Jumping into real estate as a beginner can be daunting. There’s a lot you likely don’t know, and a lot you definitely want to know if you want to be successful. The great thing about real estate is that you can learn about it rather easily. There are plenty of resources out there to help educate yourself and become the best real estate investor you can be. One of the best resources to use when learning more about real estate investing is reading! There are so many different books out there full of tons of information and advice from industry professionals. On that note, here a few great books to check out if you want to learn more about real estate investing.
The Book On Rental Property Investing – Brandon Turner
Considered a practical, step-by-step guide for rental property investing, there’s a great reason why this book is on this list. Brandon Turner does a great job of breaking more complicated topics down to bite-size, easy to understand pieces. Topics that are covered include deal analysis, finding and negotiating deals and a whole lot more. The only downside is that the book tends to focus more on small-time investors, so if you are looking to build a real estate empire, this book is likely not for you.
Building Wealth One House at a Time – John Schaub
John Schaub has worked in real estate for over forty years as a landlord, house flipper, and lender, so it’s not surprising he’s chosen to share his knowledge with others. If you’re looking to learn the fundamentals, look no further than Building Wealth One House at a Time. John’s book takes a dive into a strategy for achieving financial independence with residential real estate as well as going over finding, financing, renting and selling properties. Some topics covered include legal and contracts, property management and general principles and strategies.
The Millionaire Real Estate Investor – Gary Keller, Dave Jenks, & Jay Papasan
Gary Keller uses his book to break down and share aspects of the real estate investing business as well as best practices. He does a great job of capturing the mindset needed as well as the strategy of how to build a successful real estate investing business. Keller goes over a few important ideas such as the 5 models of a millionaire real estate investor or The Dynamic Trio of Investing. Keller also includes profiles for plenty of real-life real estate investors, which shows that it’s possible to become a millionaire in many different ways. The only downside is that the book was published in 2005, before the real estate crash of 2007 – 2009, so things may be a little out of date.
There are countless books you can check out if you want to get into real estate investing. With so many different things to learn and investors to hear from, there are plenty of ways for you to learn more about the industry and start being the best investor you can be.