In this post, you will read about the 10 best books on real estate investing of all times. Real estate investing can help you earn passive income and diversify your portfolio to hedge your investment in the financial market. Due to the way, the real estate market operates, unlike the stock market that goes up or down, the real estate investments are usually more stable. Also, this keeps your portfolio balanced. And like the stock market where you have different strategies for investing, you also have different ways of investing in real estate. Besides, the strategies include investing in real estate investment trusts, investing in turnkey properties and in multifamily rentals. Also, each method has its own terms you need to master.
Although you can learn a lot about investing in real estate from books, there are so many of these books in the market. However, I have made research and collected the best that you need to start investing in real estate. So without any more waste of precious time, here is a list of the best books on real estate investing of all times.
20 Best Books on Real Estate Investing Of All Time
Rich Dad Poor Dad
Robert Kiyosaki’s Rich Dad Poor Dad is an investment book that teaches you how to create wealth through investing in real assets. Also, this book teaches you how to manage your personal finance and how to build small businesses. The main point to note in this book, is that the book teaches you how to have a wealthy mindset.
Besides, if you have it, you can build businesses in real estate, and all kinds of businesses. The primary theme of the book is that you should use real estate to generate passive income. And that you create portfolio income than work harder. Get the book on Amazon.
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Rental Property Investing
Rental property Investing is part of the best books on real estate investing that you need to read soon. This a book that was written by Brandon Turner a real estate investor and vice president of an investing website called biggerpockets.com. This book is a guide to teach you everything you must know to succeed in rental investments and create cash flow.
Furthermore, it shows you top mistakes you should avoid that rental investors make. It is a beginners guide that gives you easy strategies that you can put into action to create wealth and generate income from investments in rental property. Get the book on Amazon.
The book On Flipping Houses
This book by J Scott teaches readers how to flip houses instead of buying rental properties and holding on for the long term. The author has experience flipping houses and developed strategies for finding houses to flip. He also shows you how to repair them with little amounts of money and then resell at huge margins.
The book is comprehensive material for flipping houses as a real estate investing strategy. You will learn how to evaluate a potential market, how to get loans to buy the property, hire a contractor, and how to sell the house in the property market. Get the book on Amazon.
The Intelligent REIT Investor
The Intelligent REIT Investor is another book that is part of the best books on real estate investing of all time. If you don’t want to deal with tenants directly and handle problems of tenants, then you can invest in real estate using REIT.
REIT is a real estate investment that trade in real estate on your behalf and pays you a dividend on its income. The book will tell you how to evaluate and choose a REIT investment. And this depends on your investing goals, risk acceptance and how long you want to invest.
You can get this book to learn all you need to know about REIT as a real estate wealth creation method. It also teaches you how to get loans to buy the property, hire a contractor, and how to sell the house in the property market. Get the book on Amazon
Mastering the Art of Commercial Real Estate
Commercial real estate investing is different from residential real estate. Here, you are dealing with office spaces, warehouses, data centers, retail outlets, and multi-family apartment buildings. In these properties you will have to deal with hundreds of tenants.
As the risk is high in this type of investing so is the profit. Get the basics from the book on how to invest and position the property to produce cash over the long term. Get the book on Amazon.
6.The TurnKey Revolution
This book gives you a different view on Rental property investing and it is in this list of the best books on real estate investing. Besides, this is done for you property investing. The tenant is already living in the property, that has been renovated and put in excellent order.
Your role is to buy the property and collect rental income. It is that simple. The author Christopher Clothier outlines the problems you need to watch out for and shows you how to hand over the property to a management team. Get the book on Amazon.
Millionaire Real estate Investor
The author Gary Keller, uses the experiences of 100 millionaire real estate investors to write this handbook for producing wealth in real estate investing. You will learn the big myths about money and investing that hinder people from becoming millionaires. Also, you will learn how to get profitable real estate opportunities. Get the book on Amazon.
The book on Tax Strategies
In this book, you get to know all the tax implications of investing in real estate. It was written by Amanda Han and Matthew McFarland. Knowing how to use tax to your advantage is vital and that is why it is in this list of the best books on real estate investing. The authors are certified public accountants and they rely on their experience and expertise in their filed.
Also, you will learn about the expenses you can deduct and claim as a real estate investor. In addition, you will know how to report income you earn from real estate to avoid getting into trouble with the IRS. Besides you will know how depreciation works and how to use a self-directed IRA to purchase a property and more. Get the book on Amazon.
Getting the Money
This book written by Susan Lassiter-Lyons helps you to find the money you need to start real estate investing. In the book, you will learn the basic things you need to do to raise capital. Furthermore, this book comes from the authors experience raising millions of dollars in creative ways for real estate investing. Also, you will get useful tips on how to close deals. Get the book on Amazon.
What every Real Estate Investor Needs To Know About Cash Flow and 36 other key financial Measures
Mastering your numbers is important in real estate investing and that is why it is included in this list of the best books on real estate investing. This book written by Frank Gallinelli teaches you how to master the numbers in real estate investing.
Moreover, you will learn how to gain capital and how the internal rate of return works. Besides, you will read about basic formulas, and learn how to measure cash on cash returns, return on equity, net present value, discounted cash flow and net operating system.
Furthermore, you will see a spreadsheet that will enable you to read about the property’s potential and make use of financial concepts to succeed. There are lots of examples and calculations with questions and solutions, to make it an easy book to read and understand its concepts. Get the book on Amazon.
In this post, I listed the best books on real estate investing of all time that you need to read to improve your real estate investing. Also, it will help you to master the best strategies you can apply to grow your wealth in real estate. And you can even become a real estate millionaire. Get the books and read them now.