Why reinvent the wheel, when so many people who have gone before you have built perfectly good vehicles to carry you to success in property investing? These five books are essential to the education of anyone who is serious about making it in real estate investing.
Rich Dad Poor Dad
Robert T. Kiyosaki – Plata Publishing
The perspectives offered in Rich Dad Poor Dad fly in the face of conventional wisdom. Hailed by many as the best personal finance book of all time, this volume tells the story of Robert Kiyosaki and his two dads—his real father and the father of his best friend, his rich dad—and the ways in which both men shaped his thoughts about money and investing. The book challenges the idea you need to earn a high income to be rich, while explaining the difference between working for money and having money work for you.
What Every Real Estate Investor Needs to Know About Cash Flow…And 36 Other Key Financial Measures
Frank Gallinelli – McGraw-Hill Education
What Every Real Estate Investor Needs to Know About Cash Flow teaches you how to judge a property’s value with confidence in order to be assured it will provide long-term positive returns. For this third edition of his book, real estate expert Frank Gallinelli has added new, detailed investment case studies, while maintaining the essentials that have long made “Cashflow” a staple among serious investors.
Unofficial Guide to Real Estate Investing
Martin Stone – John Wiley & Sons Publishing
In The Unofficial Guide to Real Estate Investing, veteran investor Martin Stone offers his insights on how to buy and manage houses, condos, large units, commercial property and land for development. Stone’s firsthand experience is drawn upon to provide advice for correctly valuing property, as well as how to efficiently and effectively perform due diligence. The book also provides guidelines for handling tenant problems without becoming “that” landlord.
Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes
Tom Wheelwright – RDA Press
In Tax-Free Wealth, CPA Tom Wheelwright offers what is likely a new perspective for most readers on the nation’s tax laws. According to Wheelwright, they are actually designed to reduce your taxes in order to help you and your business. Wheelwright says once you come to this understanding, you’ll realize many methods you may have overlooked to immediately reduce your taxes. In addition to advice for legally eliminating income taxes, the book covers strategies for reducing all other taxes.
Investing in Duplexes, Triplexes and Quads: The Fastest and Safest Way to Real Estate Wealth
Larry Loftis – Kaplan Publishing
In his book, Investing in Duplexes, Triplexes and Quads: The Fastest and Safest Way to Real Estate Wealth, experienced real estate investor and attorney Larry Loftis draws upon his real estate investing experience and legal acumen to outline the advantages of investing in residential multifamily properties of two to four units.
If you're looking for quicker, more digestible material to read then download our Buy and Hold Blueprint series to get an overview of what it takes to acquire your first property, scale your portfolio, and save on taxes.
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