7 Real Estate Investing Books You Must Read
Difficulty finding what real estate investing books to read? There are several books out there in the market but which one’s the best? Some of the best books were published years ago, while others are as recent as this year. In this article, we compiled a list of the best real estate investing books relevant then and in today’s real estate landscape.
Real Estate Investing Books | The Essential Reads
1. The Book on Managing Rental Properties
The book is about the actual experiences of the authors’ investment company. This book provides insights on practical anecdotes and other aspects such as tax responsibilities and how to look for an effective tenant. It also touches on taking advantage of rental timing and in demand location. It also states that sites such as Airbnb and HomeAway have streamlined the leasing market. Home owners can now offer their spare property for short-term lease, a system that was never practiced before.
- Authors: Brandon Turner and Heather Turner
- Published: 2015
- Cost: $16.18
2. The Unofficial Guide to Real Estate Investing
The book is one of the best real estate books for beginners. It guides readers from planning, buying their first property, renovating, managing the property, and to selling the property with a premium price. It’s somewhat an all-in-one book guide for start-up real estate investors.
- Authors: Spencer Strauss and Martin Stone
- Published: 2003
- Cost: $13.98
3. FLIP: How to Find, Fix, and Sell Houses for Profit
House flipping has been growing in popularity and is currently at an all-time high. The book provides insights on the proper investment selection, cost estimates, construction hurdles, and ways of dealing your property. The authors have resold over a thousand houses across the country and advocate their method as appropriate at almost any location in the country.
- Authors: Rick Villani and Clay Davis
- Published: 2007
- Cost: $18.84
4. Rich Dad’s ABC’s of Real Estate Investing
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It follows the bestseller Rich Dad, Poor Dad by renowned author Robert Kiyosaki. Ken McElroy introduces the basics of real estate investing and its potentials to grow your wealth. It provides insights on achieving wealth and cash flow through real estate investing. The book shows you how to unlock your potential by discounting those myths which may be holding you back.
- Author: Ken McElroy
- Published: 2004
- Cost: $6.51
5. Value Added, Successful Strategies for Listing & Selling Investment Real Estate
Author Brad Umansky presents this book as a guide for industrial real estate brokers. The necessity for industrial real estate has been lucrative for emerging investors as well as veteran financiers. The book features strategies in commercial real estate from brokering to selling large commercial properties. The author has brokered over 600 commercial real estate properties as well as over a hundred investment sale dealings.
- Author: Brad Umansky
- Published: 2010
- Cost: $599.00
6. The Advanced Guide to Real Estate Investing
Picking up from the bestselling book, Rich Dad’s ABC’s of Real Estate Investing, author Ken McElroy delves into the building foundations of real estate investment. The book now covers how to think like a real estate mogul, identifying expert deals, top real estate markets to watch, and surrounding yourself with a team which would help you succeed in real estate investing.
- Author: Ken McElroy
- Published: 2008
- Cost: $31.99
7. The Richest Man in Babylon
First printed in 1926, this book has sold over 2 million copies worldwide. This classic book by author George Clason features wealth creation, growth, and sustenance through real estate investing. It contains ancient parables which are secrets to success of some of earliest successful people in history. If you have questions about whether you are for real estate investing, let George Clason help guide you.
- Author: George Clason
- Published: First published in 1926, reprint edition 2002
- Cost: $10.41
Real estate investing is one way of cultivating your wealth. It is something you can start on your own without a need for large capitalization. These books serve as guides to know if you are for real estate investing or not. The stories and models in these books may serve as an inspiration to get you started real estate investing.
What other inspiring real estate investing books do you have in mind? Please let us know your thoughts by leaving your comments below.