You have probably noticed a trend here on my blog that it heavily concentrates on real estate investing. And this is because it is true, my plan to retire early and build enough passive income to financial freedom will come from investing in real estate. I am a buy and hold investor but I have read dozens if not hundreds of different types of strategies and information regarding all types of real estate investing.
There are so many ways to invest in real estate and if you are interested ingetting started or even just building more knowledge, the best course of action is to read, read and then read some more. Read as much as you can about investing in real estate. The more knowledge you build, the easier it will be to make your decision on what kind of investor you will become. It will also build you with more ammo (knowledge) for when it comes to pull the trigger on a deal.
Please don’t fall for those guru courses and pay tons of money for information. I have read story after story of how they just take your money and most people come out with nothing. There is just no need to pay for guru courses when there is so much free information out on the internet.
I have compiled the top 8FREE amazon books on real estate investing below. They are FREE, so download them, read them, and build your REI knowledge.
Top 8FREE Real Estate Investing Books
You will need a Kindle app to read these. This is also free and you can install it on your desktop PC, Android or your iPhone. Download the FREE Kindle app.
- This is a good FREE starter book on how to buy and sell real estate for flipping houses. It also touches on wholesaling to attract better flip deals. A great read if you interested in learning how to flip houses.
- This is another great beginner type book by William Johnson. In this one, he touches base on how to find cash buyers and motivated sellers. It also provides great tips if you are a cash buyer yourself and marketing strategies. It is an easy to read book and perfect for beginners.
- This is a short read which describes the processes Sean Terry took to invest in Real Estate. It is not a complete guide and leaves questions but does provide a “blueprint” on how he has made his success. You may be able to get some new or valuable ideas from some of the methods used in this book which include investing in real estate with no money. Can’t say its a great book but its FREE and you may learn something from it so try it out. Cant get better than FREE!
- If you don’t know about biggerpockets yet then you need to jump on the band wagon. They have the most useful real estate investing forum out there and can be very useful for learning about all the different strategies of real estate investing. This free book is also meant for a beginner looking to get into Real estate investing. The book is ultimately a big pitch to get you on their forum but it also provides great basic info and provides links to valuable information on their forum. Definitely a good read for just starting out and good introduction to get on their forums and learn some more.
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- The main premise of this book is how to wholesale. Ely talks about the methods he uses to wholesale. They are quite effective for him but many would argue they are unethical or illegal. There is a fine line between what and how you should wholesale. It’s an interesting read for sure and if you want to get into wholesaling, you may benefit from some of the methods described in this book. Check it out, its FREE!
- This is quick read and provides valuable content on how to be an investor and stay happy. It’s quite psychological actually. It doesn’t really teach you how to invest in real estate but more what frame of mind you should be in. It’s an enjoyable book and has good reviews.
- This book touches on wholesaling as well and provides tips and tricks used to become a better investor. A more ethical approach then the above mentioned book NO BS Investing. Great for beginners with full-time jobs looking to start wholesaling.
- This book shows you actual real life examples, struggles and issues that he goes through when flipping houses. The book has great reviews and if you are interested in flipping houses, you should read this book to see what it can be like as a flipper. It does not provide step by step or a guide on how to flip.
These are the best FREE Kindle books you can find on Amazon right now that may actually teach you a thing or two about real estate investing. Check them out and let me know what you think. If you come across any other free books on real estate investing, let me know.
Check out these other posts:
- Top Reasons Why You Are Scared To Invest In Real Estate
- Fight of the Century: Flipping vs Buy and Hold
- All Posts
- A Step by Step guide: How to Buy a Turnkey Rental Property
- Is Buying a Turnkey Property More Expensive Then Doing It…
- What is a turnkey rental property?
FAQs
- The Book on Managing Rental Properties. ...
- The Book on Tax Strategies for the Savvy Real Estate Investor. ...
- Real Estate Rookie. ...
- How to Invest in Real Estate. ...
- SOLD: Every Real Estate Agent's Guide. David Greene. ...
- Wealth without Cash. Pace Morby. ...
- First-Time Home Buyer. Scott Trench & Mindy Jensen. ...
- The Book on Flipping Houses. J Scott.
What is the 1 rule in real estate investing? ›
For a potential investment to pass the 1% rule, its monthly rent must equal at least 1% of the purchase price. If you want to buy an investment property, the 1% rule can be a helpful tool for finding the right property to achieve your investment goals.
How to learn everything about real estate investing? ›
Taking a course.
