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Are you looking to dive into the world of real estate investment, but aren’t quite sure where to begin?
Investing in real estate can prove to be very lucrative. However, you need to know what you’re doing before you get started. Otherwise, you could end up losing a lot of money.
To learn the ins and outs of real estate investment, I suggest you start with some reading. Which books should you be reading?
Check out this guide to discover the best books on real estate investing.
1. Building Wealth One House at a Time (Updated Edition)
One of the best books to check out on real estate investment is Building Wealth One House at a Time, by John Schaub.
This book is jam-packed with valuable strategies on how to acquire and fund properties. It also includes a 9-step program on how to make millions in real estate without acquiring any debt.
Schaub also teaches readers how to improve their negotiation skills, avoid common and costly mistakes, finance real estate purchases, and create continuous cash flow.
2. Long-Distance Real Estate Investing
Another great book to check out is Long-Distance Real Estate Investing. Written by David Greene, this book walks you through how to set up and grow a real estate investment business from anywhere in the world.
Greene explains the system he developed to successfully renovate and turn a profit on over twenty rental properties. In addition to talking about his triumphs, Greene also walks you through his failures, which will help you avoid making the same mistakes he made early on.
In this book, you’ll also learn how to:
- Put together an all-star real estate investment team
- Speak the language of contractors, agents, property managers, and lenders
- Identify the right neighborhoods to buy property in
- Choose the best renovation materialsÂ
- Find great deals in any location
- Handle projects from thousands of miles away
Whether you’re looking to invest in property in your neighborhood or in another state, this is a great book to check out.
3. The Book on Investing in Real Estate With No (And Low) Money
One of the biggest misconceptions of real estate investment is that you need to be rich to get your foot in the door.
While starting out with a good chunk of money can certainly help your investment prospects, it doesn’t guarantee success. If you’re coming into the real estate investment game with very little money, then this is the book for you.
Written by Brandon Turner, this book presents you with a number of different strategies on how you can creatively invest in the real estate industry with little money.
4. The Millionaire Real Estate Investor
The Millionaire Real Estate Investor by Gary Keller is jam-packed with information for budding investors.
Keller collects wisdom from hundreds of different real estate investors to create a book that will help you identify investment opportunities, score great deals, and develop a stellar team.
After reading this book, you’ll know how to:
- Develop criteria for identifying great investment opportunities
- Develop your real estate investment dream team
- Build your network
- Generate leads for properties
- Get the best possible deals on your properties
This is one of the best books on real estate investment out there, so be sure to get your hands on it!
5. Retire Early With Real Estate
Do you dream of retiring before the age of 65? Do you fantasize about quitting your 9 to 5 job and living a free lifestyle?
While this may sound like a pipe dream, this is exactly what Chad Carson, the author of Retire Early With Real Estate, did at the age of 37!
Real estate investment can be the gateway to financial freedom, and Chad Carson is ready to show you how to achieve this freedom with his book. Carson provides his readers with a 5-step process to create a real estate early retirement plan.
6. Flip Your Future
As we mentioned earlier, you don’t need millions of dollars to be a successful real estate investor.
Ryan Pineda, the author of Flip Your Future, is proof of that, as he started out with just $10,000 when he first got into the real estate investment game. Not only is Pineda an accomplished author, he now runs a successful million-dollar real estate investment business.
How did he pull this off? You’ll have to read Flip Your Future to find out. In this book, Pineda walks his readers through the flipping process he used to become a successful millionaire. You’ll learn how to find rehab properties, fund them, and renovate them.
7. Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple
If you want financial freedom to seem more attainable than ever, then you need to check out this book by David M. Greene.
While most investment guides teach you how to buy new homes every few years, this book teaches you how to do it every few weeks. Greene teaches readers how to identify ideal investment properties, hone their negotiation skills, and increase the value of the properties they invest in.
Greene also includes a refinancing section in his book that will help you save thousands of dollars.
8. How to Invest in Real Estate: The Ultimate Beginner’s Guide for Getting Started
When it comes to learning the basics of real estate investment, this is one of the best books out there.
The author of the book, Brandon Turner, gives you a complete overview of the real estate investment process. While you won’t get in-depth strategies in this book, you will get thorough overviews of various investment strategies.
The Best Books on Real Estate Investing
Armed with the best books on real estate investing, you’re ready to start evaluating deals and acquiring properties. This is the fun part, where you get to become a real world real estate investor.
If need the acquire the funds to get started, then check out this guide to learn how to make six-figures.