Real estate investing is a long and a costly process which involves many careful steps. These days many books are available in the market which gives an insight about investment in real estate market. So, why not to learn from these books, after all nearly every legendary investor finds books as their best companions and teachers.
So, if you are on board with reading as a core activity to learn and grow, here is a list of 5 real estate books only for you:
- The Unofficial Guide to Real Estate Investing By Spencer Strauss
As the title suggests, this book covers the whole value chain of real estate investing, right from buying your first property, avoiding pitfalls, managing the asset to making money out of sale.
If you have plans to start with property investment, this indeed should be your first book.
- Rich Dad Poor Dad By Robert Kiyosaki
This book reinforces the very basic tenet of investing i.e. let your money earn money rather than your time. If you think in this direction, you open windows of opportunities that can create wealth for you, in a passive manner.
After reading this book, your attitude towards money might change dramatically. One of the most striking parts of this book comes with the section which talks about the things rich teach their kids about money that the poor and middle class do not.
- Building Wealth One House at a Time By John Schaub
Many people consider John the Warren Buffett of property investing. And why not? His advice is to the point and actionable. The best part is that his insights are based on his solid four decades of experience in real estate as a property owner, investor, flipper and lender.
John has done an excellent job by sharing various strategies in real estate investing that could lead to financial independence – a dream for most of us. Do not miss this book if you have decided to make a fortune in real estate investing.
- What Every Real Estate Investor Needs to Know About Cash Flow By Frank Gallinelli
Cash is King. No investor can be successful without learning the art of managing cash flows. This book will equip you with all the fundamental information and knowledge you should have to maintain healthy cash flows. Frank has also attempted to educate you with not only the general principles and strategies needed to manage cash flows but various financing channels and deal analysis to raise your odds of striking winning deals.
Most interestingly, the book talks about the ‘four ways to make money in real estate’ and points out the 37calculations every property investor should know.
- The Magic Of Thinking Big By Schwartz David
It is yet another must-read for all real estate investors who aspire to make it large. The book motivates you to open-up your mind and embrace a different way of looking at life. It goes on to explain how human mind works and how you can use it to achieve all the success you want in your life, be it family, career or personal wellbeing.
All the above-mentioned books have a power to transform your journey as a real estate investor and as a person. All you need is to absorb the insights and make all the learnings a part of your daily life.