Beginner Investors The 10 Real Estate Books You Must Read According to Experts by Alex Karani July 18, 2021January 24, 2022 by Alex Karani July 18, 2021January 24, 2022 Reading real estate books is one of the best ways to educate yourself about real estate investing and develop the skills you need to be a successful investor. If you are just getting started in real estate investing, you need to learn the basic aspects of the industry and get advice from experienced investors. By learning from other investors’ triumphs and mistakes, you can exponentially improve your level of success in the business. And even if you are an experienced real estate investor, there’s always something new to learn from other people. However, it can be hard to sift through all the thousands of real estate investing books in the market. Definitely, not all of them are good or will give you quality information. For this reason, we’ve put together a list of 10 of the best real estate books recommended by experts. Related: 10 Best Real Estate Books to Read in 2020 1. Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not. By Robert T. Kiyosaki and Sharon Lechter Rich Dad Poor Dad is one of the most popular personal finance books. If you haven’t read it already you’ve probably heard about it. This book advocates the importance of financial literacy and building wealth through buying assets like real estate and not wasting money on liabilities. If you are a first-time real estate investor, this is one of the best finance books to get a foundational understanding of the process of building wealth. Before you invest in your first deal, you should consider reading this book to learn the basic personal finance principles that will help you achieve financial independence. 2. The Millionaire Real Estate Investor. By Gary Keller Learning from other successful people is one of the best ways to succeed in any field. Gary Keller, a self-made multimillionaire, interviewed over 1oo millionaire investors from all walks of life to collect wisdom on how to achieve financial wealth through real estate. The Millionaire Real Estate Investor provides detailed and practical advice on how to build wealth. You’ll learn common myths about money, how to identify great real estate deals, how to develop the dream team, and other valuable millionaire strategies. 3. Recession-Proof Real Estate Investing: How to Survive (and Thrive!) During Any Phase of the Economic Cycle. By J Scott The spread of COVID-19 has had a dramatic effect on the real estate industry and many investors are still afraid of investing. Therefore, it’s important that you find ways to know how you invest in real estate to survive whenever there’s a marketplace shift. Recession-Proof Real Estate Investing is one of the best investment books that will help you continue to survive and even thrive in instances of financial turmoil. 4. The Book on Rental Property Investing: How to Create Wealth with Intelligent Buy and Hold Real Estate Investing. By Brandon Turner If you’re thinking of buying rental properties, you might consider reading this book. The author imparts the strategies that investors can use to create substantial income by investing in rental properties. You’ll study the mistakes that the majority of property investors make, the way to find incredible deals, the best ways to assess your investments, tax strategies, and much more. 5. The Book on Investing in Real Estate with No (and Low) Money Down: Real-Life Strategies for Investing in Real Estate Using Other People’s Money. By Brandon Turner One widespread misconception among newcomers to real estate investment is that you need a lot of money o get started. Brandon debunks this myth and explains in detail how to establish a real estate portfolio using non-traditional financing approaches. You shouldn’t let a lack of funds prevent you from making your first real estate investment. In this book, you’ll learn a variety of creative ideas on how to invest in real estate with little money of your own. According to the author, you can employ a variety of techniques to finance your real estate deals other than standard loans. 6. Building Wealth One House at a Time. by John Schaub Beginner real estate investors should take a fundamental approach to property investing, according to John Schaub, one of the most successful property investors. Most investors who try to earn quick money never succeed in the long term. Schaub walks readers through a step-by-step approach for achieving financial independence over time that is both straightforward and successful. He explains how novices can amass a fortune by keeping things simple and focusing on the important details. If you want to learn how to start a real estate business, this is the book for you. Everything about buying real estate businesses, from negotiating business to creating a strong network to keeping cash flow in check, is covered in this book. 7. The Real Estate Wholesaling Bible: The Fastest, Easiest Way to Get Started in Real Estate Investing. by Than Merrill Wholesaling is considered to be one of the best ways to learn real estate as a beginner. It is less complicated, carries a lower risk, and you don’t have to deal with tenants. For individuals who want to profit from real estate deals, Merrill tells you everything you need to know. This includes how to identify and analyze real estate wholesale bargains and how to establish efficient marketing strategies. Related: How to Find Wholesale Properties in Any Real Estate Market 8. What Every Real Estate Investor Needs to Know About Cash Flow…And 36 Other Key Financial Measures. by Frank Gallinelli One important skill that real estate investors need to have is knowing how to analyze profitability before buying real estate. This is one of the best real estate books to add to your bookshelf because it teaches how to invest in properties that make financial sense. Numbers, not emotions, guide the decisions of successful rental property investors. In this book, you’ll learn the principles, formulas, and rules of thumb used by successful property investors to make sound investing decisions. Frank Gallinelli goes over the most important parameters for investment property analysis and includes examples. 9. The Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties. by J. Scott Buying and reselling houses after making renovations is also a great real estate investment strategy. Scott provides a fantastic step-by-step guide on flipping houses. In this book, you’ll learn about how to discover the perfect properties to flip, how to secure finances, hiring contractors, selling, and much more. 10. Best for Beginners: The ABCs of Real Estate Investing If you’re new to real estate investing, Ken McElroy’s “The ABCs of Real Estate Investing” is a good place to start. As the title suggests, you’ll master the fundamentals of real estate investing, including how to identify and analyze properties, how to negotiate transactions, how to enhance income using property management tools, and much more. McElroy has over 26 years of senior-level multifamily asset and property management experience. Furthermore, critics agree that this is an excellent first-time investor book, noting how informative and easy-to-read it is. Related: 11 Best Real Estate Books for Beginners in 2021 The Bottom Line While these books provide a decent overview of all aspects of real estate investing, they don’t cover everything you need to know as an investor. For a more detailed look at everything real estate, head over to the Mashvisor blog to access an exhaustive library of real estate investment tips. Grab the best Residential Investment Properties: Investment properties in Kern Investment properties in Placer Investment properties in Solano Start Your Investment Property Search! START FREE TRIAL Investor BooksReal Estate Tips 0 FacebookTwitterGoogle +PinterestLinkedin Alex Karani Alex is an entrepreneur and an experienced content writer focused on personal finance, business, and investing. For over six years, he has contributed to a number of publications, both online and print. When he's not writing or working, Alex enjoys reading, traveling, and the outdoors. Previous Post 7 States with the Highest Property Tax: Should You Invest in Real Estate There? 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