Investing in real estate can sometimes feel like a daunting task. Whether an investor is just starting out or is already established, making the correct decision alone can sometimes appear tricky. The following books are some of the best reads available on the real estate industry, with authors not only providing strategic insight into the real estate business but also how to successfully operate as an investor.
The Book On Rental Property Investing by Brandon Turner
Brandon Turner’s The Book On Rental Property Investing offers a comprehensive business model through the lens of real estate investing. Turner offers advice to both newcomers to the real estate industry and those who have already established businesses. For new investors, Turner gives a step-by-step guide on how to become a real estate investor. For experienced investors, Turner offers advice on how to turn their business into a multi-million dollar venture.
A real estate investor himself, Turner’s advice relies on real-world, practical knowledge of the real estate industry. The author takes investors on a journey that encompasses everything from the acquisition of properties to tax strategies that will enable readers to get the most bang out of their buck.
The Book on Estimating Rehab Costs by J. Scott
Scott’s The Book on Estimating Rehab Costs tells investors everything they would ever need to know on how to rehabilitate and flip a house. A house flipper from Washington, D.C. that has rehabilitated hundreds of houses, Scott tells investors how to evaluate homes, both in terms of analyzing necessary repairs and estimating costs.
The benefit of Scott’s approach is that it helps investors establish a budget and keep their renovation goals on track. Along the way, Scott gives his own insight into how to lower costs. Covering large-scale renovations and simple cosmetic touch-ups, Scott’s book offers something for everybody interested in flipping houses.
The Ten-Day MBA by Steven Silbiger
Steven Silbiger’s The Ten-Day MBA focuses on the business side of the real estate industry. In Silbiger’s work, readers learn the ins and outs of how to run a successful real estate company. Partly based in Silbiger’s own experiences and partly compiled from the teachings of countless top business school professors, The Ten-Day MBA gives new investors the confidence to work as seasoned business managers.
Imparting knowledge on fields as diverse as accounting, finance, and marketing, Silbiger’s book not only helps new investors establish their business, but also helps seasoned real estate brokers become a force to be reckoned with in the industry.