One of the traits of a great investor is the thirst for new ideas and information, particularly in their field of investment. If you are looking to get into real estate or already are an investor but looking for ways to be even better, then reading real estate investment books is one of the best way to amass new information, tips and tricks and even learn to fix your errs. With thousands of real estate books in the market, getting the best and most useful isn’t always the easiest thing but in my opinion, these are the 3 Best Real Estate Books you must read next.
2 Years to a Million in Real Estate by Matthew Martinez
This book has been coined the definitive guide to renting property and reaping big from it. Most people who attest to the success of this book as an instruction manual say that it is the best tool to use to transform an average person – not rich, not very creative, a little ambitious maybe, and – armed with a credit card into a real estate investor in just a couple of months.
Matthew Martinez, the author, says he was just an average Joe working a 9 to 5 and paying his taxes, until he did something different. If you follow his guide, expect to invest small amounts in hot properties (you’ll know how to find them as well), negotiate like a pro, know to target and screen tenants and make tons of money.
Building Wealth One House at a Time by John Schaub
Although ‘Building Wealth One House at a Time’ is over 10 years old, it has some amazing pieces of information you may not find anywhere else. The foundation of this book is based on what the author, a pro who thrived in real estate even when everyone else was slumping, calls ‘a relaxed approach to building financial freedom’. It sounds fancy but it actually means you will accumulate millions of dollars through high quality houses you will find in posh neighborhoods that will provide you with ever-increasing income for the rest of your life.
This book has made Billionaires, Google it. But the most fascinating thing is that it teaches you to be your own boss, live and act like it by training you how to find the right houses, using the right terms to your advantage and identifying the best tenants.
FLIP: How to Find, Fix, and Sell Houses for Profit by Rick Villani, Clay Davis & Jay Papasan
If you are a straight shooter and don’t like all the mumbo jumbo of sales, this is your kind of book, the one that tells you straight what to do and what to expect. This is the third book in the National Bestselling Millionaire Real Estate series and has sold over half a million copies already. It is also the most recommended book that provides information and methods most relevant to the modern real estate market.
You can refer FLIP as a handy guide that gives you the simplest instructions to analyze investments, identify potential improvements, accurately estimate properties in a fraction of a minute and take out all the guesswork to effectively eliminate risk.