Written by Emily Koelsch for EZLandlordForms
Whether you’re just getting started as a real estate investor or are a seasoned investor with a thriving portfolio, it’s part of the investor job description to always be learning. Real estate markets and trends are constantly changing, and the best investors appreciate that learning is simply a part of real estate. Here is a run-through of our top 10 real estate investing books in 2024.
Hands-on experience and working with other Landlords is an important part of developing as an investor, but it’s important to couple this experiential learning with reading and some intentional professional development.
There are lots of real estate investing books out there to help you do this, but with so many resources available it can be hard to know where to start. Here are 10 of our favorites that we recommend you add to your reading list this year.
Written by investor and BiggerPockets.com VP of growth Brandon Turner, The Book on Rental Property Investing provides readers with a guide to using real estate investments to generate cash flow.
One feature we really like about this book is that it also outlines the biggest mistakes rental property investors make and provides tips for avoiding them. We’re all about learning from mistakes, but it’s awfully nice to get the chance to learn from the mistakes of others.
This is a good read for an introduction to investing and to get relevant tips that you can put into action right away.
Get Your Copy: The Book on Rental Property Investing
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This book is a must-read for investors that are new to real estate. It provides readers with a good overview of important investing skills – like finding properties, negotiating deals, and getting the most out of property management tools. If you’re interested in getting into real estate to generate cash flow and build long-term wealth, read this book before getting started.
Get Your Copy: The ABCs of Real Estate Investing
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Written by Landlord Academy founder Bryan Chavis, Buy It, Rent It, Profit! is a good read for investors interested in acquiring multi-family properties. Chavis provides a step-by-step guide for readers to locate, purchase, and manage rental properties. It covers nitty-gritty details and big-picture strategy. For investors focusing on a buy-hold strategy or those looking to expand their portfolio, this is a helpful read.
Get Your Copy: Buy It, Rent It, Profit
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Michael Zuber is a real estate investor who built a real estate portfolio one rental at a time. His goal is to help others start investing with the goal of acquiring four rental properties. His premise is that having at least 4 rentals will change an investor’s financial life in profound ways, and he wants to help others get to this goal.
Think of this book as a mentoring session with an experienced investor. You’ll get practical tips and the encouragement you need to get started.
Get Your Copy: One Rental at a Time
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Mark Ferguson is a successful entrepreneur and real estate investor. In Build a Rental Property Empire, he offers a guide for both new and more experienced Landlords. The book offers real-world advice and helpful case studies. This is a good read for both the buy/hold investor and the investor looking to flip properties.
Get Your Copy: Build a Rental Property Empire
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This is a long-time classic that has been updated with new information and case studies to keep up with changing markets and real estate trends. It covers some essential premises of real estate investing and offers relevant advice about evaluating new opportunities and long-term profitability. Written by a Columbia professor, What Every Real Estate Investor Needs to Know About Cash Flow helps any investor “crunch numbers like a pro” to make good long-term investing decisions.
Get Your Copy: What Every Real Estate Investor Needs to Know About Cash Flow
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In The Millionaire Real Estate Investor, Gary Keller collects wisdom from over 100 millionaire real estate investors. Think of this book as an overall guide to how to build wealth through real estate. Because it includes such a broad range of investors, it offers many different perspectives and a comprehensive look at strategic real estate investing. And, while it’s told largely from the perspective of millionaires, you don’t have to be a millionaire to benefit from it.
Get Your Copy: The Millionaire Real Estate Investor
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One of the keys to good real estate investing is finding ways to get properties at a discount. One way to do this is to buy a fixer-upper. However, this requires some unique skills, as it’s necessary to accurately evaluate the cost of fixing up, restoring, and maintaining your investment properties.
The Book on Estimating Rehab Cost helps investors make good decisions about fixer-uppers, breaks the process of estimating costs down into manageable chunks, and offers checklists to guide investors through the process.
Get Your Copy: The Book on Estimating Rehab Costs
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Another way to buy a property at a discount is to buy in up-and-coming locations. If you can find emerging areas or areas with lots of construction, you can often get a deal on a property that will have above-average appreciation and rent increases in the years ahead.
That said, finding those markets is easier said than done. In Emerging Real Estate Markets, David Lindahl provides practical tips on how to look for and find areas that are on the rise.
Get Your Copy: Emerging Real Estate Markets
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Investors that are interested in flipping houses – as opposed to a buy, rent, and hold approach to real estate – should definitely read The Book on Flipping Houses. Written by professional flipper J Scott, it provides a step-by-step approach to house flipping, covering everything from evaluating potential markets to listing the finished product for sale.
Get Your Copy: The Book on Flipping Houses
There are several real estate investing books on the market, and each one offers its unique perspective on the industry. If you’re looking to invest in real estate, it’s important to read up on the subject so you can make informed decisions. What are the key things you learned from reading real estate investing books? Here are three tips to get you started.
1. You don’t need a lot of money to get started in real estate investing
2. Location is key when it comes to real estate investing
3. There are many different ways to invest in real estate
4. Real estate investing can be a very lucrative endeavor
5. Always do your research before making any investment decisions
Being a landlord or rental property owner can be a great way to earn some extra income. However, it’s not always easy. You have to deal with tenants, repairs, and all sorts of other issues. That’s where real estate investing books come in. They can help you learn about the ins and outs of the business, from finding the right property to managing it effectively. In addition, they can provide valuable insights into the real estate market, which can help you make better decisions about your investment. So if you’re looking to become a better landlord or rental property owner, don’t forget to give real estate investing books a try.
Once you’re ready to start buying – or continuing buying – investment properties, we’ve got everything you need to get the most out of your rental units. Visit ezLandlordforms.com to use our Free Rental Application, comprehensive Tenant Screening Service, state-specific Lease Agreement, and library of property management forms.
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