Many of us have read through at least a handful of books related to real estate investing in order to get inspired, learn the how-to’s, figure out better strategies, and in all, become a better real estate investor. There’s a ton of great books out there so we asked some of our expert friends just what books they recommended. Some are books over mindset while others focus on strategy.
No matter what stage you’re at in your real estate investing career, there’s always more to learn. New strategies are being discovered. New laws are taking place. New marketing tactics are being tried out.
When you stop learning, you start failing.
Think you’ve mastered your niche? What about bringing it to the next level?
Scared to branch out and try something new?
Listen to the experts who have been doing it for years and learn from their mistakes!
We’ve compiled a list, in no ranking or particular order, of recommended books for you, the real estate investor. Not actively investing yet? Don’t worry; some of these books will be great for getting started! One of the keys to success in this industry is obtaining knowledge. We learn from our peers, our achievements and mistakes, and from reading valuable books like the ones below.
The Real Estate Game is a comprehensive guide to successful real estate investment from one of the masters in the field. Drawing upon four decades of experience developing, owning, and managing properties and on almost thirty years of teaching at the Harvard Business School, William J. Poorvu offers an insider’s perspective on how to make smart decisions about real estate.
By William J. Poorvu and Jeffrey L. Cruikshank
Jack Bosch, a well-known real estate investor, shares his recommendation for us below. Learn more about Jack at http://www.jackbosch.com/.
MY LIFE & 1,000 HOUSES: Failing Forward to Financial Freedom by Mitch Stephen is an exhilarating autobiography of an amateur entrepreneur who stumbles upon the long-standing revelations of business, money, love and life while struggling to find his own financial freedom. Although his journey culminates into the purchase and sale of over 1,000 properties, make no mistake about it, this book is about falling down and getting back up.
By Mitch Stephen
Forget the old concept of retirement and the rest of the deferred-life plan–there is no need to wait and every reason not to, especially in unpredictable economic times. Whether your dream is escaping the rat race, experiencing high-end world travel, earning a monthly five-figure income with zero management, or just living more and working less, The 4-Hour Workweek is the blueprint.
By Timothy Ferriss
Matt Theriault and Shawn Polston both share their recommendations of Gary Keller books. To hear more from Matt, visit http://epicrealestate.com/.
Anyone who seeks financial wealth must first learn the fundamental truths and models that drive it. The Millionaire Real Estate Investor represents the collected wisdom and experience of over 100 millionaire investors from all walks of life who pursued financial wealth and achieved the life-changing freedom it delivers.
By Gary Keller
The Millionaire Real Estate Investor (only $1.99 on Kindle!)
Victor Maas provides his recommendations for us and mentions some great books. He’s is a real estate attorney, broker, and investor. Check him out at http://www.maaslawfirm.com/home.html or at http://www.sareia.com/.
For decades, people have turned to the story of The Richest Man in Babylon to learn the fundamentals of finance. In this new rendering by Charles Conrad, the classic tale is retold in clear, simple language for today’s readers.
By Charles Conrad
The Richest Man in Babylon (Only $0.99 on Kindle!)
To succeed in business you must learn how to recognize and avoid the Toxic Client. With useful stories everyone can relate to, Toxic Client will show you how to handle the problem customers.
By Garrett Sutton
Leading a real estate investment business can seem like a daunting task, with too few hours in the day, too many petty management issues, and constant fires that have to be put out. The E-Myth Real Estate Investor offers you a road map to create a real estate investment business that’s self-sufficient, growing, and highly profitable.
By Michael E. Gerber, Than Merrill, and Paul Esajian
Think and Grow Rich is Napoleon Hill’s masterpiece; more than just another book on making money, it is a book of distilled wisdom that guides the reader towards both acquiring wealth, and living a more fulfilled life.
Researched over twenty-five years, Napoleon Hill interviewed dozens of millionaires, and some of the richest men of all time including Andrew Carnegie and Henry Ford.
By Napoleon Hill
Both Matt Theriault and Patrick Precourt are powerhouses in the real estate investing industry. Visit Matt’s website at http://epicrealestate.com/ and check out Patrick at https://www.patrickprecourt.com/ to learn more from them!
Turning Simple Disciplines into Massive Success & Happiness
The Slight Edge is a way of thinking, a way of processing information that enables you to make the daily choices that will lead you to the success and happiness you desire. Learn why some people make dream after dream come true, while others just continue dreaming and spend their lives building dreams for someone else.
By Jeff Olson
FLIP provides a detailed, step-by-step process to analyze each investment, identify the best improvements, accurately estimate the costs and intelligently oversee the construction. It takes out all the guess work and almost all of the risk.
By Rick Villani and Clay Davis
A revised and updated edition of How to master the art of selling, which educates on how to succeed in sales, including new information on using the latest research techniques and using e-mail and online resources to generate deals more quickly and efficiently…
By Tom Hopkins
Rich Dad Poor Dad, the #1 Personal Finance book of all time, tells the story of Robert Kiyosaki and his two dads—his real father and the father of his best friend, his rich dad—and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.
By Robert Kiyosaki
Scott L Moyes, co-founder of The Smart Real Estate Investors Group of America, shares his recommendation below. For more from Scott, visit http://thesmartrei.com/
This book explains the in’s and out’s of using the EHTrust™ to safely acquire and profit from seller assisted real estate investing with minimal or no cash outlay or credit qualifying. Topics include two-party and three-party real estate transfers without new financing by assuming another’s payments without there being an alienation of title as per the lender’s “due-on-sale” clause; acquisition of unlimited numbers of properties without cash or credit (i.e., “Free” Real Estate!), thereby making money fast and safely with minimal or no cash outlay or credit…and much more.
By Bill Gatten
Amass more than $900,000 in properties in one year, without using any of your own money, or that of your investors.
Real estate investing can be an excellent way to build wealth. With its advantages of cash flow, appreciation, tax benefits, equity buildup and leveraging, real estate may be the only vehicle that can carry the average person to retirement wealth.
By Larry Loftis
Tom Wheelwright has been on our Expert Interview Show and was one of our keynote speakers for the 2015 REI Power Summit.
Tax-Free Wealth is about tax planning concepts. It’s about how to use your country’s tax laws to your benefit. In this book, Tom Wheelwright will tell you how the tax laws work. And how they are designed to reduce your taxes, not to increase your taxes. Once you understand this basic principle, you no longer need to be afraid of the tax laws.
By Tom Wheelwright