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Top 6 Real Estate Investing Books for Beginners

Top 6 Real Estate Investing Books for Beginners
Diana
Paluteder
5 days ago
10 mins read

Investing in real estate is a fantastic way to diversify your portfolio and earn extra income. Since real estate isn’t directly correlated to the stock market, property investments can act as a hedge against market volatility. However, there are many different ways to invest in real estate, such as REITs, managing or flipping properties, renting, or listing on Airbnb– and each has its unique nuances to understand. 

Therefore, no matter how much experience you have with investing in real estate, to maintain a successful portfolio, you should constantly be learning and keeping up to date on what’s happening in the real estate investing world. Markets, people, and the economy are ever-changing, so recognizing various perspectives and strategies can give you fresh ideas and keep you ahead of the game.  

In this guide: Real estate investing books will offer a general outline of navigating property investing and help you with all elements of your real estate investment technique and management. That’s why we have put together this guide with the six best-selling and beginner-friendly books to help you navigate every stage of your real estate investing career. 


Beginners’ corner:


#1 Brandon Turner “The Book on Investing In Real Estate with No (and Low) Money Down: Creative Strategies for Investing in Real Estate Using Other People’s Money”

Brandon Turner “The Book on Investing In Real Estate with No (and Low) Money Down: Creative Strategies for Investing in Real Estate Using Other People’s Money”

How to make money in real estate if you have limited capital? According to Turner, you don’t need piles of money to start investing in real estate but rather creativity and lots of it. In “The Book on Investing in Real Estate with No Money Down,” you’ll find numerous strategies for leveraging other people’s money for impressive returns on your initial investment. 

In this book, Turner– an active real estate investor himself as well as co-host of the #1 real estate podcast, The BiggerPockets Podcast– investigates multiple financing strategies that professional investors use to take advantage of current real estate markets. In addition, you’ll find stories of his personal real estate investing experiences meant to inspire and encourage. 

Ultimately, he assures the reader it’s unnecessary to have the total downpayment amount ready to purchase your dream house in the suburbs. Instead, he argues that investors who find great deals and use methods ranging from lease options to seller financing can build wealth without much capital. 

Among its many lessons, the book will teach you:

  • How to start investing in real estate;
  • How to uncover the truth about no-money-down investing;
  • The most lucrative creative investing strategies, their downsides, and how to overcome them;
  • Advice on wholesaling, flipping, and rentals; 
  • Methods to attract private money. 

Check the book’s price on Amazon


# 2 Symon He “Real Estate Investing QuickStart Guide: The Simplified Beginner’s Guide to Successfully Securing Financing, Closing Your First Deal, and Building Wealth through Real Estate”

Symon He “Real Estate Investing QuickStart Guide: The Simplified Beginner’s Guide to Successfully Securing Financing, Closing Your First Deal, and Building Wealth through Real Estate”

Symon He’s “Real Estate Investing QuickStart Guide” is the ultimate beginner’s guide to learning how to build passive income and long-term wealth through real estate investing in the post-pandemic economy. It outlines the most comprehensive, practical, and approachable path for new investors keen to begin their journey to building their real estate portfolio. 

The book is ideal for complete real estate novices as well as existing real estate investors looking to grow their portfolios and anyone who has struggled to find success in the past with complicated books or expensive real estate programs. 

It offers the reader tips to:

  • Generating sustainable passive income through rental property investing;
  • Getting started with little capital;
  • Producing lasting profits through commercial real estate investing;
  • Successfully ‘flipping’ properties;
  • Growing your income-producing portfolio quickly with multifamily properties;
  • Creating hands-off income streams from indirect real estate investments like REITs. 

Check the book’s price on Amazon


#3 Ken McElroy “The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss”

Ken McElroy “The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss”

Entering the real estate world can seem daunting, so it pays to do your homework. With the help of Ken McElroy’s “The ABCs of Real Estate Investing,” you’ll learn the basics of home price appreciation and accumulating wealth through real estate, finding and evaluating properties, negotiating deals, and how to increase revenue through property management tools. 

You can be assured of expert advice and quality tips as the author himself has over 26 years of senior-level experience in multifamily asset and property management. Additionally, reviewers and readers agree that this is a fantastic starter book, praising its informative, approachable, and easy-to-read nature, particularly for beginner investors. 

Check the book’s price on Amazon


#4 Joshua Dorkin, Brandon Turner “How to Invest in Real Estate: The Ultimate Beginner’s Guide to Getting Started”

Joshua Dorkin, Brandon Turner “How to Invest in Real Estate: The Ultimate Beginner’s Guide to Getting Started”

We turn again to Brandon Turner, who has joined with his cohost Josh Dorkin of The BiggerPockets Podcast to bring the readers one of the most comprehensive manuals on real estate investing. The book will give you an insider’s look at the many different strategies and niches to begin building wealth according to your resources. 

