Read These 7 Books Before You Invest in Real Estate!
What are some top books that will help you get started in real estate? It can be hard deciding what book is right for you. That all depends on what type of real estate investment you are looking to get into.
It’s easy to get lost in the sea of investment options. Some people might prefer residential or commercial investments. Others might want long-distance ones.
Luckily, we have compiled a list of several real estate investing books for beginners. Read them if you want to get started in this lucrative business.
These books will help you navigate through tough decisions. Your real estate investments will thrive. Let’s dive right into this list now!
1. Rich Dad, Poor Dad by Robert T. Kiyosaki
This book will teach you how to make wise decisions and plans for your future. Rich Dad, Poor Dad is the classic story about two fathers.
One of them teaches his son about entrepreneurship and success from a young age. The other father does not show his own children what it means to be entrepreneurs. He rather leads them down an academic path.
This novel explores how these two different perspectives on life affect each generation as they grow older.
The author of this book has done an excellent job. He discussed how to do small business investment as well as real estate investment. The book has been rated one of the best reads in investment and personal finance.
This book is a must-read for all those who want to become better versions of themselves. It will inspire and motivate you.
Kiyosaki made his millions through real estate. He is now the guru of finance for Asia’s elite. He teaches us how to use our homes as investment vehicles that will provide passive income.
2. Long-Distance Real Estate Investing by David Greene
The demand for long-distance real estate investing is on the rise. That means we need to look at this book by David Greene.
This book will teach you everything about investing in other countries. The author has years of experience and is extremely knowledgeable. If you are thinking of expanding into international markets, this book should be at the top of your list.
Greene’s research proves that the “risky lifestyle” argument is a myth. The real estate market has changed dramatically over the years. That means you can be successful no matter where in the world you are located.
Greene shares his personal strategies for success. He includes techniques that he has used to achieve the best results in his own home renovation project. He also talks about how you can identify neighborhoods with potential.
David Greene is an ideal professional to take notes from. He has vast knowledge in real estate. He also has experience in managing over 35 single-family rental properties.
3. The Book on Rental Property Investing by Brandon Turner
This book will help you to understand the fundamentals of real estate investing. Brandon Turner gives valuable insight on everything from financing to property management skills.
This book is your guide to avoiding the most common pitfalls for rental property investors.
Turner discusses how to calculate ROI and the pros and cons for each type of rental property. This book is based on the author’s experience in America. Nonetheless, it can be applied to other countries as well. The author has been in the real estate industry for many years. He also runs a real estate website.
4. Mastering the Art of Commercial Real Estate Investing by Doug Marshall
We understand that some of you may be more interested in commercial real estate. Therefore, we added this book to our list.
The book explains 6 specific laws of real estate. The 6 laws are designed to maximize profit. They will help you understand the importance of timing. You will also learn how to position an investment for optimal cash flow over a long period of time.
The text is very engaging. It’s also informative as well as entertaining. Doug Marshall is one of the most experienced and knowledgeable brokers in commercial real estate. His book is ideal for those interested in commercial investment.
5. The Millionaire Real Estate Investor by Gary Keller
You do not need a million dollars to be a successful investor. The author of “The Millionaire Real Estate Investor” motivates and inspires people who don’t have much money saved up.
It has interviews with over 100 millionaires about their best investing tips. It is like a manual or handbook on how to build your capital through property.
6. The ABCs of Real Estate Investing by Ken McElroy
This book will teach you the basics of investing. It includes ways to find and evaluate properties. It also provides more insight on how property management can increase income for investors.
It’s not always easy to understand the jargon of finance. This book makes it simple with engaging advice and actionable steps.
Ken McElroy is a property investor and manager with over 26 years of experience.
7. How to Invest in Real Estate by Josh Dorkin and Brandon Turner
Two of the most successful figures in real estate have collaborated to create this book.
You won’t find a “one-size fits all” solution. This book teaches you how to succeed in today’s real estate environment. It is based on over 40 real-life examples.
You will never again have to wonder what niche or technique will work for you. This book provides a comprehensive overview of all the different options.
Conclusion: These books are a good start for anyone looking to invest in real estate
This list is a good start for anyone looking to invest in real estate. It doesn’t matter how much experience you have. These books will help you learn more about investment strategies and see how professionals invest.