What Are The Best Books On Real Estate Investing? Top 7 Recommendations
by Shahnawaz Alam Real Estate 30 December 2023
What are the best books on real estate investing?
Real estate investment is one of the most lucrative ways of making money. But, like any investment, you must be familiar with the market. An expert real estate investor has a good understanding of the industry and is able to evaluate property values, analyze the market, and negotiate with buyers and sellers.
This is where you start to need a book to teach yourself the ways of the real estate market and investment. Do not worry. We have listed only the best books that let you learn different areas of the real estate market. These books are great for helping you enter the real estate market. Keep reading.
7 Best Books On Real Estate Investing?
1. The Book On Rental Property Investing
Most newcomers into the real estate battle royal look for the best books on real estate investing. The first one to recommend to the newcomers would be ‘Brandon Turner’. The book is Titled “The Book on Rental Property Investing”.
The book takes the reader through different stages of real estate investment. The reader will learn about buying a property and selling it. As you start reading this book, you can start to learn the ins and outs of the stock market with this. You will start off with the best strategies a newcomer in the real estate industry needs to follow.
Best For: All types of investors and learners.
2. The ABCs Of Real Estate Investing
Real estate is a vast platform with multifacet investment opportunities. There are micro-micro niche markets to make money from. This book by Ken McElroy is one of the best books on real estate investing. It is called “The ABCs of Real Estate Investing”.
Newcomers and real estate investors can learn everything there is to learn about multifamily real estate properties. This book can make a pro in finding your market, evaluating opportunities, negotiating deals, and making offers to your customers.
A new investor will learn helpful strategies to deal with real estate properties. Any investor will find this book insightful.
Best For: commercial investors.
3. The Book On Investing In Real Estate With No (And Low) Money Down
Here is another good book by ‘Brandon Turner’. This book is one of the first books you must read when getting started with real estate investment. It talks about the financial side of starting your investment journey. The book focuses on how, even without a million dollars, you can start your investment journey.
The book will get you started with getting your loans and using them effectively. You will also learn to secure the first-ever property. More so, it delivers beneficial knowledge regarding how to deal with your properties in the best manner. The book also gives readers real-life examples of risk management and the benefits of investments.
Best For: Finance your investments while on budget.
4. The Book On Negotiating Real Estate
Negotiation skills are one of the most important skills one needs to learn if willing to enter the real estate market. Whether you are an investor or a seller, you must have masterful negotiation skills to buy or sell a good real estate property. Both the on-ground real estate agents, appraisers, and investors must read “The Book On Negotiating Real Estate” by J. Scott, Mark Ferguson, and Carol Scott.
The book will provide you with knowledge and skills, helping you sharpen your negotiation skills regarding real estate properties. More so, you will also learn strategies for decision-making and tackling a bad appraisal, dealing with objections, and more.
Best For: Real estate negotiations.
5. The Millionaire Real Estate Investor
If you want to read only the best books on real estate investing, then try out the above-mentioned. This book by Gary Keller is a compilation of real estate investors with millions of dollars of profits in the sector. Whether you need the knowledge for your career or your personal investment pathway, this book is a must-carry companion.
More so, the book bursts so many investment myths. It teaches investors to create a mindset driven toward success. Most readers feel motivated and inspired after reading this book.
Best For: People building wealth through real estate investment.
6. What Every Real Estate Investor Needs To Know About Cash Flow… And 36 Other Key Financial Measures
If you want to read only the best books on real estate investing, then you can try out “What Every Real Estate Investor Needs to Know About Cash Flow”. This book helps you learn the value of a real estate property. It gives you a masterful understanding of a real estate property and creates a proper value proposition for that property. A reader will have a clear and in-depth understanding of evaluating and analyzing a real estate property after reading this book.
Written by Frank Gallinelli, this book helps an investor learn essential measurable metrics. Readers will learn how return on equity, operating income, and profitability index work. After reading this, you will be able to craft your own ways of making smart investment strategies.
Best For: Real estate deal analysis.
7. Short-Term Rental, Long-Term Wealth
The rental real estate market is never out of business. The short-term real estate housing space market is pretty much occupied by companies like AirBnB, Vrbo, and Sonder. Of course, long-term rental properties are great for making money in the long term. But the short-term rental is also a lucrative real estate business model.
One of the best books on Real estate investing, the above-mentioned helps teach you enough about real estate investment. It is written by ‘The Short Term Shop’ CEO Avery Carl. You will learn how to identify, select, acquire, and manage real estate properties.
Best For: Learning short-term real estate investment.
Furthermore, there are books for new real estate property owners who want to learn to manage a real estate property. New landlords will find “The Book on Managing Rental Propertie,” useful. As a new learner of the real estate market, you can also learn the BR Investing Strategy. Of course, the industry is a complex one. But, the more books you read, the more knowledge you gather about the industry. So, these were some best books on real estate investing.
Hopefully, the ones mentioned in this article were helpful. But if you have any further queries, please let us know through the comment section. Thank you for reading.