7 Real Estate Investing Books to Sharpen Your Investment Skills

The internet has countless information on starting a business. It also has a lot of tutorials on writing a business plan for your company. Should you look up for anything on the World Wide Web, you can always count on search engines to look for your sources.

7 Real Estate Investing Books to Sharpen Your Investment Skills

As dominant as the internet is, books aren’t to be counted out as reliable sources of information. If you’re planning to go into real estate investment, you’ll need all the information you can get. Fake news is constantly spreading at this day and age, and relying on the internet alone isn’t advisable. Books aren’t meant to lie around on dusty bookshelves, so why not use them?

Why Read Real Estate Investment Books?

Real estate can be tough on anyone, especially for industry rookies. Before you enter this unpredictable and competitive field, you have to arm yourself with enough understanding of what to do when you enter the real estate fray.

Real estate investing is a great way to get your money working from you. However, it’s a risky gamble that can have costly consequences if you aren’t prepared and careful enough. If you want to be successful, arm yourself with knowledge. And what better way is there to gain knowledge than by reading books?

You can gain a lot by reading from experts. This will help you discern good investments from bad ones. Knowledge is a powerful asset, and it can save you from making bad decisions.

Since there are a lot of books on real estate investment, this article lists 7 good ones that you can read. Take advantage of the time you’ll be spending at home and soak up knowledge from these good reads.

The Millionaire Real Estate Investor

Building wealth means learning and understanding the concepts of financial wealth. If you don’t have a million dollars lying around for real estate investments right now, it’s okay—Gary Keller has a solution for that problem.

The Millionaire Real Estate Investor’s core ideas are based on the knowledge, experiences, and insights of over 100 millionaire real estate investors. It shares wise investment strategies while debunking several money myths. The book covers a lot of the basics in real estate investments, which is great for newbies who are learning on the fly. Save room for this motivational introductory read on your bookshelf.

What Every Real Estate Person Needs to Know About Cash Flow

Cash flow is mostly a numbers game. It can be a headache to master, especially if you aren’t gifted with accounting skills.

Frank Gallinelli comes to the rescue with his sensible book. What Every Real Estate Person Needs to Know About Cash Flow breaks down formulas and concepts and reveals fresh ideas to help you snag good investments. Gallinelli lays down some ground rules you may want to follow as you mull over interesting properties.

The book has been modified and updated to maintain relevance in modern times. It has sprinkles of humor without beating around the bush to keep readers glued to its pages.

Rich Dad Poor Dad

Robert Kiyosaki’s best-seller is quite popular in the industry. Rich Dad Poor Dad is his story of how two father figures shaped his perspectives on money and investments.

Unlike the previous two books in this list, this one doesn’t focus on the nitty gritty of real estate investing. Kiyosaki shifts gears and sheds light about the importance of investing itself. It also encourages readers to treat real-life experiences as a supplement to their investment education.

Kiyosaki’s candid approach to his writing has given readers some needed knowledge and inspiration. If you want to know how to invest and manage your money wisely, this may be the book for you.

The ABCs of Real Life Investing

Wouldn’t it be nice if someone gave a thorough breakdown of the real estate investing process? Ken McElroy has got you covered.

The ABCs of Real Life Investing helps readers brace themselves for the things they’ll encounter while learning the ropes of real estate investing. It squashes a handful of misconceptions that usually hold people back from dipping their toes into investments. Whether you’re a rookie or not, its insights are always valuable to active investors.

McElroy’s book picks up on things investors usually overlook. Learning its lessons is like being in an Easter egg hunt: the more you find, the more chances you’ll have at winning.

Long-Distance Real Estate Investing

Tradition would tell you that out-of-state real estate investments are too risky of a gamble. Why bother wasting your money on properties you can’t even visit, right?

But as times and technology evolved, this notion has been disproved. Veteran real estate investor David Green dispels this belief through Long-Distance Real Investing. Since the investment scene is quite different now, he guides readers through modern rules as they try to gain and manage properties away from their home states.

Go beyond your local real estate market and broaden your horizons to other parts of the country. This book is your partner in ensuring profitable investments anywhere.

How to Be a Real Estate Investor

If you’re having second thoughts on becoming a real estate investor, here’s something to calm you down: you don’t have to be a billionaire to pull it off. Take it from author and trusted investment coach Phil Pustejovsky.

How to Be a Real Estate Investor teaches budding investors that success isn’t built within 24 hours. Instead of focusing on capital, the book encourages readers to be more creative with their strategies to become good investors. Pustejovsky made it a point to write his insights as clearly as possible so that anyone can follow easily.

Build a Rental Property Empire

Mark Ferguson has done a lot in his many years in the real estate industry. He brings his experiences to light in Build a Rental Property Empire.

Take a look at real estate from Ferguson’s eyes as you soak up his no-nonsense advice about rental property. His takes are backed by legitimate case studies, which gives his book some credibility. It touches on topics such as property management and investment property analysis. To keep up with the times, the book’s most recent edition includes a new section dedicated to commercial real estate investment for realtors who are interested in trying their luck there.

Real estate investing is a big gamble. Before you lay all your eggs in one basket, do your share of reading first. It’s always better to be safe than sorry, especially in such a risky undertaking as this. Let these real estate books help you get started on the right path.

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