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TOP 10 real estate investing books for starters

It is always an excellent choice to read books to improve your knowledge. If you're thinking about investing in real estate, these books will help you understand it better. This is a list of 10 best books about it. Consider reading this article to pick one and get closer to your new source of income.

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The best real estate investing books: start learning today!

If you’re looking to succeed in real estate, it’s essential to learn from the experts. However, many of these experts may be too busy or charge high consulting fees, leaving you with limited options.

Fortunately, reading real estate investing books written by these experts can offer valuable insights into their principles and strategies for successful investing. By reading about how they manage financing, property management, rehab and construction, legal matters, and deal analysis, you can learn from their experiences and expertise.

However, choosing a suitable book or books can be frustrating, especially if you select a text that’s too advanced for your level of knowledge. To help you get started, we’ve compiled a list of the top ten real estate books for beginners. Check it out and start learning from the best!

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10 essential real estate books for investors

We’ve compiled a list of ten of the best real estate investing books for beginners, which is in no particular order. We encourage you to choose any book from the list and start reading. However, it’s crucial to read them!

1) “Investing in Rental Properties for Beginners: Buy Low, Rent High”

If you’re searching for a low-stress investment option, rental properties may be the way to go, according to author Lisa Phillips. You don’t need to start with high-priced properties either; with as little as $30,000, you can begin building your wealth. By acquiring affordable properties, you can generate consistent cash flow through rent.

Lisa specializes in helping African American professionals develop their real estate portfolios. Many of her clients are first-generation college graduates and first-generation white-collar workers. Lisa has helped over 550 people establish a solid income through real estate investing.

2) “Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not”

Although not exclusively about investing in real estate, Robert Kiyosaki’s book offers valuable insights into personal finance and general investment principles. This knowledge can be applied throughout your investing journey, making it a valuable read.

The book focuses on developing a wealth mindset, which is crucial in building a portfolio that generates passive income and allows you to achieve financial freedom. Reading more real estate investing books for beginners can bring you closer to this goal.

3) “Building Wealth One House at a Time: Making it Big on Little Deals”

Real estate investor and author John Schaub provides you with over 40 years of landlording and house flipping knowledge in this book.

Schaub emphasizes that successful real estate investing isn’t about finding complex deals that promise high returns in a short amount of time. Instead, it’s about keeping it simple, sticking to the fundamentals, and building from there.

The book covers various aspects of real estate investing, including finding, financing, renting, and selling properties. It also highlights how to make small real estate deals like small multi-units and single-family houses, which is an excellent starting point if you don’t have a lot of cash.

4) “The Intelligent REIT Investor: How to Build Wealth With Real Estate Investment Trusts”

Real Estate Investment Trusts (REITs) are an excellent investment option that enables you to participate in real estate investments without owning any property or having significant capital. REITs are particularly beneficial for investors seeking dividends, which are paid out quarterly or monthly. They can also be used in a capital appreciation strategy and are highly liquid assets.

However, as momma used to say, “test the waters before you dive headfirst.” To gain a better understanding of REITs, read the book by authors Stephanie Krewson-Kelly and R. Brad Thomas. This book can help you make informed investment decisions and avoid potential pitfalls.

5) “Recession-Proof Real Estate Investing”

As you’ve made it halfway through our list of the best real estate investing books for beginners, it’s time to discuss what to do when things go wrong in the real estate market. While people may talk about potential risks, nobody could have predicted the significant impact the pandemic had on the economic outlook. Investors who seek deals that offer protection against depreciation have an advantage in such uncertain times.

Despite being written in the aftermath of the 2008 Real Estate Bubble, J. Scott’s book remains relevant today. Its principles are timeless and offer a broad perspective on economic cycles, making it a valuable resource for investors seeking to navigate uncertain market conditions.

6) “How a Second Home Can Be Your Best Investment: New, Tax-Free Methods for Using a Vacation Home for Recreation, Retirement… AND Investment!”

Although it has a lengthy subtitle, this book is undoubtedly worth reading. After all, who wouldn’t want a tax-free way to own a vacation home?

Real estate columnist Tom Kelly and chief economist John Tuccillo authored this book, which features dozens of strategies for finding a property that will eventually pay for itself. The book shares success stories from second-home buyers and highlights often overlooked financing options. Additionally, it offers valuable tips on saving thousands of dollars through exchanges and exemptions.

7) “Who Moved My Cheese?: An Amazing Way to Deal with Change in Your Work and in Your Life”

In addition to “Rich Dad Poor Dad,” this book is a classic in the broader business motivational category. Author Spencer Johnson imparts valuable lessons in adaptability and openness to change, which are highly relevant in the world of real estate investing.

Real estate investing often involves a significant amount of pressure, leading people to make financial mistakes. This business fable can help you put things in perspective during stressful situations and make better decisions. The book is entertaining and provides a fun story to help you learn.

8) “The Millionaire Real Estate Investor”

Learning from the experience of one successful investor is beneficial, but learning from 100 of the most successful real estate investors is even better.

In this book, author Gary Keller presents valuable insights gained from studying these successful investors. He also sheds light on how millionaire investors think, and his easy-to-read language makes this book accessible to both beginner and experienced investors. Keller dispels myths about the real estate business and establishes critical principles for making the best investment decisions.

9) “The Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties”

Author J. Scott delivers another excellent book on real estate investing, this time focusing on a more active approach. If you’re looking to become a hands-on investor, this book is a must-read.

The book provides a detailed blueprint for financing, renovating, and flipping real estate in any phase of the economic cycle. It caters to a broad audience, from seasoned investors to those new to the business, and offers valuable insights to help you build a profitable house flipping business. Whether you’re a beginner or an experienced investor, this book provides a wealth of knowledge on real estate investing.

10) “The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss”

The final book on our list of real estate investing books for starters is a real gem. With over 26 years of senior-level experience in property management and development, author Ken McElroy has a wealth of knowledge to offer. His ability to spot opportunities where most investors miss makes this book a must-read.

McElroy provides valuable insights into property management and is ideal for those looking to learn how to earn cash flow and negotiate deals. The book offers a better understanding of how to evaluate a property based on its price, condition, and neighborhood.

If you need help planning your finances to start investing in real estate, there are a few easy steps you can take. To learn more about finances, visit The Credit Stacker and learn seven easy steps for getting started. Read on for more information.

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