Are you new to real estate investing or considering getting into the market? With so many different types of real estate, it can be a tricky industry to enter when first starting out. Before beginning any new endeavor, it’s important to get a solid foundation of the basics in both practice and language. Here are five tried and true books for beginners in real estate investment.
How to Win Friends and Influence People – Dale Carnegie
I know what you’re thinking – “What does this have to do with real estate?” Don’t be so quick to judge a book by its cover. Real estate, after all, is about building relationships with other people. It’s about being able to make connections and communicate ideas effectively. Learning these soft skills is essential to the industry.
Keepers of the Castle: Real Estate Executives on Leadership and Management –William J. Ferguson
This is another book that is great for developing your soft skills. It’s not a book on numbers, but more so a guide on the kind of leadership attributes that are important for executives and board chairs as they lead their business through the changing landscape of real estate.
Mastering the Art of Commercial Real Estate Investing– Doug Marshall
Investing in commercial real estate is a whole different ball game. It’s no longer single-family homes and one tenant –it’s office space, multifamily housing, public storage etc. This book provides an overview of six laws of real estate investing and how to use them in a way that promotes maximum profitability, combined with a list of other tools and tips on how to make your real estate investments work for you.
The Millionaire Real Estate Investor– Gary Keller
Author Gary Keller, of Keller Williams shares over 100 interviews with millionaire investors. Read advice on how to become a successful investor from the industry’s best.
The title almost speaks for itself! Inside this book you’ll learn that the contents of your wallet do not hold you back from real estate investments. You’ll discover the truth about no-money-down investing, how to get started and how to leverage other people’s money for the best returns on your initial investment
Investing in real estate can be a daunting task, but it doesn’t need to be. Taking the time to do the research and learning the tricks of the trade will make for better investments in the long run.