5 Must Read Books for Newbie Real Estate Investors

[Collin Van der Veen]

They say the best time to buy a house was 20 years ago, and the second best time to buy a house is now. For those looking to get into the game but don’t know where to start, I’ve highlighted 5 books below that have been the most influential in my journey so far.

1.) Rich Dad Poor Dad by Robert Kiyosaki

Ask any real estate investor what the most pivotal book has been for them, and this is likely to be at the top of the list. Independent of real estate, this book completely changes the way you approach your finances. Credit to
@Reed Baker for pestering me to give this iconic book a read.

2.) The Book on Rental Property Investing by Brandon Turner

For those in search of a detailed framework for how to source, finance, acquire, and operate rental properties across a host of different strategies, this literary gold mine provides a great and actionable crash course.

3.) Millionaire Real Estate Investor by Gary Keller and Jay Papasan

This oldie-but-goodie walks readers through the necessary steps to think a million, buy a million, own a million, and receive a million.

4.) Crushing it in Apartments and Commercial Real Estate by Brian Murray

Think you’re unqualified or incapable of getting involved in some bigger real estate deals? This book will quickly change your mind as Brian Murray walks you through his path from school teacher to the owner of millions of dollars worth of cash-flowing property.

5.) Buy, Rehab, Rent, Refinance, Repeat (BRRRR) by David Greene

Why let your hard-earned equity remain locked up in the properties you purchase? As real estate veteran David Greene explains in this book, the BRRRR strategy allows you to maintain the highest possible velocity of money to rapidly scale your real estate portfolio.

[Nathan Gesner]

In my experience, the most difficult part of investing in real estate is managing the property. For that reason, I recommend "Every Landlord's Legal Guide" by NOLO. Written by attorney investors, it's full of practical advice pertaining to management of investment property, has sample forms that can be edited, and - most importantly - they tell you what your primary state laws are and where you can read them. It's updated every year and is the best $40 you'll spend as a Landlord. There is one book for 49 states and a separate book for California.