Real estate investing has been credited to turn many investors into millionaires. While it’s not a get-rich-quick scheme, real estate has many advantages for investors, such as appreciation, cash flow, tax benefits, and many others.
With traditional forms of real estate investing, you simply have to buy or build an apartment and find tenants for the units. You can even use one of the units as your primary residence to make property management responsibilities easier.
With real estate wholesaling, you find a distressed property owner selling their property, find a willing buyer, and put the property under contract. It may sound like a straightforward process on paper, but it’s not easy.
This is why we’ve compiled a list of the best books on wholesaling real estate to help you get started with real estate wholesaling. We’ve listed the wholesale real estate books in no particular order.
The Real Estate Wholesaling Bible: The Fastest, Easiest Way to Get Started in Real Estate Investing
By Than Merrill
One of the best ways to get started is by reading wholesaling real estate books written by someone who’s been in the game for a while. Than Merrill is a perfect embodiment of a seasoned real estate investor. As the founder of FortuneBuilders.com and CT Homes, LLC, Than has completed well over 1000 real estate transactions.
In this book, Than explains real estate wholesaling in a way that helps you minimize risk and leverage the profit potential. It explains how you can take advantage of this even when the market is not at its best.
This book explains to you a wholesaling business model so that you can understand how to find and analyze wholesaling deals. It also shows you how to develop systems to guide your thriving business.
The real estate wholesaling bible is valuable because it not only shows you the process of real estate investing but also shows you how to create a successful business from your investments.
The Wholesaling Blueprint: Real Estate Investing With No Money out of Your Pocket
By Luke Weber
This book won the 2021 Silver Medal for Readers’ Favorite in Non-Fiction Business/Finance. It’s a perfect masterclass for real estate wholesaling without having to spend any money from your pocket. As such, it’s a perfect guide for how to wholesale houses for beginners without much liquidity.
The Wholesaling Blueprint is a step-by-step guide that shows you how to find and contract properties, look for buyers and close the deal. It shows you how to collect fees that can easily translate into a six-figure income.
Is this book any different from other wholesale real estate books?
The guide also includes negotiations, contracts, and simply just everything you need to know about the wholesaling business.
Luke Weber further gives you an idea of what his business looks like on a daily basis and the methods that have worked for him over the years, so that you can pick a few pointers and use them in your business.
If You Can’t Wholesale After This: I’ve Got Nothing For You…
By Todd M. Fleming
What does a book with such a title tell you? That the author is so confident in his ability to help you jumpstart your wholesaling career. He is even already frustrated with you if you’re not successful after reading the book.
Todd Fleming uses this book to show you how to build a small wholesaling business and how you can use it to build financial freedom. This book is another comprehensive guide that takes you from analyzing potential property deals, finding your first wholesaling deal, to finding a willing buyer.
This book is perfect if you want to know how to build a wholesaling business from a financial freedom perspective. What makes it stand out from other wholesale real estate books?
It’s written in a way to coax those who’re tired of their 9-5 jobs to build the lifestyle they’ve always desired through real estate. Fortunately, it doesn’t assume that you have prior knowledge of the real estate business.
It shows you how to get into the game with little or no start-up capital. Fleming claims that he started wholesaling with a meager $11 in his account and built his business from there.
This book will teach you how to build a real estate investment business and how to be a business owner. In addition, it’ll change how you view money and finances.
The Art of Wholesaling Properties: How to Buy and Sell Real Estate Without Cash or Credit
By Aram Shah & Alex Virelles
Aram Shah and Alex Virelles are two of the largest wholesalers in the real estate scene. This dynamic duo has a combined track record of 1000+ homes. They’ve written this book to help wholesaling rookies follow in their footsteps.
This book is a step-by-step guide that shows you how you can apply their proven methods to build your wholesaling career. You will get all of their practical insights into using the fastest and most profitable methods to cash in on the real estate market.
The book covers the following:
- How to make offers that will get accepted
- How to find off-market properties and motivated sellers
- How to work with a real estate agent and the multiple listing service (MLS)
- How to build a team
- How to build a robust list of potential buyers
- Negotiating with sellers using proven methods
- Automating your business processes to build a better cash flow
- Exit strategies to get out of a deal when you’re locked in a contract
- How to achieve financial freedom without cash or credit
How to Become a Wholesale Millionaire
By Mark E. Lane
Mark Lane claims this book is the most detailed and in-depth how-to book of its kind. While the word “millionaire” is a bit too flashy, the author follows through and shows you how wholesaling is done, all from your computer.
In other words, this book shows you how to build an automated, remote, and internet-based wholesaling business in any real estate market.
Though getting to the million-dollar mark will take some time, the book shows you how to fasten the process by building a strong network of real estate agents, attorneys, investors, and title companies. How does this book stand out from other wholesale real estate books?
In case you’re stuck in a room with these people and don’t know what to say, the book provides you with scripts, templates, and contract samples so that you know what to say to every person you talk to. You can copy a few to avoid confusion in any situation.
