Real estate investing is one of the best sources of passive income, but entering this world may seem complicated and intimidating.
Fortunately, many have come before you and have generously shared their tips, tricks, and techniques for thriving in any market.
Whether you’re a brand-new investor or have been flipping houses and holding rental properties for decades, there are always opportunities to learn more from the success of others.
Let’s take a look at the eight books every real estate investor should read—from industry classics to breakthrough successes.
Get Started with Park Place Finance1. The Book on Rental Property Investing: How To Create Wealth With Intelligent Buy & Hold Real Estate Investing
Author Brandon Turner is an active real estate investor with hundreds of rental units and dozens of rehabs in his history.
In his books, he shares specific strategies for investors to use, creative tips and ideas for finding deals in even the most challenging markets, and reasons why other investors fail.
Readers praise “The Book on Rental Property Investing” for sharing straightforward, detailed steps on how to find success as an investor while also keeping it simple enough for beginners to grasp.
2. The Millionaire Real Estate Investor
Gary Keller’s guide to real estate investing is considered an industry classic, with big-picture advice for harnessing a millionaire mindset and developing the skills necessary to identify solid deals.
Keller provides credibility as a self-made multimillionaire who has followed the advice he offers to eager readers.
The book’s glowing reviews highlight its eye-opening concepts — which many are able to confidently say helped them build their own wealth.
3. Financial Freedom With Real Estate Investing: The Blueprint to Quitting Your Job With Real Estate — Even Without Experience or Cash
On the heels of the “Great Resignation,” Michael Blank’s 2018 book is more relevant than ever for those looking to pave their own way in the world and build their own fortunes.
Blank is considered an “expert on apartment building investing for regular people,” with control of over $300 million in multifamily assets all over the country.
In this book, he shares his own struggles and successes and offers a step-by-step guide to purchasing multifamily properties and becoming financially free within three to five years.
4. The Book on Flipping Houses: How To Buy, Rehab, and Resell Residential Properties
House flippers, this one’s for you.
In “The Book on Flipping Houses,” expert fix-and-flipper J. Scott shares his advice for succeeding with your next project, including how to quickly evaluate a deal’s profitability and identify the best locations.
Readers enjoy Scott’s engaging writing style and thorough information on each step of the flipping process.
5. The Book on Tax Strategies for the Savvy Real Estate Investor
Any self-employed individual or business owner understands how complicated taxes can be to navigate.
When you enter the world of real estate investing, it’s crucial to understand how to maximize deductions and protect yourself from an IRS audit.
In this book of tax strategies and techniques, CPAs Amanda Han and Matthew MacFarland lay out their investor-specific tax strategy to help you save thousands of dollars.
Readers say the advice is simple to understand yet can help both new and seasoned investors navigate the complexities of tax season.
6. The Book on Managing Rental Properties: Find, Screen, and Manage Tenants With Fewer Headaches and Maximum Profits
In another highly rated guide by Brandon Turner — joined this time by his wife, Heather — the authors highlight the importance of managing your properties in a drama-free, profits-driven way.
The book contains advice on how to attract the best tenants, which types of tenants to avoid, the best methods for bookkeeping, and more.
The Turners use personal stories of their challenges and successes to help investors solve and avoid major mistakes along the way.
One top Amazon reviewer said the book contains “everything you could need to be successful as a landlord” — whether you’re starting out or have many properties under your belt.
7. Real Estate Investing QuickStart Guide: The Simplified Beginner’s Guide to Successfully Securing Financing, Closing Your First Deal, and Building Wealth Through Real Estate
Investor Symon He’s guide is the only one on the list that came out during the COVID-19 pandemic, so it has some additional insights that take into account this unusual period of time in the market.
This book is targeted at helping beginner real estate investors avoid “rookie mistakes” and recognize rich opportunities.
Readers praise the author for his talent at simplifying complex topics and providing step-by-step instructions on what to expect and what to do.
8. The Wise Investor: A Modern Parable About Creating Financial Freedom and Living Your Best Life
“The Wise Investor” has captivated readers by weaving strong storytelling with resources and information about real estate investing.
Author Rich Fettke tells the story of Ryan Brooks, who finds a different path to financial security for himself and his family than the current corporate path he is on.
The book is meant to inspire readers to overcome their fears and find the courage to live life on their own terms — with the help of real estate investments.
Park Place Finance: Your real estate investment partner
As you find the confidence and inspiration to begin or continue your real estate investing journey, you need the right lending partner by your side.
Park Place Finance is a direct hard money lender with in-house capital. We have helped investors across the nation achieve their dreams throughout 17 years in business and over $1 billion in loans funded.
We offer the following loan products:
- Fix-and-flip loans
- Ground-up construction loans
- Debt service coverage ratio (DSCR) loans
- Bridge loans
Hard money loans are the perfect solution for investors due to their flexible requirements and fast closings.
When you choose to work with Park Place Finance, you can rest assured that a team of real people will be dedicated to funding your deal as quickly as possible.
Submit your loan scenario to start investing or give us a call at 866-407-1599 to speak with our team right now.
Get Started with Park Place FinancePhoto by nappy