Investing in real estate can be a great way to start or grow your portfolio and earn extra income. There are many ways to begin investing in real estate: You can invest passively and profit without regular involvement by investing in REITs or crowdfunding, or you could invest actively, as a rental property investor – by managing properties, flipping houses, renting, or listing spaces as Airbnbs.
If you’re interested in real estate rental property investing or if you’re already investing and looking for tips to grow your portfolio, seeking advice from experts is a great way to learn. These are some of the best books for rental property investors to help you get started.
Best Overall: Real Estate Investing QuickStart Guide
This new guide to real estate investing by Symon He touches on all aspects of this industry—from property analysis to the intricacies of commercial real estate investing. He walks readers through the first steps of how to look for the right properties, how to manage day-to-day activities (as a landlord or passive investor), and explaining the responsibilities of safely investing, both actively and passively.
He offers a balanced approach to navigating the world of real estate investing, explaining complicated topics to beginners while including insights that will appeal to even the savviest of investors.
Best for New Landlords: Investing in Rental Properties for Beginners
Beginners looking for the basics of finding, buying, updating, and renting a property will enjoy Lisa Phillips’ 2018 comprehensive guide on real estate investment strategies. Phillips’ writing is very approachable. She breaks down complex real estate topics into simple, easy-to-understand actionable plans. This book is designed for individuals who may not have thought of becoming a landlord was a possibility.
Phillips shares strategies on how to better analyze properties so you can quickly calculate risk and potential growth opportunities. This book also offers insight on managing several properties while also contributing to the community.