Because real estate satisfies one of humanities most ancient need of housing, it is one of the most stable and lucrative markets you can venture into. Before investing in any market, it is important to know the territory and one great way to acquaint yourself with the market is to read some of the finest books on real estate for beginners. Whether you intend to focus on fix and flip, rentals or raw land, there is a real estate book for suited to your situation.
Table of Contents
HOW TO INVEST IN REAL ESTATE, THE ULTIMATE BEGINNERS GUIDE TO GETTING STARTED by BRANDON TURNER and JOSHUA DORKIN
This is a great real estate book when starting out. Brandon Turner, as one of the most successful real estate investors has penned a number of helpful books on real estate over the years. This books provides detailed insight into the real estate market as well as pragmatic strategies to produce profitable outcomes. It includes encouraging life stories from real estate investors from which you can learn, borrowing from their immense wealth of experience to get your started as well as minimize the mistakes you are bound to make on your own journey. As such, this book is incredible foundation upon which to build practicable knowledge.
THE ABCs of REAL ESTATE INVESTING: THE SECRETES OF FINDING HIDDEN PROFITS, MOST INVERSTORS MISS by KEN McELROY
This is one of the best introductory books when first venturing into the real estate market and has the added advantage of guiding you on property management and evaluations. It will familiarize you with various strategies on how to negotiate deals as well as increasing the value of your property and ensuring the best return on your investment. This book is great at instructing you on the essentials of real estate investing and the generation of wealth as well as a steady passive income.
THE BOOK ON INVESTING IN REAL ESTATE WITH NO (AND LOW) MONEY. REAL LIFE STRATEGIES FOR INVESTING IN REAL ESTATE USING OTHER PEOPLE’S MONEY by BRANDON TURNER.
One of the greatest misconceptions in real estate is that one must have a lot of money in order to invest in it successfully. This masterwork by Brandon Turner however, manages to dispel this idea and is ideal read for the beginner in real estate. In this book, Brandon Turner clears a way for the beginner on how to go about investing in real estate with little to no capital to do so going on to richly illustrate a number of financing strategies you can take on board as a novice, allowing you succeed in the market.
WHAT THE RICH TEACH THEIR KIDS ABOUT MONEY THAT THE POOR AND MIDDLE CLASS DO NOT by ROBERT KIYOSAKI.
With real estate at its core, this book is arguably one of the best personal finance books of all time and is an among the best reads for a beginner in real estate. Having sold millions of copies and been translated into many languages worldwide, this book, which is in the RICH DAD POOR DAD series, will properly teach you how to detect your assets and liabilities, properly invest in real estate and generate incredible revenue for yourself in the long run. Robert Kiyosaki in this book gives lessons to the reader through various insights he had growing up with his father (Poor Dad) and his best friend’s father (Rich Dad). A major theme in this book is the difference between working hard and working smart, as well as how to get your money to work for you effectively. Read in partnership with RICH DAD’S CASH FLOW QUADRANT, RICH DAD’S GUIDE TO FINANCIAL FREEDOM and RICH DAD’S GUIDE TO INVESTING, WHAT THE RICH INVEST IN, THAT THE POOR AND MIDDLE CLASS DO NOT, this trio can enhance your financial literacy, giving you a one up once you enter the real estate market.
THE MILLIONAIRE REAL ESTATE INVESTOR by GARY KELLER
By dispelling misconceptions that hover around the real estate market, this book is a powerful eye opener. Compiled through interviews with 100 prosperous real estate investors, this book makes it onto this list of the best introductory reads for the beginner in real estate as it extracts the archetypal mind-set of a successful real estate investor and transmits it seamlessly into that of the novice through actionable steps that result in confident action in the real estate market.
THE BOOK ON RENTAL PROPERTY INVESTING. HOW TO CREATE WEALTH WITH INTELLIGENT BUY AND HOLD REAL ESTATE INVESTING. by BRANDON TURNER
If your main interest as a novice in real estate is rental property, this book by Brandon Turner likely the best out there. The book will reduce your learning curve, enabling you to achieve your real estate goals on time by highlighting the many mistakes real estate investors make when investing in the rental market. This book will teach you a number of strategies on financing rental properties, and extracting good deals from the market.
REAL ESTATE INVESTING GONE BAD. TRUE STORIES OF WHAT NOT TO DO WHEN INVESTING IN REAL ESTATE AND FLIPPING HOUSES, BY PAUL PUSTREJOVSKY
Even though, real estate is an incredibly lucrative market, it also come with its own risks. Being arguably one of the best reads for beginners on what not to do in the real estate market, this book highlights the pitfalls of real estate investing and is naturally worth a read. It satisfactorily discusses the true life stories of other real estate market investors and for a beginner, it offers a wealth of information on things to avoid in the market.
WHEN YOU READ, YOU LEAD
A solid backing in the theory of real estate gained from the best real estate books for beginners will go a long way in helping you structure the real estate market and navigate it more efficiently enabling you to obtain a steady passive income and a profitable return on investment.