5 Best books on real estate investing
Real estate investing can be a lucrative and rewarding venture, but it can also be risky and overwhelming for those who are new to the game. That’s why it’s important for beginners to educate themselves on the ins and outs of the industry before diving in. One of the best ways to do that is by reading books about real estate investing. In this blog post, we’ll be highlighting some of the best books on real estate investing.
“The Millionaire Real Estate Investor” by Gary Keller and Dave Jenks
This book is a comprehensive guide to real estate investing, covering everything from the basics to advanced strategies. It’s written by Gary Keller, the co-founder of Keller Williams Realty, and Dave Jenks, a successful real estate investor and former vice president of Keller Williams. The book is packed with practical advice and real-world examples, making it a great resource for anyone looking to start investing in real estate.
“The Real Estate Game: The Intelligent Guide to Decision Making and Investment” by William J. Poorvu
This book is aimed at helping readers understand the psychology behind successful real estate investing. Written by William J. Poorvu, a professor emeritus at the Harvard Business School, it offers a unique perspective on the real estate industry and provides valuable insights into the decision-making process. The book also includes a number of case studies and practical tips for navigating the real estate market.
“The Book on Rental Property Investing” by Brandon Turner
If you’re interested in becoming a landlord and building a rental property portfolio, this is the book for you. It’s written by Brandon Turner, a successful real estate investor and co-host of the popular podcast “The BiggerPockets Real Estate Investing Podcast.” The book covers everything from finding and financing rental properties to managing tenants and maximizing profits. It’s a great resource for anyone looking to get started with rental property investing.
“The ABCs of Real Estate Investing” by Ken McElroy
This book is a must-read for anyone looking to build a successful real estate investing business. Written by Ken McElroy, a highly successful real estate investor and author, it covers the essential principles and strategies for building a profitable real estate portfolio. The book is filled with practical advice and real-world examples, making it a valuable resource for both beginners and experienced investors.
“Building Wealth One House at a Time: Making it Big on Little Deals” by John Schaub
In this book, John Schaub, a highly respected real estate investor and author, shares his proven strategies for building wealth through real estate investing. The book focuses on “little deals,” or low-cost properties that can be purchased, renovated, and sold for a profit. It’s a great resource for anyone looking to get started in real estate investing without a lot of money to invest.
Best books on real estate investing – Action steps
You can never learn enough when it comes to real estate investing. Reading some of the best books on real estate investing will definitely help you learn from the experience of others in the industry.
However, education must be followed by action. You will never truly feel ‘ready’ to buy your first property. At some point you’d need to take a dive off the deep end and buy SOMETHING. It will not be perfect, you’ll make mistakes and you’ll feel like you aren’t qualified. This is normal.
If you can rely on local real estate agents or investors for WHEN something goes wrong, you won’t have to lose sleep wondering if something is going to break/leak/explode/etc.
