List making often takes center stage with the holidays coming. If you are looking for a gift for yourself or others – and seeking to learn more about investing in real estate -consider these seven classic and classic-in-the-making books:
1. Real Estate Investing for Dummies by Eric Tyson (originally published 2004, revised 2015). The “Dummies” series gives step-by-step advice to newbies and the experienced on all subjects; this book on real estate is no different. The focus is on actionable tips and tricks to find, finance, rehab, and manage income-producing properties.
2. Rich Dad Poor Dad Robert Kyosaki (1997). The Rich Dad books, lectures, and roadshows started with this book, penned by Robert Kyosaki as a series of parables. The author advocates the importance of financial literacy and independence by building a business focused on owning real estate.
3. The Book on Rental Property Investing by Brandon Turner (2015). Turner, host of the BiggerPockets real estate podcast, provides financing ideas for the cash poor, and “How to achieve success without touching a toilet, paintbrush, or broom.”
4. The Millionaire Real Estate Investor by Gary Keller (2005). The book provides general guideline and strategies for long-term success for the first-time or start-up investor in single-family homes.
5. The Unofficial Guide to Real Estate Investing by Martin Stone (2000). The “Unofficial” guide contains charts and checklists for how to develop an investment plan, create cash flow, and minimize taxes. The book focuses on investing in both multi-family and single-family properties.
6. The Wall Street Journal’s Complete Real Estate Investing by David Crook (2006). According to the Journal, this slick production shows people “how to make safe and sane investments that ensure a good night’s sleep as your real-estate portfolio grows, your properties appreciate and your income increases.”
7. What Every Real Estate Investor Needs to Know About Cash Flow by Frank Gallinelli (2003). This is a book for the numbers: formulas to help measure capitalization rate, cash-on-cash return, discounted cash flow, internal rate of return, net operating income, net present value, return on equity, and more.
For more information on why your should consider investing in a professionally managed portfolio of single-family homes, please contact Harold Willig at 917-209-4452 or firstname.lastname@example.org
Harold Willig is the Manager of SpringView Investment Management, LLC, which he founded in 2012. Mr. Willig also served as HFZ Capital Group’s Chief Financial Officer, and was responsible for the oversight of HFZ's Finance and Accounting team. He has over 16 years of finance and accounting experience. Mr. Willig also ran a consulting practice and provided valuation, analysis, and transactional support services to multi-billion dollar real estate companies. Previously, Mr. Willig served as the Senior Controller and Vice President of Financial Analysis and then the Chief Financial Officer of the Athena Group, a multifamily development company and fund manager.