The new year is coming around the corner and whether you want to start the year running with a new venture or have been in the industry for years, here are a few amazing books to help you get started or increase your knowledge.
No matter the level of experience you have with real estate investing, learning is a big part of the game. Markets, people, the economy, and more change and shift and so should you! By learning constantly, and keeping up to date with what’s happening in the industry, you can maintain a successful portfolio.
Rich Dad Poor Dad
Author: Robert Kiyosaki
Published: 2017
Pages: 336
It’s not about how much money you make, but how you use it! Author, Robert Kiyosaki, teaches a crucial lesson on money by observing his rich dad and poor dad. His rich dad would make his money work for him, while the poor dad would spend money on investments with no returns. Although this book won’t teach you how about real estate investing, it’s full of lessons that will help you how to make the most from each payout, ultimately leading to financial freedom. Find it here.
Think and Grow Rich
Author: Napoleon Hill
Published: 2005
Pages: 320
This book illustrates the common patterns and traits in success journeys to prove that thoughts are powerful, and when combined with principles like burning desire, persistence, faith, and purpose, they can translate to incredible wealth and success. Reading this book as you embark on your journey will help you build a positive mindset and form habits that will result in success regardless of the many obstacles you will encounter. Find it here.
Real Estate Investing Quickstart Guide
Author: Symon Hue
Pages: 311
Year Published: 2020
This basic guide to investing will cover residential and commercial real estate, managing daily activities as either a passive investor or landlord and so much more. Every step of the process is covered in this handbook for getting started in the business. Find it here.
The Book on Tax Strategies for the Savvy Real Estate Investor
Authors: Amanda Han & Matthew MacFarland
Pages: 198
Year Published: 2016
Both authors of this book are certified CPAs and very knowledgeable about how real estate-specific taxes work and how to take advantage of them. Tax codes are especially difficult to navigate, so having an easy-to-understand explanation of different tax strategies and tips is good to have in your toolbox for real estate investing. Find it here.
The Book on Estimating Rehab Costs
Author: J Scott
Pages: 205
Year Published: 2019
Calculating how much a potential investment’s restoration, fixing, and maintenance is one of the most critical points on whether or not you lose money on a property. In this book, expert real estate investor and fix-and-flipper J Scott, reveals the tried and true steps of his professional framework and methodology for evaluating renovation costs. Learn every detailed tip, trick, and tactic you need to accurately budget any house flip project or investment property renovation. Find it here.
Never Split the Difference
Author: Chris Voss
Pages: 288
Year Published: 2016
Everyone in the real estate investing game has one thing in common; they are exceptionally great at negotiating and can talk to anyone regardless of the individual's personality. Whether or not you are good at it, this book helps take your negotiating skills to the next level. Drawing from his years of experience as a hostage negotiator, Author Chris Voss reveals tips and tricks that helped him and his team successfully negotiate and save hostages from the most dangerous criminals. Find it here.
Whether your next step is buying your first rental property or adding another multi-family to your real estate investing portfolio, continued learning can help you stand out from the rest. These books can be a reliable source of learning the ins and outs of the industry.
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