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Investing 101 Education

The Top 11 Real Estate Investment Books You Absolutely Must Read

As a new or experienced real estate investor, it only makes sense that you’d want to educate yourself as much as possible. There are many different real estate investment books to choose from, but the eleven books listed below stand out as book you absolutely must read.

1. The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss, by Ken McElroy

Whether you’re just starting out in real estate investing or a veteran of the field, it always helps to have a handy guide to turn to when you need a bit of guidance. What Ken McElroy does in this book is expertly break down the many concepts that are relevant to this specific industry. In order to become fluent in the language of real estate, you must first learn your ABCs, and that’s precisely what this work is about.

2. The Passive Income Guide: What is Your Return on Life, by John Larson

This easy read by our own John Larson is a simple step-by-step breakdown on what your best bets are to generate passive income in real estate today. With a foreword by Keith Weinhold of Get Rich Education, this is a book you can’t afford to miss.

3. Rich Dad Poor Dad: What the Rich Teach Their Kids about the Money That the Poor and Middle Class Do Not, by Robert Kiyosaki

It’s impossible to compile a list of the best real estate investment books without including this gem from Robert Kiyosaki. He goes into great detail about how two men greatly influenced his attitude and perspective on money. The book is not entirely focused on real estate, but it will provide useful tips all the same. What’s even better is that the recently released updated version contains more pointers that are specific to the financial realities of this modern age.

4. How to Invest in Real Estate for Beginners, by Tony Copperfield

Moving from one career and then transitioning into real estate is not going to be easy, but it can be done if you have a good grasp on what to do when you’re just starting out. Tony Copperfield’s detailed work is unafraid to break things down to the simplest terms so that readers are able to understand everything they must. Also covered in the book are the common pitfalls that can victimize beginners in the industry. Read this work to figure out how to expertly avoid those mistakes.

5. What Every Real Estate Investor Needs to Know about Cash Flow and 36 Other Key Financial Measures, by Frank Gallinelli

Even if you’re able to understand the more complex aspects of real estate investing, that knowledge won’t be enough to propel you to the top. Managing your cash flow correctly is just as crucial to your success. This book from Frank Gallinelli is all about teaching readers what they need to know about operating incomes, capitalization rates, and numerous other essential financial terms. For this updated version, Gallinelli has also included new case studies for you to examine and learn from.

6. The Book on Tax Strategies for the Savvy Real Estate Investor: Powerful Tips Anyone Can Use to Deduct More, Invest Smarter, and Pay Far Less to the IRS, by Amanda Han and Matthew MacFarland

Unsurprisingly, the tax-related matters you need to deal with in real estate can become complex very quickly. If you don’t stay on top of them, they can become your personal nightmare. What this joint work from Amanda Han and Matthew MacFarland aims to do is to provide you with a handy guide for dealing with the intricacies of real estate taxes. The tips included in this book should also help you effectively cut down on the amount of time you have to spend working on your taxes.

7. The Millionaire Real Estate Investor, by Gary Keller, Jay Papasan, and Dave Jenks

Experience, as they say, is the best teacher. In this collaborative effort by Gary Keller and Jay Papasan of the real estate franchise Keller Williams as well as Dave Jenks of Free Enterprise Warriors, readers can learn more about the experiences in real estate by over 100 millionaire investors. Create your own investing guidelines based on the lessons provided by the people featured in this book in order to boost your chances for success.

8. The Book on Rental Property Investing: How to Create Wealth and Passive Income Through Smart Buy & Hold Real Estate Investing, by Brandon Turner

Are you more interested in rental properties? Do you want to know how to manage them most effectively? This book written by Brandon Turner sheds a light on how investors should handle their rental offerings. It contains specific pointers for better financing and it applies to all kinds of investors. You’ll also be given a variety of detailed investing strategies that you can try out yourself.

9. The Book on Estimating Rehab Costs: The Investor’s Guide to Defining Your Renovation Plan, Building Your Budget, and Knowing Exactly How Much It All Costs, by J Scott

Fixing up and flipping houses has become a cottage industry unto itself. If you’ve always been curious about what flipping houses entails, then it will be well worth your time to check out this work from J Scott. The book gets into how you need to approach potential properties to flip. It will provide you with guidelines to follow as you check the properties. After reading this book, you should be able to quickly tell if a specific property is worth your time and money.

10. Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties, by David Greene

As you might have already heard, the most important things in real estate are location, location, and location. So, what should you do if you live somewhere with a market not suitable for investing in at the moment? Investing in a property located elsewhere is still an option. This book from David Greene shows you how to succeed with your out-of-state investments. The lessons from this book should also make it easier for you to determine which specific markets are worth investing in moving forward.

11. Financial Freedom with Real Estate Investing: The Blueprint to Quitting Your Job with Real Estate – Even Without Experience or Cash, by Michael Blank

The allure of real estate investing is hard to resist. If you want to do it right even without a ton of experience and money, you will need some great tips. Michael Blank helps readers by offering pointers that will be very useful once it’s time to negotiate a deal. The author also provides tips for raising funds if you need some extra cash. You’ll also gain valuable insight into apartment building investing from this book.

Reading these eleven books—or at least some of them—will go a long way toward giving you the inside information you need to really excel at real estate investing. And, if you have any lingering questions about how to get started in real estate investing, you can always reach out to us. We’re here to answer any questions you have!