The 9 Best Books on Real Estate Investment
Are you interested in getting started in real estate investing but don’t know where to begin? With complicated legal documents, endless paperwork, and complex financial formulas, it’s easy to feel overwhelmed.
But don’t worry – there is a wealth of resources out there that can help make it easier. Over the years, many great authors have written books on real estate investment explicitly tailored for beginner investors.
In this blog post, we will explore the best real estate investment books for those just starting their journey into property investment and how these titles can help equip you with all the knowledge and insight needed to succeed!
1.) “The Book On Rental Property Investing” by Brandon Turner
“The Book on Rental Property Investing” is one of the top-selling real estate investment books for beginners that can help you achieve financial freedom through real estate investing. Brandon Turner, one of the successful real estate investors, offers practical and exciting strategies to generate significant cash flow through rental properties in this book.
Brandon Turner shares his strategies to become wealthy in real estate. Whether you’re a novice, experienced real estate professional, or seasoned investor, you’ll learn how to create a feasible plan, find great opportunities, build your dream team, finance rentals, and more, ultimately helping you become a millionaire rental property investor.
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2.) Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki
“Rich Dad Poor Dad” has become the top-ranked personal finance book worldwide, with translations available in numerous languages.
Rich Dad Poor Dad is an excellent real estate investment book that tells the story of two fathers – his own and his best friend’s dad, a wealthy man. Robert T. Kiyosaki’s book educates you on how both men influenced his beliefs on finances and investments.
It disproves the myth that a high income is required to be wealthy and highlights the difference between earning and making your money work for you.
“Rich Dad, Poor Dad” is not just any ordinary book you will read and forget. It is a masterpiece that shifts your whole mindset on wealth creation, and I speak from personal experience. This book taught me that a high income does not equate to wealth and that owning a home is not an asset.
The author also highlights the importance of financial education and how parents are responsible for educating their children on money matters. A key takeaway for me was the clear definition of assets and liabilities, which is often a source of confusion for many.
Overall, “Rich Dad, Poor Dad” is more than just a book; it is a financial guide that teaches parents how to raise financially responsible children for their future’s sake.
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3.) How to Invest in Real Estate: The Ultimate Beginner’s Guide to Getting Started by Brandon Turner & Joshua Dorkin
Real estate investing is a great way to build wealth and achieve financial freedom. Many strategies within the real estate can help you attain such freedom, which makes it so attractive.
This book, authored by Josh Dorkin and Brandon Turner, examines various available real estate investment niches and strategies. It will help you discover the real estate strategies that best suit you.
This real estate book doesn’t claim only one secret to success; it explores numerous distinct and transformative journeys and features over forty real-world examples of real estate investors achieving success in today’s economy.
The book “How to Invest in Real Estate” covers many topics:
- the truth about LLCs and corporations, and tax strategies
- how to earn more money to invest more
- getting your spouse involved
- investing in eight different property types
- building wealth through eleven strategies
- finding real estate deals using twenty-eight tested methods
- and details on funding deals through partnerships
- BRRRR investing
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4.) Recession-Proof Real Estate Investing: How to Survive (and Thrive!) During Any Phase of the Economic Cycle by J Scott
During the 2008 Great Recession, some real estate investors thrived and expanded their businesses despite the economic disruption. While many investors lost everything they had worked hard for, a few emerged from the downturn in better financial standing than before.
The book “Recession-Proof Real Estate Investing” by J Scott explains how to use economic cycles to your advantage as a savvy real estate investor. The guide provides instructions for different types of investors and teaches you how to make money regardless of the economic situation. After reading this book, beginner real estate investors will gain a new perspective on the real estate investment business.
The book “Recession-Proof Real Estate Investing: How to Survive (and Thrive!) During Any Phase of the Economic Cycle” covers many topics:
- How the economy operates, and how you can benefit from it.
- The economic cycle: Expansion, Peak, Recession, and Recovery.
- How to prepare and navigate through the economy effectively?
- The positive and negative impacts of each phase on different real estate investing strategies
5.) The Multifamily Millionaire, Volume I By Brandon Turner & Brian Murray
Experienced real estate investors Brandon Turner and Brian Murray present the first volume of “The Multifamily Millionaire” series, which offers a step-by-step blueprint for starting with small multifamily real estate. This book provides guidance for purchasing your first multifamily investment property and a framework for transforming it into long-term financial freedom, regardless of your experience or available funds.