Refreshingly, unlike most traditional real estate books, “How to Invest in Real Estate” won’t try to sell you one secret course to success. Instead, it dives into dozens of unique investment approaches and is loaded with more than forty real-life accounts of how investors thrive in the real estate business.

The book will lay out in detail:

  • How to invest in real estate while working a full-time job;
  • How to earn more so you can invest more;
  • How to convince your partner to be on board with real estate investing; 
  • The truth about LLCs and corporations;
  • Eight unique property types to invest in;
  • 11 effective real estate investment techniques;
  • 28 tested strategies for discovering outstanding real estate deals;
  • Partnerships, the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method, plus other innovative ways to finance your deals. 

Check the book’s price on Amazon.


#5 Brandon Turner The Book on Rental Property Investing: How to Create Wealth With Intelligent Buy and Hold Real Estate Investing

Brandon Turner The Book on Rental Property Investing: How to Create Wealth With Intelligent Buy and Hold Real Estate Investing

In another book by Brandon Turner, we present a primer to rental property investing suited for beginners. With almost 400 pages of in-depth advice, “The Book on Rental Property Investing” provides practical and exciting techniques investors use worldwide and covers all the decisions you need to make before investing in a property.

This book aims to help you find success and avoid the junk that pulls down so many newbies. Beginners and seasoned investors alike will be able to learn everything they need to become millionaire rental property investors. 

In addition, the book is packed with simple strategies, actionable tips for creating and maintaining wealth through income-generating rental property investments, and tricks to avoid some of the most common mistakes. 

The book will provide you with a comprehensive introduction to:

  • Why so many investors fail, and how to ensure you won’t;
  • Four unique, straightforward investing methods to start implementing immediately;
  • Creative tips for finding lucrative deals, even in hot markets;
  • Achieving success without the toils of renovating;
  • Ideas for financing rentals, regardless of your financial situation;
  • Tax strategies for the savvy investor.

Check the book’s price on Amazon


#6 Ralph L.Block Investing in REITs: Real Estate Investment Trusts

Ralph L.Block Investing in REITs: Real Estate Investment Trusts

Real estate has long been considered a relatively safe and lucrative investment, but the substantial initial investment can often make it unattainable for many individuals. Nevertheless, there is still a way– Real Estate Investment Trusts (REITs) –the alternative to investing in real estate without owning a property. 

And though REITs have many advantages, they are also a complex topic to master. That’s why we’ve included our pick for the ultimate guide to building a solid foundation in REITs: Ralph L.Block’s “Investing in REITs” in its fourth edition.

The author, drawing on more than thirty years of successful investing experience with REITs, delves deep into the ins and outs of REIT investing. As a result, the book works as a guide for both beginner, and professional investors, as well as financial planners and investment advisors, keen on unlocking the potential REITs can offer. 

This book covers the following topics:

  • History of the REIT industry;
  • REITs versus other investments;
  • How to spot blue-chip REITs;
  • How to manage investment risks;
  • Valuing REIT stocks and REIT shares;
  • How to build a diversified REIT portfolio with REIT mutual funds;
  • Rewards and dangers of commercial real estate;
  • Investing in non-US REITs;
  • Upcoming developments and strategies in the REIT industry.

Check the book’s price on Amazon


FAQs on real estate investing books

Why should I read a book on real estate investing?

Like any successful investment journey, it begins with learning. Real estate investing books will help determine what makes a lucrative deal, when is a good time to buy, how to scale, and how to systematize and manage your real estate business once you own a portfolio of properties. Tips to gain the right insights and techniques are best found in quality books by experts in the field that will guide you through the most likely or unfortunate scenarios to help you make the best decisions along the way.

How do I choose the right book?

Firstly, setting your goals and understanding your level of knowledge in the field is essential. Secondly, determine what real estate sector you want to pursue and how much capital you have/are willing to invest. Then, finally, choose the book that best applies to those criteria. 

Which books on real estate investing should I avoid?

Avoid any books that boast a get-rich-quick scheme, and be wary of authors without an impressive resume on the subject. 

What is the expected price range for real estate investing books?

The price of a book always hinges on which retailer you opt for, the cheapest of which is often Amazon. The price for real estate investing books ranges from $8 to $30, with the majority under $15. However, if you’re a Kindle user, most books will set you back at less than $10. 

Disclaimer: We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn advertising fees by linking to Amazon.com and affiliated websites. We also receive a commission as a part of our lead generation strategy (at no cost for our readers).

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Diana Paluteder
Author

Diana is an economics enthusiast with a passion for politics and investing. Having previously worked as a financial translator, she provides in-depth articles and guides on the world of finance and commerce.

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