Looking to get into rental property investing? Rental property investing is a lucrative business. Whether you are just starting your career as a rental real estate investor or are an experienced investor looking to grow your portfolio, education is essential for building expertise and refining your strategy. Rental property investment takes a lot of work and skill if you want to see success in this field.
Are you thinking about getting in on the property rental investing game? We’ve chosen a few books on rental property investment that can help you accelerate your investment.
One Rental At A Time: The Journey to Financial Independence through Real Estate by Michael Zuber is a solid read for those looking to begin building a rental real estate portfolio. Zuber’s book equates real estate investing with a Chinese proverb, “The best time to plant a tree was 20 years ago. The second best is now.
2. The Book on Rental Property Investing – Brandon Turner
This handy guide explains everything you need to know about succeeding with rental investments as a means of generating cash flow. It also outlines the biggest mistakes rental property investors make and how to avoid them. If you’re looking for a primer to rental property investing that’s suited to beginners, this book can help position you to get ahead. This includes, but is not limited to, the strategies of finding the most ideal rental properties in competitive markets and following best tenant retention practices. Additionally, the author has also provided actionable ideas on financing rentals.
This book serves as a comprehensive guide for people who are interested in learning how to get the most out of rental property investment.
3. Investing in Rental Properties for Beginners: Buy Low, Rent High – Lisa Phillips
Lisa Phillips has highlighted in her book the importance of rental yields which can stabilize one’s financial status to a great extent and make one more financially independent. Counted amongst one of the best real estate books, the author emphasizes minimizing capital expenditure and risk while earning a stable and high rental income through a property in a good neighborhood.
4. Build a Rental Property Empire: Mark Ferguson and Lynda Pelissier
With deep roots in the real estate industry, Mark Ferguson has worked as a buy-and-hold investor, flipper, and real estate broker. He brings his varied background and experiences into play in Build a Rental Property Empire: The no-nonsense book on finding deals, financing the right way, and managing wisely as he guides investors and potential investors through the industry in order to help you evaluate markets and overcome obstacles.
With real-world case studies and practical advice, you’re sure to find insights to help you launch or grow an investment business.
5. The Compound Effect: Jumpstart Your Income, Your Life, Your Success – Darren Hardy
And this book was actually written in 1926. So it’s way back there. This book reveals the core principles that drive success and The Compound Effect book contains the essence of what every super achiever needs to know practice and master to obtain those extraordinary results, extraordinary success. So in this book, they talk about things like how to win almost every time, the number one strategy to achieve any goal and triumph over your competition.
6. High-Performance Habits – Brendon Burchard
How extraordinary people become that way. why do some individuals and teams succeed quickly more quickly than others, and actually sustain that success over the long term. You wanted to find out of those people who actually pull it off, why are some miserable?
And it turns out that just six deliberate habits give you that edge. Now he says that anyone can practice these habits. And when they do extraordinary things happen in their lives, in their relationships, in their careers, it really is a good book. It is definitely well worth reading regardless of what you do in terms of your job or career, business, or practice. It really is a book on becoming a high performer. And to become a high performer, you must seek clarity.
Book reading is not an easy task, likewise earning money. But to be a master in rental real estate investing you need to learn lots of things. Read these books and apply the principles in your investment journey.