Universities and real estate trade groups (the National Apartment Association, the Institute of Real Estate Management and the Building Owners and Managers Association, for example) are some of the best resources for grasping the fundamentals in this field.
What is the golden rule of real estate investing? ›
It was during this period that Corcoran developed what she calls her "golden rule" of real estate investing. This rule calls for investors to put 20% down on properties and then get tenants whose rent payments cover the mortgage.
What are the 3 most important things when looking to buy real estate? ›
The Top 3 Things to Consider When Buying a Home
- When you're shopping for a home, you're likely to visit multiple properties before you find The One. ...
- #1: Price. ...
- The sticker price. ...
- The cost of homeownership. ...
- Negotiation. ...
- #2: Location. ...
- Commute and accessibility. ...
- Neighborhood features, factors, and amenities.
Is reading good for property investment? ›
Reading could be one of the UK's hottest property investment spots in 2024 according to local estate agents. Average rental yields reached 5.55% in December 2023 according to Haslams, compared with prime London at 4.46% in December 2023 according to Maskell's.
What is the 4 3 2 1 rule in real estate? ›
Analyzing the 4-3-2-1 Rule in Real Estate
This rule outlines the ideal financial outcomes for a rental property. It suggests that for every rental property, investors should aim for a minimum of 4 properties to achieve financial stability, 3 of those properties should be debt-free, generating consistent income.
What is the 50% rule in real estate? ›
The 50% rule or 50 rule in real estate says that half of the gross income generated by a rental property should be allocated to operating expenses when determining profitability. The rule is designed to help investors avoid the mistake of underestimating expenses and overestimating profits.
What is the 80% rule in real estate? ›
What is the 80/20 Rule exactly? It's the idea that 80% of outcomes are driven from 20% of the input or effort in any given situation. What does this mean for a real estate professional? Making more money in real estate is directly tied to focusing your personal energy on the most high value areas of your business.
How do I educate myself in real estate investing? ›
Knowledge is power in real estate investing. Educate yourself on key concepts such as market trends, property valuation, financing options, and local regulations. Read books, attend seminars, join online communities, and learn from experienced investors.
How To Make Money In Real Estate: A Guide For Beginners
- Leverage Appreciating Value. Most real estate appreciates over time. ...
- Buy And Hold Real Estate For Rent. ...
- Flip A House. ...
- Purchase Turnkey Properties. ...
- Invest In Real Estate. ...
- Make The Most Of Inflation. ...
- Refinance Your Mortgage.
Is it better to invest in real estate or stock market? ›
Historically, the stock market experiences higher growth than the real estate market, making it a better way to grow your money. Stocks are more volatile than housing, making real estate a safer investment. Stock earnings are taxed as capital gains when realized. Stocks have no tangible value, whereas real estate does.
What is the 7 rule in real estate? ›
In fact, in marketing, there is a rule that people need to hear your message 7 times before they start to see you as a service provider. Therefore, if you have only had a few conversations with the person that listed with someone else, then chances are, they don't even know you are in real estate.
Why 90% of millionaires invest in real estate? ›
The government provides tax incentives to promote real estate investment, including deductions for mortgage interest, property taxes, and depreciation. These tax benefits can significantly reduce your overall tax liability, leaving you with more money to reinvest. Real estate investment is not a get-rich-quick scheme.
What is the 10X rule in real estate? ›
At its core, the 10X rule mandates that one should set targets that are 10 times what they initially thought achievable and then expend 10 times the effort to reach those targets. Origins: Stemming from the business world, its applicability has transcended sectors, with real estate being a primary beneficiary.
How can I learn the most about real estate? ›
What are the best ways to learn about Real Estate?
- Read books and blogs.
- Listen to podcasts and watch videos.
- Join online courses and webinars.
- Network with other learners and professionals.
- Practice with real data and scenarios.
- Here's what else to consider.
Which subject is best for real estate? ›
Real estate is a business, which makes the courses offered in a business degree very valuable. Business students take courses in business ethics, business management, business laws, marketing, and economics, to name a few.
What real estate is the most profitable? ›
Here are the five most profitable real Estate ventures and the key factors and trends contributing to their success.
- Residential Real Estate Development. ...
- Commercial Real Estate Investment. ...
- Real Estate Crowdfunding. ...
- Real Estate Technology ( PropTech) ...
- Short-Term Rentals and Vacation Properties.
What is the highest best use in real estate? ›
The Appraisal Institute defines highest and best use as follows: The reasonably probable and legal use of vacant land or an improved property that is physically possible, appropriately supported, financially feasible, and that results in the highest value.