In the modern economy, some of the best ways to make money include real estate investing and becoming a real estate agent. Whether you’re a real estate agent yourself, looking to get into property management, or looking to use real estate to build a wealth of your own, reading up on real estate will give you a competitive advantage. Both investing in and selling real estate provide a steady income that has the power to go up over time.
Best Real Estate Books
While it may seem like a niche market, anybody can make money off of real estate. You can invest in real estate without buying property, helping to build long-term, passive wealth. You can become a real estate agent by getting a license online, and these books will give you the tools to make it big after that first step. With the real estate tools that these books offer, you’ll be on the path to building steady wealth, mastering the art of investing, and providing clients more value than the competition. So, what are the best real estate books? Let’s find out!
1. The Millionaire Real Estate Agent by Gary Keller
The Millionaire Real Estate Agent is the blueprint for all real estate agents. Gary Keller, the founder of the largest real estate brokerage in the world, explains how you can systematically build a thriving real estate business. He goes deep into mastering real estate both professionally and personally, teaching you how to make a successful business model that fits your lifestyle. Later, he goes into the importance of lead generation. You have two jobs: your technical skill and how you bring in the customers. Keller teaches you how to track your data, generate leads, and figure out what’s bringing your customers in.
The principles of The Millionaire Real Estate Agent can be applied to any profession. This book will teach you how to make more money without giving more of your time. It goes into the math of making your first million dollars, the mindset that speeds up your process to get there.
2. The Millionaire Real Estate Investor by Gary Keller
The Millionaire Real Estate Investor is the perfect first-time book for anyone looking to invest in real estate. This is another of Gary Keller’s famous books that provide practical advice for anyone looking to build wealth over time. Keller has not only written tons of books about real estate, but he’s been through it himself. This particular book was written in 2005 but applies today more than ever.
He’ll teach you how to get into the investing mindset and think big to make more. You’ll be able to take action since he provides you with different ways to get started depending on your resources. He also includes a detailed word map about real estate investing, individual success stories, and visual diagrams. By following Keller’s four stages to becoming a millionaire through real estate investing, you’ll be set with your clear path to success.
3. Mastering The Art of Selling Real Estate by Tom Hopkins
Tom Hopkins is the top real estate sales trainer in the country, and Mastering The Art of Selling Real Estate has been referred to as “the industry’s bible.” This popular classic has been revamped multiple times to ensure relevance and eliminate dated material. In this, Hopkins explains the role of the Internet in real estate sales and the various platforms that will allow you to grow your business. According to The National Association of Realtors, 73% of realtors use Facebook for their work, and 93% of people use the Internet to search for property. A book that teaches you how to utilize the powers of the Internet to grow your business is crucial.
This book is perfect for both beginning and experienced real estate agents looking to take it up a notch. It provides you with a personalized approach toward the game and proven methods for helping you grow your business. There are also specific recommendations, clear explanations, and examples that help you prepare for the spontaneity that comes with real estate.
4. Building Wealth One House at a Time by John Schaub
Building Wealth One House at a Time is the expanded 2nd version to ensure value. Over three decades, John Schaub has built a real estate empire, teaching others how to make their first million, keep the cash coming, and ensure steady income for life. Schaub explains how anyone can accumulate their first $1,000,000 worth of houses and become debt-free. According to The National Association of Realtors, 24% of home buyers still have student loan debt, so a book covering both real estate and paying off debt is both a unique and valuable combination.
Schaub goes into a specific plan that requires discipline over a long period to gain both financial stability and freedom. He also goes deep into the value of long-term investing in real estate, explains his successful method in a personable tone, and explains how you can implement the tools into your life.
5. The Real Estate Agent Redefined by Jim Jaeckels
The Real Estate Agent Redefined is a must-read, practical guide to running a referral-based real estate practice. In this, Jaeckels explains how you can remain the center of real estate transactions and create long-lasting business connections that matter. He also explains the personal qualities of successful real estate agents and how these traits are beneficial when growing your business. He doesn’t just provide pieces of advice, but actual exercises that you can do on your own! With this, you’ll learn how to deliver the ultimate client experience and speed past competition. After all, with 2 million real estate agents in the US, you have to provide value that your clients won’t find anywhere else.
6. The Book on Investing in Real Estate with No Money Down by Brandon Turner
This book on investing teaches you how to no longer let lack of cash hold you back from investing in real estate. Author Brandon Turner is both a real estate investor and co-host of BiggerPockets podcast. He explores the real-life strategies of today’s smartest investors who started from nothing, and how to invest using the unconventional route of creativity instead of cash.
Reading this will teach you how to no longer let the current contents of your wallet define your financial future, and how to take control of your commercial success. He provides all you need to know about creative real estate investing, how to take risks while minimizing uncertainty, and how to pave the path to success.
7. The Intelligent REIT Investor by R. Brad Thomas and Stephanie Krewson-Kelly
As the name claims, this book is the go-to guide for intelligent REIT investing. The Intelligent REIT Investor teaches you how to build wealth with real estate investment trusts. It’s perfect for real estate investors, financial planners, analysts, and anyone who prioritizes risk management. It allows the reader to formulate a deep understanding of development, finance, securities, and how to make profitable decisions before diving in.
This book is perfect for beginners and anyone debating whether or not they should start investing. It provides you with tips and tools and a comprehensive guide of all you need to know about investing in real estate.
8. The Honest Real Estate Agent by Mario Jannatpour
This is the newest, 3rd edition of the book that’s most relevant today. In this, you’ll find a training guide for a successful first year and beyond as a real estate agent. It’s beneficial for both agents who are starting and those who already have experience. Bottom line: any real estate agent who cares about their customers should read this book. It’s not just about passing the real estate exam but making a difference by providing the most value throughout every transaction and interaction.
It’s often taught how to get your license, but not how to hit the ground running afterward. Thankfully, this book covers it all.
Final Thoughts: Best Real Estate Books
Ultimately, taking the time to read about real estate before investing or selling will quicken your path to success. By reading these best real estate books, you’ll be able to gain long-term wealth, speed past competition, and become a real estate expert in no time.
Looking to gain more real estate knowledge? You may also be interested to read our guide on the best online real estate courses. Make your real estate business a success!