No matter where you live or your business is based, this book will teach you how to build a strong wholesaling business that will have you receiving dozens of offers even without writing a pitch or proposal, and possibly become a wholesale millionaire.
Real Estate Investing for Beginners: Beginners Guide to Wholesaling Real Estate and Flipping Houses to Achieve Financial Freedom Faster
By Jonathan Smart
Like the title depicts, Jonathan Smart aims to help you achieve financial freedom quickly by explaining both real estate wholesaling and flipping houses.
For starters, wholesaling and flipping are quite similar. They’re based on the same strategy. The only difference is that flipping requires you to carry out repairs and major renovations before finding a buyer. Flipping is also capital intensive.
If you’re trying to build a wholesaling business, you may at times run into a great rental property investment opportunity. Similarly, you may find an investment chance to fix and flip. You may even be in one of the toughest real estate markets yet run into a mouthwatering deal that you’re sure will offer you a lot of profit.
This book helps you understand these real estate investment opportunities and how to overcome challenges, whether it’s renovating houses to flip or finding wholesaling deals. It’s an ideal book if you have a rental property management background. This is what makes it different from other wholesale real estate books.
The Book on Investing in Real Estate With No (and Low) Money Down: Creative Strategies for Investing in Real Estate Using Other People’s Money
By Brandon Turner
Brandon Turner is an active real estate investor and the VP of Growth at BiggerPockets.com. He doesn’t limit himself when it comes to investing. He has a broad portfolio in all types of deals, such as rentals, fix and flip, and buy and hold properties.
In this book, Turner covers everything in relation to real estate investing, from investing in rental apartments, flipping houses, to wholesaling. He also explains that there’s always something out there for potential investors even without liquidity. He shows you how you can close such deals.
The philosophy in this book is that it’s not cash that helps you close deals. Rather, it’s a positive mindset and creativity that drives your business towards success. This book teaches you how to overcome challenges and succeed in any niche of real estate investing.
How to Be a Real Estate Investor
By Phil Pustejovsky
Phil Pustejovsky is dubbed America’s most trusted and sought-after real estate investor mentor and coach. He wrote this book as a comprehensive guide of real estate wholesaling for beginners and how to succeed regardless of how much capital you have, credit score, and real estate experience.
If you’ve been in the real estate scene for a while, you understand that a successful real estate investor has to be doing more than one thing. You could be wholesaling, flipping, and renting out property all at the same time.
This book equips you with everything you need to know about real estate so that you know what to do when you come across the perfect opportunity.
It’s recommended that you know as much as you can about the real estate field. The more you know, the better. For example, if you want to be successful as a rental property seller, it’s better to know and read everything about rental properties.
The best thing is that this book is written by an investor with extensive knowledge and experience in real estate. You’ll understand how real estate works, which opportunities work best for you, and how to cultivate a winner’s mindset.
Flip: An Unconventional Guide to Becoming a Real Estate Entrepreneur and Building Your Dream Lifestyle
By Nick Ruiz
Flip explains to you how to become a real estate entrepreneur and start flipping and wholesaling without cash in the bank.
Just like most wholesale real estate books, flip shows you that you don’t need any money to start and build a successful real estate business. However, what makes it stand out is that it explains how you can get in and out quickly, and cash in through the process.
Successful wholesalers don’t hold on to properties permanently. They make money fast by getting into a deal and finding a buyer as quickly as they can.
This is exactly what the book focuses on. It doesn’t show you how to become a permanent investor in real estate. Rather, it covers how to become a successful entrepreneur and how to make profits fast.
Flip is the perfect book for you if you want to understand the wholesaling market and know how to thrive in it.
The Beginner’s Guide to Wholesaling Real Estate: A Step-by-Step System for Wholesale Real Estate Investing
By Jeff Leighton
Jeff Leighton wrote this book as a guide to wholesaling for dummies. It shows you how to invest in real estate through wholesaling, using his proven strategies.
In this step-by-step guide, you’ll get a comprehensive strategy that teaches you how to:
- Find and qualify leads
- Close your first deal
- Steel clear of common mistakes and pitfalls
- Build a successful six-figure business with no capital
While it might take some time to succeed as a wholesaler, this book will help you get through the process fast without having to do a lot of guesswork. It’s a small book of about 100 pages but it streamlines wholesaling strategies for you to be a successful investor.
Bottom Line
One common characteristic with successful real estate investors is a never-ending quest for knowledge. Everyone has to start from somewhere. However, even experienced investors find sources of inspiration from top-selling real estate books and reference wholesale real estate books once in a while.
While it might not require money to startup, wholesaling may take some time for you to learn the ropes and develop the right mindset. It might not be rocket science, but still requires a great deal of education. However, these wholesale real estate books will help you cut through the noise and learn essential strategies to become a successful wholesaler. Add the wholesale real estate books to your bookshelf and surround yourself with winning stories and mindsets.