Real estate investing in general, is one of the common pieces of advice you would find when talking about investments. And whenever, the word ‘real estate’ is mentioned, what comes to mind instantly is, ‘I need to have a lot of money’. However, you need not necessarily ought to have the money to start with a real estate business.
Even if you are just starting out, if done right, the real estate business is an asset that can bring you huge returns from a single deal! What is most important is, that you must know what you are dealing with before you decide to wet your feet in the water.
And so, here you are looking for the best books on real estate investment! There are plenty of guides and books on real estate investing which give you fluffy information … but here are the all-time best books for real estate investing if you are seriously thinking about getting involved and developing a fail-proof strategy to build wealth in the real estate investment world!
The Best Books For Real Estate Investing
1. The ABCs of Real Estate Investing
Written by Ken McElroy, who has over 26 years of senior-level experience in multifamily asset and property management. This book is a handbook for every beginner who wants to get their feet wet in the real estate business.
→ Learn the basics of ways to find and evaluate properties.
→ How to negotiate deals.
→ How to increase your cash flow through real estate investment.
→ Easy to read and follow even for first-time investors.
2. The Book On Rental Property Investing
Written by Brandon Turner, a real estate entrepreneur and vice president of growth of well-known real estate investing website BiggerPockets.com. This book is a handy guide for everything you need to know about succeeding with rental investments as a means of generating cash flow.
→ You will know the biggest mistakes made by rental property investors.
→ How to avoid property investor mistakes.
→ Simple strategies and actionable tips to create and maintain wealth through rental property investments even if you are a beginner.
→ And much more.
3. The Millionaire Real Estate Investor
The book was written by Gary Keller and deals with the greatest myths of property investing.
→ You don’t necessarily need to have millions of money to start investing in estates.
→ Proven techniques you can apply to become a successful real estate investor by following the principles suggested in the book.
→ Learn how to achieve millionaire status, as well as how to grab those real estate opportunities that will bring you the most profit.
4. The Book on Flipping Houses
Written by J Scott, this book is a guide for those who are interested in flipping houses. He is a professional house flipper who developed a successful system in finding properties to flip, rehabbing them without a cut in his profit margin and finally reselling them for maximum gain.
Whether you want to flip one home at a time or build an entire house flipping business, this book is a road map that covers everything you need to know.
→ Evaluating potential markets.
→ Getting property financing.
→ Hiring contractors.
→ Putting back the home for sale in the market.
5. Mastering the Art of Commercial Real Estate Investing
Written by Doug Marshal, this book explains the basics of investing in commercial real estate, using six specific laws of real estate investing that are designed to give you maximum profit.
As you know from the title, this book is a complete guide to investing in properties.
The return potential can be high with commercial real estate but there are also risk factors to consider.
→ How to invest in properties like office space, retail units, multifamily apartment buildings, warehouses, data centers, public storage, and the likes!
→ How to determine when the timing is right to buy a commercial property and when to pass on a deal.
→ How to position an investment.
→ The risk factors you must consider when investing in this business.
6. Long-Distance Real Estate Investing
Written by David Greene who himself built a multi-million dollar portfolio, by investing in over 20 rental properties in and out of the states. This is a handbook for those looking for ways to increase and widen their real estate investments nationwide.
→ You will learn how to find great deals in any state regardless of where you live.
→ How to identify which neighborhoods to buy and which ones to avoid.
→ How to renovate a project remotely, and much more.
Though investing out-of-state investing is considered rather a risky investment, the book suggests that rules, technology, and markets have changed well enough so you can successfully invest anywhere and anytime.
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