Real estate investing is tough, but it can be easier with good resources. Here are the best real estate investing books you should get a hold of.
Table of Contents
Real estate investing books – the best source of knowledge that can turn beginners into real estate investing experts. Well, maybe not immediately, but it can drastically change your approach to investing. They give you tons of helpful information to help you get the best possible experience in real estate investing.
While there are too many good real estate investing books to mention in one blog, we’ve compiled a list of our top 10 choices of real estate investing books for 2023. Our list includes titles that can be invaluable for any real estate investor – both beginners and seasoned investors.
There are good real estate investing books that cover all the different topics related to the business. The list below is more focused on real estate investing books that can add greater value to investors who own or are interested in purchasing a rental property.
We will discuss the books individually and give you an overview of each. By doing this, we hope to point you in the right direction to address any of your investing concerns.
When you have the right tools, such as a good real estate investing book coupled with a real estate website like Mashvisor, you can approach investing with more confidence.
So, whether you’re a beginner in the game or a seasoned investor, we believe you will find this list quite helpful, especially going into 2023. Ladies and gentlemen, here are the top 10 best real estate investing books for you.
5 Classic Real Estate Investing Books
As mentioned earlier, there are tons of good real estate investing books out there. Go online and you will see different “best real estate investing books” lists all over. With our list, we will focus more on rental property investing.
We also give you a couple of useful books that deal with the other aspects of real estate investing, but the overall theme you’ll find here is rental property investing.
Why Rental Properties?
An investor has different options in real estate investing. Your choices will largely depend on your needs and goals as an investor.
For beginners, you need to have a clear set of goals first before you set out to look for an investment property to buy. Your goals will serve you best as you determine each step you make. From finding the best possible location to choosing the right financing, it will all depend on your goal.
As an investment strategy, rental properties (both traditional and vacation rentals) provide you with a more long-term wealth-building plan. With the right location, you can find an income property that will allow you to earn enough income to take care of the property and make a decent profit to take to the bank.
Real Estate Investing With Mashvisor
As an investor, the very first thing you should know is how to look for the right property. And while there is a lot of good real estate investing books to guide you, logging onto Mashvisor will help speed up the process.
Mashvisor is a real estate website that specializes in helping real estate investors find the most profitable investment properties in any given location. It provides users with data covering almost the 2022 US housing market. It is one of the best real estate investing websites out there today.
Investors can easily navigate the site to search for rental investment properties that will allow them to build wealth and equity for the long haul. Its investment property calculator also functions as a rental property calculator that will enable you to make accurate and realistic projections for both traditional and Airbnb rental properties.
To learn more about how Mashvisor can help you find profitable investment properties, schedule a demo.
The books in this list are some of the best written about real estate investing. They have remained relevant throughout the years and have withstood the test of time. The principles and philosophies discussed in these books are timeless and sound.
So, without further ado, here is our list of the top five classic real estate investing books that we recommend every real estate investor to read:
1. Every Landlord’s Legal Guide
By Marcia Stewart, Ralph Warner, and Janel Portman
Every Landlord’s Legal Guide is invaluable for any real estate investor looking to purchase a rental property and become a landlord. The book covers some of the hottest topics related to being a landlord. It delves deeply into the legal aspects and issues that every landlord might face when running a rental property.
Every Landlord’s Legal Guide covers multiple topics related to:
- Property management
- Legal issues and disputes
- Writing leases
- Tenant eviction process
Whether you are hiring a lawyer or a standalone landlord who prefers to carry out evictions on your own, the book will give you great insights into both options. The book guides the reader through the process of hiring a lawyer, doing legal research, and solving disputes with your tenant without a lawyer.
Additionally, the book covers some topics and legal aspects that might not occur to landlords who are just starting with their business, such as the potential landlord liabilities and how to address them or delegating responsibilities related to the rental property to the tenants in a legal manner.
Finally, the book also brings up state-by-state charts on landlord-tenant laws highlighting the differences and similarities between states.
Related: Real Estate for Beginners – The Advice You’ll Need
Every Landlord’s Legal Guide is an essential resource for aspiring landlords.
2. What Every Real Estate Investor Needs to Know About Cash Flow
By Frank Gallinelli
If you’re looking for good picks of real estate investing books, Frank Gallinelli’s book is one of the best sources of information for people looking to learn about the financial aspects of an investment property. It is a great delight for people who love numbers and people who are trying to understand them.
