Real estate investing is a great way to build wealth, but it is also easy to get in over your head and lose money. Real estate investing is also complicated since there are a variety of ways to invest in real estate.
There are lots of books out there that promise to help you succeed in real estate. Still, many of them don’t include the practical advice you need to avoid common mistakes or provide actionable guidance on making money.
Rich Dad Poor Dad is one of the most influential books ever written on investing. The book is narrated as a story of growing up with two dads – the poor dad (his birth father) and the rich dad (his best friend’s wealthy father).The poor dad works a full-time job and makes enough money to live on but never invests in assets.
Building Wealth One House at a Time by John Schaub
If you want to buy your first property, Building Wealth One House at a Time is the best real estate book for beginners. John Schaub walks through how he started with nothing and built an entire portfolio of rental properties. When other investors were buying stocks, Schaub was building up his net worth through real estate.
The Book on Investing in Real Estate with No (and Low) Money Down by Brandon Turner
Real estate investing is about more than buying a house. Often having the money to buy your first property is the barrier to getting started.Brandon Turner, a best-selling real estate author, and media personality walks you through best practices for using other people’s money to get started investing in real estate!
This real estate book is the best estimating resource for rehabbers. This book will teach you the fundamentals with J Scott, a seasoned house flipper, who will guide you through the essentials of getting started.