The book “The Multifamily Millionaire, Volume I” covers many topics:
- How to use the Stack method to create a million-dollar net worth
- The seven distinct varieties of small multifamily real estate property
- How to quickly and accurately analyze the multifamily investment property
- Three creative no- and low-money-down strategies that work in any market
- How to use the BRRRR strategy with your small multifamily portfolio
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6.) The Book on Investing in Real Estate with No (And Low) Money: Real Life Strategies for Investing in Real Estate Using Other People’s Money by Brandon Turner
Do you need more funds to fulfill your real estate dreams?
Even if your checking account has a substantial balance, you may come across properties beyond your financial means. However, you can take charge of your future using this book’s various techniques to utilize other people’s money for exceptional returns on your original investment.
Brandon Turner shares insights on professional investors’ various financing methods to make the most of current real estate markets. Creative financing options by the author enhance your real estate investment strategies.
The book “Investing in Real Estate with No (and Low) Money Down” covers many topics:
- Investing without money is possible, but it requires a particular mindset.
- The most effective strategies to get started with real estate investing without spending thousands of dollars.
- Numerous methods to mix and match.
- How to attract private money, lenders, and partners
- The downsides of all the strategies mentioned in this book
- Strategies for wholesaling, flipping houses, rentals, and more―Find success no matter what niche you plan to use to build your real estate empire.
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7.) What Every Real Estate Investor Needs to Know About Cash Flow…And 36 Other Key Financial Measures by Frank Gallinelli
For those intrigued by real estate investing, whether just starting or a seasoned pro, “What Every Real Estate Investor Needs to Know About Cash Flow” is invaluable. With proven calculations, the book enables you to make smart investment decisions.
The book “What Every Real Estate Investor Needs to Know About Cash Flow…And 36 Other
Key Financial Measures by Frank Gallinelli” covers many topics:
- Discounted Cash Flow
- Net Present Value
- Capitalization Rate
- Cash-on-Cash Return
- Net Operating Income
- Internal Rate of Return
- Profitability Index
- Return on Equity
8.) The Millionaire Real Estate Investor by Gary Keller
Understanding the basic principles and strategies to achieve financial wealth is essential. “The Millionaire Real Estate Investor” is a book that shares the insights and experiences of over 100 successful investors from different backgrounds. Their proven strategies are presented clearly, making them easy to understand and apply.
The book “The Millionaire Real Estate Investor by Gary Keller” covers many topics:
- Myths about money and investing and how to develop the millionaire mindset
- How to identify great real estate investment opportunities
- How to zero in on the key terms of any transaction and achieve the best possible deals
- How to create the “dream real estate team” to help you build your real estate business
9.) Buy, Rehab, Rent, Refinance, Repeat by David Greene
Buy, Rehab, Rent, Refinance, Repeat book explains a more efficient method to build wealth through real estate, as opposed to the traditional slow approach of saving money for years at a cost to one’s present happiness. The alternative method outlined can yield results in years instead of decades. The author of this book is a prosperous real estate agent and investor who has achieved considerable success.
The BRRRR real estate investing strategy consists of five steps: Buy, Rehab, Rent, Refinance, and Repeat. This strategy helps achieve financial freedom. First, purchase a property under its market value, then renovate and improve it. Rent it out to tenants, complete a cash-out refinance, and use that money to repeat the process.
This plan offers a simple and straightforward path to rapid wealth growth through real estate investment properties using the BRRRR method. It doesn’t require much cash and will help you achieve financial independence.
The book “Buy, Rehab, Rent, Refinance, Repeat by David Greene” covers many topics:
- A solid plan for getting started, even with limited capital
- How to identify target properties locally and all over the country
- Negotiation tactics for making offers that get accepted
- How to increase a property’s value
- The key to identifying emerging markets destined for colossal growth
- How to hire top talent to work on your deals
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Conclusion
Now that you’ve had the opportunity to learn about some of the best nine real estate investing books for beginners, you can confidently take your career to new heights.
Whether you’re just getting started or experienced in the real estate business, these books will surely provide a great foundation to build on.
There’s no better time to begin making strategic investments and taking control of your financial future. With this knowledge, creating a blueprint that best suits your individual goals is important.
Nothing can compare to the sound of financial freedom and peace of mind knowing you have a steady flow of income.
So are you ready to take your career to the next level? Invest in books and make it happen!
