7 Best Books On Rental Property Investing for Beginners

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By Ben Mizes Updated October 20, 2021


Becoming a real estate investor can be a lucrative and exciting venture. However, the business can also be extremely complicated and risky — especially if you’re a beginner. To help you take the first steps here are several great books that will provide invaluable information.

7 Best Books On Rental Property Investing for Beginners

Books are one of the best resources when it comes to learning about real estate investing. And especially if you are a beginner investor, you’ll want to absorb all the information possible and learn every method, tip, and trick in the real estate world.

As real estate investing is a complex and ever-changing industry, your continuous learning of the real estate landscape works to your advantage and through books, you can learn from other investor’s experiences, successes, and most importantly, their mistakes.

There are countless real estate investing books out there, but to save you the effort of reading a 300+ page book to find it wasn’t helpful at all, here are seven great real estate investing books that are perfect for beginner investors and will help you start your investment venture.

1. Long-Distance Real Estate Investing by David Greene

In this book, author, experienced investor, and real estate agent David Greene, teaches you how to invest in absolutely any market location. So if your area isn’t ideal for real estate investing, David Greene will show you how to successfully invest out-of-state.

Greene will also teach you how to build a reliable and talented team that can finish a project without you being in the same location and how you can use technology to stay in the loop.

He’ll share his tips and tricks from his experience of rehabbing over 20 rental properties and guide you through the basics of learning to read real estate market trends, how the hiring process works, and how you can find the best deals.

2. The Book on Rental Property Investing by Brandon Turner

Considered a "must-read" in the world of real estate investing, Brandon Turner’s The Book on Rental Property Investing will show you the ropes of rental property investments.

Turner not only discusses methods for creating wealth through real estate investing but also touches on why so many investors fail and how you can avoid these same pitfalls.

You’ll learn four straightforward investing techniques that you can implement immediately as well as how you can find success in even competitive real estate markets.

The book is an easy read as Turner takes you step-by-step through the entire real estate investing process.

3. The Millionaire Real Estate Investor by Gary Keller

Gary Keller provides both first-time and seasoned real estate investors an invaluable resource with The Millionaire Real Estate Investor.

Keller’s book is comprised of advice and stories from over one hundred millionaire investors. You’ll learn from each individual's experience and how they created immense wealth through real estate investing and how they spot opportunities.

The book also focuses on what might be holding you back from starting and the myths that surround investing. You’ll learn different approaches and strategies that the millionaire investors use themselves to grow their business and expand their network.

The Millionaire Real Estate Investor is an honest and easy-to-read book that will encourage you to begin your own journey and help you utilize effective investing strategies.

4. Every Landlord’s Legal Guide by Marcia Stewart, Ralph Warner, & Janet Portman

Real estate investing can get complicated quickly — there’s a lot of legalize, real estate jargon, and complex finances that can easily overwhelm any beginner real estate investor.

With the Every Landlord’s Legal Guide you’ll get an in-depth and detailed overview of state laws and rules that surround rental property investments.

The book specifically addresses common issues landlords will have to contend with including collecting rents, evicting tenants, preparing leases, hiring a property manager and other staff, handling broken lease agreements, and how to keep up maintenance.

With this book, you’ll have a comprehensive guide and valuable tool to help you succeed investing in rental properties.

5. How to Be a Real Estate Investor by Phil Pustejovsky

Author Phil Pustejovsky is considered one of the most trusted real estate investor coaches in the country and hands out indispensable information in his book, How to Be a Real Estate Investor.

An easy-to-follow guide, this book walks you step by step on how to become a real estate investor no matter your financial situation or your experience.

Positive reviews describe the book as "inspiring," "motivating," and "great for young investors and beginners."

6. What Every Real Estate Investor Needs to Know About Cash Flow—And 36 Other Key Financial Measures by Frank Gallinelli

Frank Gallinelli gives an extensive overview of how to manage your finances by crunching the numbers.

What Every Real Estate Investor Needs to Know About Cash Flow—And 36 Other Key Financial Measures provides you with specific formulas and shows you how to gain insights from analysis and data.

The book will touch on topics like discounted cash flow, capitalization rate, profitability index, net operating income, and net present value, to name a few.

Gallinelli will also cover general concepts in real estate investing and use case studies to show you examples of how these ideas work in the real world.

7. Loopholes of Real Estate by Garrett Sutton

Loopholes of Real Estate will show you how to protect yourself legally as a real estate investor as well as divulge how wealthy investors use tax loopholes to gain lucrative earnings from real estate properties.

Through examples, you’ll be able to glean tips on how to use taxes and real estate investments to help you make money and earn substantial profits.

Partner with a Real Estate Agent

While each of these books can provide excellent tips and strategies on getting started in real estate investing, before you write out a check, consult with an experienced real estate agent who can help guide you throughout the entire investing process.

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