Investing in real estate can be a great way to diversify a portfolio while adding hedge against market volatility. Real estate is not directly related to the market, so when stocks rise and fall, real estate investments can guarantee the stability of a portfolio. There are different ways to invest in real estate, from real estate investment trusts to turnkey properties and multi-family leases, and each has its nuances to learn. Reading books on real estate investments is one way to learn the details before diving. Take a look at these amazing books on real estate investing:
1. The Millionaire Real Estate Investor by Gary Keller
This practical book emphasizes that the first step in creating wealth is to learn and understand the basic truths and patterns that determine financial wealth. Drawing on a collection of wisdom and experience from over 100 millionaire investors who have achieved financial wealth through various investment methods, The Millionaire Real Estate Investor offers a simple and easy-to-read guide that reveals effective strategies.
This real estate investment book is very motivating. This gives you an idea of the investment possibilities and makes you want to run away and get started. It covers all the basic information for people just starting their financial journey.
2. The House Hacking Strategy by Craig Curelop
How would you like someone else to pay your rent or mortgage? How would you like to learn how to hack the system and live for free or with little or no money out of pocket? These are secrets that even successful property dealers don’t know about.
This sounds incredible, as it is completely possible with domestic hacking. When you master this, it will save you thousands of dollars in monthly expenses, allowing you to invest your hard-earned money elsewhere instead of spending it on rent or mortgage.
3. Shift: How Top Real Estate Agents Tackle Tough Times by Gary Keller
Gary Keller’s book, Shift, discusses the ever-changing real estate market and how real estate professionals need to change their mindsets to adapt and prosper. Even in a recession, Keller offers 12 simple and clear strategies to illustrate exactly how to weather the storm while increasing market share. The book also covers creative solutions for financing, expense management, and “dominating the market of the moment.” Real estate agents will greatly benefit from reading, Shift, following 12 proven strategies to succeed in any real estate market.
4. Your First 365 Days in Real Estate by Shelley Zavitz
Shelley Zavitz is a successful real estate agency that started in the real estate sector relatively late. Knowing how difficult it is for those beginning to turn their license into a profitable business, he is now dedicated to helping others along the same path. As she says, “The first 365 days working in real estate can be one of the most tumultuous periods of your career. Just because you have a license doesn’t mean you have a business.” In this first book, she explains what to expect the first year of her career; how to implement systems that will impact your business over the next 90 days; how to build a marketing plan; and why surrounding yourself with the right people is essential.