The book covers topics mainly related to:
- Financing an investment property
- The basics of analyzing a deal
- 37 calculations that every real estate investor needs to know
- The use of math in real estate investing
- The multiple methods used to calculate the return on a real estate investment
What Every Real Estate Investor Needs to Know About Cash Flow is recommended for any real estate investor who wants to learn about the different numbers, metrics, and methods of calculating the returns of a real estate investment. However, many investors might get overwhelmed by the amount of information and new concepts introduced in the book.
For beginners and people who don’t get along well with numbers, we recommend reading through Gallinelli’s book and taking away the simpler concepts to use in their investments. Trying to use all of them in the early stages of your investment might lead to the infamous analysis paralysis.
However, the book should always be on your bookshelf, and you should always use it as a reference to learn new methods for analyzing an investment. It’s a must for all real estate investors, both beginners and seasoned ones.
Related: Real Estate Investing: Expert Advice for Beginner Investors
3. The Book on Investing in Real Estate With No (and Low) Money Down
By Brandon Turner
As the co-host of the BiggerPockets real estate podcast, Brandon Turner’s already written numerous successful real estate investing books. You will always find at least one of his books on every list of top books related to real estate.
In particular, The Book on Investing in Real Estate With No (and Low) Money Down can be a life-changing read for both real estate enthusiasts and non-enthusiasts. It can convert a person with zero interest in real estate into a hardcore real estate investor.
Turner’s book provides comprehensive and detailed coverage of the different and unconventional methods of financing a real estate investment. Putting his experience into words, he covers topics related to:
- Financing an investment property
- Analyzing a deal
- The use of non-traditional methods for financing a purchase
- Investing in an owner-occupied property
The best part about this book is that the methods mentioned in it have all been used and tested by no other than the writer himself.
When Brandon writes, he writes from experience, and he urges people to follow his steps in order to find traditional success in real estate investing using non-traditional methods.
While the book might not be of great value for people who already own a number of investment properties, it is a good pick for people who are still in the phase of figuring out their finances and are interested in getting into the real estate business but do not possess sufficient funds to get started.
4. The Book on Rental Property Investing
By Brandon Turner
Another real estate investing book by Brandon Turner comes as no surprise considering the amount of experience and knowledge he accumulated throughout the years, even at his young age.
If you’re interested in investing in a rental property, then The Book on Rental Property Investing is a diamond carved in perfect form for you.
The book talks about the different aspects related to rental properties, such as:
- Cash flow and what to expect from it
- Acquiring your first rental property
- The different strategies for managing your rental property
- The common mistakes that landlords make
Turner’s book should be used as a guide by any real estate investor who owns or runs a rental property. It will allow you to avoid many common mistakes that landlords typically make. Also, it will enable you to maximize your cash flow without risking the well-being of your investment.
5. The Millionaire Real Estate Investor
By Gary Keller
One of the best books about building wealth in real estate investing is penned by Gary Keller. The Millionaire Real Estate Investor lets you into the minds of some of the best and most brilliant investors in the world. Keller was able to pick on the minds of the best and present them to us in digestible chunks of useful information.
Some of the things he talks about in his book include:
- Collected wisdom and experiences of 100 of the most successful millionaire real estate investors
- Myths surrounding money and investing that hinder people from building wealth
- How to vet opportunities in real estate to find the best and most profitable options
- How to achieve the best possible deals in real estate transactions
The best thing about Keller’s book is that you don’t need to be wealthy to appreciate its contents and help get you started. The things and techniques he discusses and advocates in the book will help you achieve millionaire status as long as you set your mind to it.
The Millionaire Real Estate Investor is a good and insightful read that will help you a big deal in your investment journey in 2022, 2023, and beyond.
Related: How to Learn Real Estate Investing on Your Own
5 Best Real Estate Investing Books in 2022 and 2023
Now that we’ve discussed some of the best of the timeless classics, we move on to some of the best books recently published. The books were published in 2021 and were quite helpful to readers in 2022.
Because of some of the current historical events we’ve gone through, they might prove to be relevant reading materials for 2023 and beyond. Beginners who decide to get into real estate investing won’t have a hard time navigating it, even under the prevailing global economic conditions.
Here are some of the best real estate investing books that have been recently published but have great potential for becoming timeless classics themselves:
1. Short-Term Rental, Long-Term Wealth
By Avery Carl
Have you ever wondered why Airbnb rentals and other similar properties are doing exceptionally well even under the pandemic? That’s because there’s money in vacation rental properties. Everything you need to know about wealth-building in the short-term rental market is in Short-Term Rental, Long-Term Wealth.
