Entrepreneurs require practical lessons and insights of the field they want to invest. They can get such from books covering different topics. Whether one is a newbie or a veteran in the field, the following are the five best books on real estate investing.
ABC’s OF REAL ESTATE INVESTING by Ken McElroy
The author gives an analysis of the different activities of investing in real estate and eliminates the myths about this field. It is a great read for beginners who are looking for long-term property investment. Readers get the chance to know what to anticipate in the investment. The book touches on other subjects such as team building and partnerships. The writer explains how to utilize cap rates and gives formulas for analyzing potential income of an investment.
THE BOOK ON INVESTING IN REAL ESTATE WITH NO (AND LOW) MONEY DOWN by Brandon Turner
It sounds too good to be true right? Well, the book offers numerous practical strategies that an investor can use. For those without large money, they can get techniques to use for buying property. The author expounds on how to attract lenders and how to overcome investments’ downsides.
WHAT EVERY REAL ESTATE INVESTOR NEEDS TO KNOW ABOUT CASH FLOW by Frank Gallinelli
In any investment, an entrepreneur needs to be aware of the numbers as they are what make it worthwhile. Gallinelli provides simple explanations of formulas that investors should use to determine the viability of the property. He explains the importance of acquiring what makes sense and discourages emotional decisions. The formulas are for analyzing a deal and calculating the outcomes.
MANAGING RENTAL PROPERTY by Brandon and Heather Turner
The book is a must-read for those who are already in the real estate industry. The writer discusses the basics of property management. The comprehensive guide advises property owners on how they can maximize their profits and minimize hasslesminimize hassles associated with being a landlord.
BUILDING WEALTH ONE HOUSE AT A TIME by John Schaub
Looking for financial independence? The book simplifies the traditional investment concepts. The author uses personal experiences to explain how an investor can accumulate multiple houses debt-free. His advice to entrepreneurs is investing in small-multi units and single-family houses. The book has a nine-step program for successful investment. It also contains a ten-year plan on how to be debt-free.
The above are just a few of the best that investors can read to gain more knowledge and become powerful. Most authors are renowned pundits with vast experience in real estate investment.