You may have been told that investing in real estate, and investing more generally, are two ways to put your money to work for you. However, these concepts can be quite intimidating if you’re a beginner, and you might have trouble just figuring out where to start.
If you’ve ever dreamt about making a financial killing in real estate, the best thing you can do is arm yourself with knowledge. Luckily, there are plenty of investment apps, courses, and, of course, books to help you do just that.
The Best Books on Investing in Real Estate
Below are 12 of the best books about investing in real estate that can help you achieve success while flipping houses, managing rental properties, and more.
Once you’ve done your research, you may also find an online real estate course helpful as you take the next steps toward your investment dreams. Be sure to also check out our picks for the best books on investing.
1. What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli
If you tend to have more faith in numbers than ideas, this book will show you how to make all the relevant calculations you’ll need to make sound investing decisions.
Learn how to calculate cash flow, long-term gain, net operating income, and more with straightforward formulas so you can answer important questions like, “What is this building really worth today?” and “What kind of cash flow can I expect?”
2. The Book on Rental Property Investing by Brandon Turner
If you’re interested in generating passive income through real estate investing, this book offers a great introduction to everything you’ll need to know to get started (even if you’re a complete newbie).
Learn how to build an actionable plan, discover great deals, pay for your rentals, and more. The in-depth advice covers all of the most important topics without losing its comprehensibility.
3. Rich Dad Poor Dad by Robert T. Kiyosaki
Rich Dad Poor Dad is a staple as far as books about investing go, but this classic also offers a wealth of advice for real estate investors specifically. In this 20th anniversary edition, Kiyosaki reflects on what’s changed since the book was first published, and how his investment advice is as relevant as ever.
Learn how to put your money to work for you no matter how much you make, as well as how you can teach your kids how to be smart about saving and investing.
4. The Book on Flipping Houses by J. Scott
The Book on Flipping Houses prides itself with being a “no-fluff” guide to flipping houses and generating passive income through real estate investments.
You’ll get step-by-step instructions that will help you become a pro and teach you essential strategies, like how to get financing for your deals, how to find great deals from motivated sellers, how to make accurate evaluations, and more.
5. The Book on Estimating Rehab Costs by J. Scott
No, not the rehab Amy Winehouse crooned about—we’re talking about rehabbing and reselling fixer-uppers so you can build a successful side hustle through real estate investing.
Learn how to estimate the costs of your rehab projects, break down your renovation into major and minor components, and accurately price each of your renovation tasks. The methodology taught here is one that the author has personally used to complete hundreds of rehabs.
6. The Intelligent REIT Investor by Stephanie Krewson-Kelly and R. Brad Thomas
The Intelligent REIT Investor provides clear, concise guidelines for individual investors, financial planners, analysts, and anyone who prioritizes risk management when it comes to wealth-building.
Learn to understand the techniques used in REIT investing through key terminology and metrics, while also studying examples that illustrate the calculations used to evaluate great opportunities.
7. Long-Distance Real Estate Investing by David Greene
One huge benefit that often comes with generating passive income is the ability to manage it from wherever you choose. In Long-Distance Real Estate Investing, David Greene explains how you can navigate the rules, technology, and market to build wealth through real estate investing no matter where you live.
Learn how to assemble your own all-star team, rehab a project from thousands of miles away, quickly evaluate neighborhoods, and much more so you can succeed anywhere.
8. Loopholes of Real Estate by Garrett Sutton
Loopholes of Real Estate offers insight to what anyone investing in real estate would want to know about navigating tax loopholes to your benefit and closing legal loopholes for your protection.
Learn helpful legal strategies used by the rich so you can stay in the race with some of the most successful real estate investors.
9. Mastering the Art of Commercial Real Estate by Doug Marshall
Discover the common sense practices that can help you become a successful real estate investor who is able to supplement their income or even quit their day job.
This comprehensive guide will teach you how to use the 6 laws of commercial real estate investing to grow your wealth, as well as how to best manage your property to reduce risks.
10. The Turnkey Revolution by Chris Clothier
The Turnkey Revolution offers readers a low-risk, long-term strategy for buying, improving, and managing properties through a 3rd party.
Learn how to research the real estate market to find the best deals and then buy, renovate, and manage rental properties while growing your portfolio. This guide will teach you everything you need to know to take full advantage of today’s real estate revolution.
11. The Millionaire Real Estate Investor by Gary Keller
In The Millionaire Real Estate Investor, author Gary Keller provides the curated wisdom he’s collected from over 100 millionaire investors so you can use their strategies to make financial wealth and freedom a reality for you.
Learn how to identify great real estate investment opportunities, how to assemble a “dream team,” and how to use proven models favored by the experts to better understand your finances and build your network.
12. The Book on Tax Strategies by Amanda Han
Discover the best tax strategies that can help you save up to thousands each year as you invest in real estate.
Learn creative ways to maximize your deductions, the right and wrong ways to use your legal entities, easy tips to cut down on your bookkeeping time, and more.
The Best Books About Investing in Real Estate
If you’re considering an investment in real estate, it would be wise to read up on some of the best strategies used by the pros.
Pick up one of the 12 books above to learn more about real estate investing and how you can use it as a pathway to financial freedom.
Would you be interested in investing in real estate? Share your thoughts in the comments below!
If you enjoyed this post, then you might also like:
- 12 Best Investing Books for Beginners
- Online Real Estate Courses: 16 of the Best Courses for Investors
- Best Investment Apps for Beginners: Start Building Your Savings from Your Phone
- How to Invest in Stocks and Bonds like a Pro (Even If You’re a Beginner)
Latest posts by Kaelyn Barron (see all)
- Imposter Syndrome: What Is It and What Can You Do About It? - January 9, 2020
- Common Latin Roots That Can Help Expand Your Vocabulary - January 8, 2020
- Ensure vs. Insure: What’s the Difference? - January 7, 2020