Beginner looking for good landlord books

Beginner looking for good landlord books

Rental Property Investor · Houston, TX · Member since 2014 · 17 posts · 7 votes

Hey all,

I am totally new to real estate investing.  I live at the South Jersey Shore area (just outside AC) and want to get into renting out properties for income, while building value in them.

Does anyone have any good book recommendations on how to be a landlord, what I'm getting myself into (the lifestyle, if it can be something I can manage if I have to relocate) and how to form a good business plan going in so I'm making money instead of losing it and getting into a headache.

Thanks in advance!

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Engelo RumoraBusiness Member
Investor · Toledo, OH · Member since 2013 · 4k+ posts · 2k+ votes
12y
Originally posted by @Ian F.:

Hey all,

I am totally new to real estate investing.  I live at the South Jersey Shore area (just outside AC) and want to get into renting out properties for income, while building value in them.

Does anyone have any good book recommendations on how to be a landlord, what I'm getting myself into (the lifestyle, if it can be something I can manage if I have to relocate) and how to form a good business plan going in so I'm making money instead of losing it and getting into a headache.

Thanks in advance!

Welcome to BP Ian,

Although not directly RE related I believe they are the best 2 books an entrepreneur should read.

Thinks and Grow Rich

How to Win Friends and Influence People

Thanks and have a great day.

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  • Contractor · Valparaiso , IN · Member since 2013 · 604 posts · 327 votes
    12y

    Start here

    http://www.biggerpockets.com/real-estate-investing

    I can't say I know of any good books but someone will

  • Real Estate Investor · Glassboro, NJ · Member since 2013 · 27 posts · 3 votes
    12y

    Hey Ian,

    There are quite a few articles that have the best real estate books. Here are some links:

    http://www.biggerpockets.com/renewsblog/2013/04/14...

    http://www.biggerpockets.com/renewsblog/2013/10/14...

    I would browse through the ones that deal with the topics you are looking for.

    2 that are mentioned in these posts and that I have personally read are Landlording on Autopilot and What Every Real Estate Investor Needs to Know About Cashflow. They should both provide a sound foundation for you to then go dig deeper and grow in your real estate literacy.

    Best of luck to you.

  • Engelo RumoraBusiness Member
    Investor · Toledo, OH · Member since 2013 · 4k+ posts · 2k+ votes
    12y
    Originally posted by @Ian F.:

    Hey all,

    I am totally new to real estate investing.  I live at the South Jersey Shore area (just outside AC) and want to get into renting out properties for income, while building value in them.

    Does anyone have any good book recommendations on how to be a landlord, what I'm getting myself into (the lifestyle, if it can be something I can manage if I have to relocate) and how to form a good business plan going in so I'm making money instead of losing it and getting into a headache.

    Thanks in advance!

    Welcome to BP Ian,

    Although not directly RE related I believe they are the best 2 books an entrepreneur should read.

    Thinks and Grow Rich

    How to Win Friends and Influence People

    Thanks and have a great day.

  • Specialist · Rockland, MA · Member since 2010 · 7k+ posts · 2k+ votes
    12y

    @Ian F. 

    The local affordable housing office in your area probably has a class available.

    Paul

  • Rental Property Investor · Houston, TX · Member since 2014 · 17 posts · 7 votes
    12y

    Wow thanks for all the great info everyone!  I'll make sure I check out all those resources.  I have  a lot of reading ahead of me haha.

  • Investor · South Jersey, NJ · Member since 2013 · 338 posts · 22 votes
    12y

    I am in NJ as well, 40 minutes from Atlantic City, I would suggest going back and listening to the podcasts from 1 to the current one. Great luck!

  • Mark LangdonPro Member
    Investor · Whippany, NJ · Member since 2010 · 356 posts · 104 votes
    12y

    You can find an answer to any question you may have on being a landlord here on BP. Ask away.  I like Landlording on Autopilot book also. Good Luck !

  • Belleville, NJ · Member since 2013 · 85 posts · 23 votes
    12y

    A must have one

    Landlording: A Handymanual for Scrupulous Landlords and Landladies Who Do It Themselves by Leigh Robinson

  • Rental Property Investor · Houston, TX · Member since 2014 · 17 posts · 7 votes
    12y

    @Mark Langdon I actually just bought that book off amazon after reading through the recommended reading list.

    I think I'll give that book about scrupulous landlording a read too, afterwards.

    @Account Closed Thanks, I'll give them a listen.

    Also, nice to meet all of you.  I'm really amazed at how helpful this community is!

  • Mechanicsburg, PA · Member since 2013 · 3k+ posts · 2k+ votes
    12y

    @Ian F. 

    The best landlording book is "Landlording" by Leigh Robinson.  He also has a web site.  He's sold like 400,000 copies and it is the all time best selling landlording book in history.

  • Lender · Greater LA/Orange County area, CA · Member since 2012 · 3k+ posts · 3k+ votes
    12y

    I echo David Krulac about Leigh Robinson's landlording book.

    For high-end property management: David Tilney's course

    For low-end properties, "Fixer" Jay Decima

    There are other books on rental strategy and mindset. John Schaub is a friend of mine who has written several great books in the topic. There are others, too.

    Also, my personal favorite: Mike Cantu's Rental Management book and CD's (I sell Mike's course on my website because I'm so impressed by it).

  • Chester, NJ · Member since 2013 · 150 posts · 30 votes
    12y

    Hello Ian, I picked up a good book from my library. It's a Nolo series about landlord tenant law and is specific to NJ. I apologize for not knowing the exact title but it can be found at Nolo.com

    Best of luck!

  • Summit, NJ · Member since 2014 · 32 posts · 9 votes
    12y

    Hi @Ian F. . I read a copule of realestste books but most of the info there is just fluff. The podcasts here on BP are a weath of practical information on the other hand. I would deffinetely recommend starting with those. 

    Regards,

    Felix

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