By the Book: The Best Real Estate Books for Investors in 2023
You can find great resources for real estate investors online—including our own library of posts—but some folks prefer having a physical book on hand. Real estate investing is a popular subject for authors. Not only is it a more stable investment than the stock market, but there are multiple niches you can explore. The right fit for you might be in residential, commercial or real estate investment—or you might find that passive investments like REITs and MICs are the key to your financial success.
Here are some of the best real estate books for real estate investors.
As well, if real estate books are not your style, you can click the link below to book a free strategy call and let us share the wisdom we learned from these real estate books with you ourselves.
Beginner creative real estate books and investing advice
Everyone’s got to start somewhere. These general resources will help beginners and long-time investors alike—you never know what kind of tips you’ll pick up from these reputable pros.
Beginners, start here
The ABCs of Real Estate Investing by Ken McElroy will give you the basics that you need to start investing in real estate, then help you evaluate your properties so you find hidden profits that other investors and entrepreneurs may have missed. This is a great entry point to real estate investing.
How to invest wisely
Set for Life by Scott Trench discusses how to go from $0 in capital to having enough for a down payment—then you can learn to invest it so that you have—at the very least—a nest egg that will keep you “set for life.”
Rental property investing
The Book on Rental Property Investing by Brandon Turner can help you get started in the rental property market. Turner is the founder of biggerpockets.com, a popular real estate investing website. This is a great beginner guide to rental property investing, including how to avoid the major mistakes most people make when they’re starting out.
Make it recession-proof
Recession-Proof Real Estate Investing by J. Scott is one book anyone who’s lived through 2020 can appreciate. It was originally written after the 2008 recession, but the lessons can apply to any economic downturn. Read this to learn strategies to keep your investments safe no matter what condition the economy is currently in.
Discover How To Develop Real Estate With This Step By Step Guide
Building wealth books
Once you’ve started investing, the goal is to build your wealth by making your money work for you. These real estate books will help you critically evaluate your assets—and decide what to do with them.
Change your mindset
Rich Dad Poor Dad by Robert Kiyosaki is a classic for a reason. The author discusses how to change your mindset about building wealth, using time-tested strategies to make your money work for you. It’s not real-estate specific, but it’ll help you narrow down the best strategies for your portfolio.
Become a millionaire
The Millionaire Real Estate Investor by Gary Keller specifically tackles investing when you don’t have millions sitting around to invest in property. (Who does, especially when they’re first starting out?) If you want to learn strategies to take your existing capital and leverage it into millionaire status, make sure to check this one out.
One house at a time
Building Wealth One House at a Time by John W Schaub. The author has over four decades’ worth of real estate experience, and this book goes over the fundamentals of both building wealth through real estate investments. If you want to make a lot of money with your investments, take advice from this renowned expert.
Real estate books to learn about financing
Tax strategies
The Book on Tax Strategies by Amanda Han and Matthew McFarland is geared toward American investors, but it’s worth picking up for general tax advice. Canada and the United States often have similar tax structures, so read this to learn strategies that can apply to your own investments.
Cash flow
What Every Real Estate Investor Needs to Know About Cash Flow—And 36 Other Key Financial Measures by Frank Gallinelli can help you improve your investments by the numbers, including free Excel spreadsheets to show you how the book formulas actually work.
Investing niche topics
Being a landlord
The Book on Managing Rental Properties by Brandon and Heather Turner will help you navigate the potential minefield of being a landlord. We all hope that we’ll have ideal tenants who always pay their rent on time, but how do you find them? What are your obligations as a landlord, and how can you position yourself for success? If you want to learn leadership, this is one of the real estate books for you.
Building your business
The 4-Hour Workweek by Tim Ferris is a great resource to help you create and automate systems, so you’re not doing all the drudge work by hand. You’ll learn what to do yourself and what to outsource, so you can spend your time in a more efficient way.
Commercial real estate
Ready to dip your toe into the commercial real estate waters? Mastering the Art of Commercial Real Estate Investing by Doug Marshall is a great introduction to the vastly different world of commercial real estate. You’ll learn how to avoid risks and manage properties with multiple tenants, among other key lessons.
Flipping houses
The Book on Flipping Houses by J. Scott is a how-to guide by an experienced house flipper. He’ll teach you how to evaluate properties, fix them up and retain a healthy profit margin—all without losing your mind in the process. If you’ve watched a lot of house-flipping TV shows and want to get the real scoop, try this book first. It is easily one of the best real estate books if you are trying to generate quick returns.
Long-distance real estate investments
If you want to buy properties in another province or country, try Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties by David Greene. Although geared toward an American audience, the bulk of the advice applies to Canadian investors, too.
REITs
The Intelligent Real Estate Investor: How to Build Wealth with Real Estate Investment Trusts by Stephanie Krewson-Kelly and R. Brad Thomas will teach you how to analyze different REITs to passively build your wealth in real estate.
These real estate books are just a few of the informative texts you can find at your local bookstore or library—and are sure to provide you with great tips for building and maintaining your real estate portfolio.
Once again, if real estate books are not your style, you can click the link below to book a free strategy call and let us share the wisdom we learned from these real estate books with you ourselves.