7 Best Real Estate Books for Investing

The Road To Passive Income

When I first started learning about passive income, it took a while to wrap my head around getting paid for work that I didn’t have to do physically. My first stop during the education process was to take a look at what millionaires do. I voraciously read books Some of the books were: 1. The Millionaire Next Door 2. Think and Grow Rich 3. Everyday Millionaire

Real Estate Is The Key

“90% of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” – Andrew Carnegie 

Why Books?

Here are a few stats to uncover about books: 1. 86% of the wealthy loved reading vs. 26% for the poor 2. 63% of the wealthy listened to audiobooks during their  4. 85% of the wealthy read two or more self-improvement booksor Here’s a list of the best real estate books to get you started.

1. The Millionaire Real Estate Investor

In the book, The Millionaire Real Estate Investor, author Gary Keller of Keller-Williams Realty interviewed over 100 millionaire real estate investors to put together a guide for building wealth through real estate. If you’re just starting in real estate, then reading this would be similar to taking a Real Estate Investing 101 course.

2. Rich Dad Poor Dad

The second book on our list of best real estate books is Robert Kiyosaki’s Rich Dad Poor Dad These lessons include: 1. It’s not how much money you make; it’s how much you keep. 2. The poor and the middle-class work for money. The rich have money work for them. 3. It’s not the smart who get ahead, but the bold.

3. The ABC’s of Real Estate Investing

For many real estate investors, The ABCs of Real Estate Investing by Ken McElroy is their best go-to book that teaches the basics of real estate investing.  In it, he discusses how to achieve wealth with real estate by: 1. Negotiating deals 2. Finding and evaluating properties

4. What Every Real Estate Investor Needs To Know About Cash Flow

The fourth book on our list of best real estate books is Frank Gallinelli’s What Every Real Estate Investor Needs to Know About Cash Flow, and 36 Other Key Financial Measures can help you figure it all out, especially for newbies. Some of the terms the book details are: 1. Cash-on-cash return 2. Equity multiple

5. The CashFlow Quadrant

The book centers around the four quadrants he claims we all fall into: 1. Employee (Left-side) 2. Self - Employed (Left-Side) 3. Business Owner (Right-Side) 4. Investor (Right-Side ) Kiyosaki claims that most people are on the left side are the “poor side” of the quadrant. They’re either employees or are self-employed.

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