Real estate investors disagree on many topics, but one that nearly all agree on is the necessity of investing in yourself. There are literally thousands of books out there that deal with real estate investing, and I’ve probably read most of them! The following list is the top of my top. Without further suspense, I give you my Top Books For Real Estate Investors:
The Best Books for Real Estate:
- The Unofficial Guide to Real Estate Investing by Spencer Strauss -Simply put, this book is amazing. From making a plan, buying your first property, fixing things up, managing property, to selling for premium prices – it’s all here. This book is an excellent summary of the whole process of buying an investment property.
- Rich Dad Poor Dad by Robert Kiyosaki- There may be a lot of hype and motivational talk in this book (not to mention the Rich Dad marketing machine you see everywhere), but this classic among investors contains an unbelievable amount of life-changing, thought-provoking content. Rich Dad is all about opening our minds to the possibilities of letting our money earn money, rather than our time. Kiyosaki does an excellent job of putting to words what I had been feeling in my heart for a long time.
- Rich Dad’s ABC’s of Real Estate Investing and Rich Dad’s Advanced Guide to Real Estate Investing by Ken McElroy. These are two books that work as a team to teach one huge method of investing in real estate – multifamily investing. These two are the best books on “big picture” real estate investing through apartments I’ve read. If you want to start making serious money in real estate, check these two books out. Also, these books contain the best descriptions and examples of harnessing the power of cap rates while investing in real estate.
- The Four Hour Workweek by Tim Ferriss – While not about Real Estate at all, The Four Hour Workweek is still an excellent book on living outside the “status quo” of slave, save, retire, die. It transformed the way I look at the world, retirement, money, etc. I recommend this book to almost every person in any field. Some might be turned off by Ferriss’ “personality” but I find the information and motivation invaluable.
- Landlording on AutoPilot by Mike Butler – Mike Butler’s book is hands down the best book on being a landlord for single family homes. There is so much good information in this book about dealing with tenants it is insane. If you are struggling at all with being a landlord or fearful of jumping into real estate because of the thought of being a landlord, read this book.