If you’re looking to expand your real estate investing knowledge — after all, it’s the one true way to minimize your risk while maximizing your profits —and make smart investment decisions, you can take courses and watch shows.
Or, if you’re a book nerd like me, you can check out the best real estate books for beginners.
The only question is which books should you read, and which ones should you avoid?
That’s exactly why we’ve compiled this list of the best real estate investing books for 2024. Each book on the list is extremely affordable (most are around $10) and offers insight that’s truly impacted my real estate journey.
So, without further ado, let’s get started!
The Best Real Estate Investing Books for Beginners in 2024
Landlording on AutoPilot: A Simple, No-Brainer System for Higher Profits, Less Work and More Fun (Do It All from Your Smartphone or Tablet!) by Mike Butler
If you want to rent out properties but are looking for a more efficient and profitable way of doing so, Landlording on AutoPilot can offer you valuable insights and practical tips.
In this real estate book for beginners, Author Mike Butler has created a proven system for managing hundreds of rentals on the side.
In this book, he shares his methods to transform your rental properties from a source of stress to a reliable stream of higher profits and consistent income.
Get this real estate book for beginners on Amazon.
The Book On Rental Property Investing: How To Create Wealth And Passive Income Through Smart Buy & Hold Real Estate Investing by Brandon Turner
Whether you’re just starting out or already own hundreds of rental units, this book will teach you how to create a realistic strategy, find great deals, assess properties, build a competent team, finance rentals, and much more.
Real estate investing offers a fast and reliable way to achieve financial freedom, and this best-selling guide will show you exactly how to achieve it.
In “The Book on Rental Property Investing,” you’ll find comprehensive, practical strategies that seasoned real estate investors use to increase their cash flow through rental properties.
Get this real estate book for beginners on Amazon.
The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss by Ken McElroy
McElroy’s “The ABCs of Real Estate Investing” is one of the best real estate investing books for beginners because it focuses on things like market analysis, deal negotiation, and cash flow management without being too complex or filled with jargon.
This book also delves into larger investments, such as apartments, condos, and townhomes — including tips on collaborating with other investors to facilitate larger purchases.
Beyond acquisition, it emphasizes the importance of maintaining profitability.
Get this real estate book for beginners on Amazon.
The Book on Investing in Real Estate with No (and Low) Money Down by Brandon Turner
Another one on the list by Brandon Turner, this book ranks among our top recommendations for real estate investing books for beginners because it tells you how you can maximize investments even when you have minimal cash.
It highlights strategies for leveraging credit to acquire real estate assets. So, whether you’re seeking private funds or lenders — Turner’s book offers creative solutions to secure funding while avoiding common pitfalls.
Get this real estate book for beginners on Amazon.
The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matthew MacFarland
Tax strategies might seem complex and overwhelming, but they are a “necessary evil” for real estate investors.
For instance, capital gains tax can significantly reduce your investment income, so knowing how to minimize it is important.
With this book, you’ll learn how to structure your investments in a tax-efficient manner and identify deductions that can save you money, making it a must-read real estate investing book for beginners.
Get this real estate book for beginners on Amazon.
Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not by Robert T. Kiyosaki
Though not specifically about real estate investing, Rich Dad, Poor Dad is a great read for any aspiring investor.
This book discusses the crucial mindset you need to make your money work for you, which is essential for anyone who plans to go into investing.
It emphasizes that a huge capital isn’t necessary to begin investing and growing your wealth, but that financial intelligence and education are key.
This is an empowering read that will inspire you to take control of your finances and make smart investment decisions, as the timeless principles outlined in it will offer an excellent starting point for any new investor.
Get this real estate book for beginners on Amazon.
Real Estate Investing Gone Bad: 21 True Stories of What NOT to Do When Investing in Real Estate and Flipping Houses by Phil Pustejovsky
Knowing what not to do can be just as critical as knowing what to do, and that includes typical “don’ts” in real estate investing.
This real estate investing book for beginners allows you to avoid the critical mistakes made by real estate investors and house flippers.
By learning from their experiences, you can avoid costly mistakes without risking your own money.
The book highlights potential pitfalls that took others years to learn so you can make smart investment decisions right from the start.
Get this real estate book for beginners on Amazon.
What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli
Calculations can be boring.
However, you need to know how to calculate your cash flow to maximize your real estate investments.
This book is a top real estate investing book for beginners because of its emphasis on precisely that.
But don’t worry — whether math is your forte or not, Gallinelli clearly explains how to use these calculations to your advantage.
This guide dives into essential metrics needed for informed investment decisions, making it a must-read for any new investor.
Get this real estate book for beginners on Amazon.
Buy, Rehab, Rent, Refinance, Repeat by David M. Greene
Buy, Rehab, Rent, Refinance, Repeat, also known as the BRRRR Method, is a strategic approach to real estate investment.
This method enables you to gradually expand your investment portfolio, starting from a single property.
Greene shares his personal experience with the BRRRR Method, provides helpful tips on how to execute this strategy effectively, and touches on important topics such as building a strong team, finding the right properties, and managing cash flow.
Get this real estate book for beginners on Amazon.
How to Invest in Real Estate: The Ultimate Beginner’s Guide to Getting Started by Brandon Turner and Josh Dorkin
Unlike conventional real estate books that claim there’s a singular path to success, this book offers a diverse array of real people’s investing journeys.
It features over forty real-life stories showcasing how investors are thriving in today’s economy, providing valuable insights and inspiration.
It’s a perfect starting point for those looking to familiarize themselves with the various options available in this field.
Get this real estate book for beginners on Amazon.
The Bottom Line: Best Real Estate Investing Books for Beginners
Real estate investing can seem daunting for beginners, but these books provide valuable guidance and inspiration to kickstart your journey.
By learning from the experiences and advice of successful investors, you’ll be better equipped to make informed decisions and build a profitable portfolio.
Grab one of these books today, and get to learning!
Interested in more books to further your real estate knowledge?
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