Author Avery Carl perfectly summarizes how wealth building is done with vacation rentals in this book. He discusses the following:
- How to analyze potential short-term rental properties
- How to effectively manage your listings on short-term rental platforms
- Manage a vacation rental using only your smartphone
- Use your vacation rental income to scale your portfolio
If you’ve ever wondered why short-term rentals are one of the best investment strategies today, Carl gives you the answers with this book. The things and principles discussed in Short-Term Rental, Long-Term Wealth will help you navigate this season as we enter the post-pandemic new normal in 2023.
2. Airbnb Short Term Rental Investing Bible
By Jonathan Smart
If you’re looking for a good Airbnb book out there today, you’ll find Jonathan Smart’s book one of the best in recent history. Smart not only gives you one but five books in one edition.
Beginners and seasoned investors who want to start an Airbnb business today or in 2023 will find Airbnb Short Term Rental Investing Bible truly helpful and inspiring. You will learn:
- Different tips and tricks for running a successful vacation rental business
- Secrets of negotiating deals and accelerating your vacation rental property
- Growing your real estate portfolio and secret home hacks
- Airbnb tax secrets and asset protection
- Advanced strategies to enhance your Airbnb business
When we say Smart’s book is packed, we mean it. There’s so much useful information and knowledge to be unpacked from it that it might get overwhelming at first. The secret is to take it on one page at a time, and you’ll be well on your way to building a successful Airbnb empire in 2023.
3. Real Estate Crowdfunding Secrets
By Rossie Stangle
Because the pandemic somehow affected investing in physical properties, many investors decided to go with certain alternative investment vehicles. One of the best options was (and still is) real estate crowdfunding.
Real estate crowdfunding is much easier to get into than actual physical property acquisition. Many beginners got their start in real estate investing through crowdfunding. Rossie Stangle’s Real Estate Crowdfund Secrets will give you a deeper understanding of this alternative investment vehicle and discusses things like:
- Real estate crowdfunding tips for both investors and sponsors
- The state of the growing crowdfunding industry
- What industry leaders have to say about crowdfunding
- The future of real estate crowdfunding going beyond 2022 and 2023
We recommend checking out Stangle’s book to better understand the growing industry that is real estate crowdfunding. An alternative option to traditional and vacation rental investments will give you an upper hand in the 2023 market and even further into the future. The best investors will consider all possible options for the best outcome for them.
4. Real Estate Investing for Beginners
By U.P. Publications
One of the best books for beginners in real estate investing is this book from U.P. Publications. We highly recommend Real Estate Investing for Beginners as it is geared towards beginners in 2023 who are sick and tired of the humdrum of life of struggling to make ends meet.
The secrets of building wealth using real estate are discussed in the book, along with:
- The truth about real estate taxes
- How the wealthy use the same tools to build wealth in a different way
- How to build the “dream” team for real estate investing
- Detrimental mistakes to avoid in real estate investing
- How to negotiate the best possible real estate deals.
Life in 2022 is hard and with the way things are going now, it’s not going to get any easier in 2023. Investing in real estate doesn’t necessarily require you to be wealthy. You just need access to the best tools and sources of information. Luckily, Real Estate Investing for Beginners has them all so that you can get the right start in your investing journey today and in 2023.
5. House Fire
By Alan Corey
Life is a long-term event that takes you through several ups and downs. Most people go through it the same way: work until you can no longer work and hopefully retire comfortably with what you make. However, not everyone gets to retire comfortably and live the best possible post-career life.
Alan Corey shows us in House Fire how to be financially independent and retire early so you can have the best and fullest life possible. The things discussed in Corey’s book include:
- Tips on financial independence with real estate investing
- Diversifying other investments into real estate
- Overcoming analysis paralysis and having total control over your time and money
Corey guides your hand through the process of planning financially for your retirement, which makes his book one of the best to have going into 2023. The best time to prepare for your retirement was yesterday. The next best time is today.
What’s Next?
The attractiveness of the real estate market is the amount of information and advice you can acquire from different sources. It includes hundreds of books to guide you on all the different aspects of real estate investing.
We’ve given you recommendations of what we believe are the best books out there in the market today that will dramatically improve your real estate investing game.
If real estate investing books aren’t your thing, make sure to check out Mashvisor’s blogs and guides on real estate investing. While our blogs might not be as comprehensive as some of the real estate investing books out there, they can definitely add great value to your investment and provide you with free advice to get you started in real estate investing.
Mashvisor also gives you access to a massive and regularly updated database, as well as the best investing tools that allow you to make accurate projections on return on investment. It also makes the search for the best and most profitable investment properties a lot easier and faster.
To get access to our real estate investment tools, click here to sign up for a 7-day free trial of Mashvisor today, followed by 15% off for life.
