Over the past three or four years I have read many books on real estate investing, business, economics, entrepreneurship and more. I like to read just about anything that I believe I need to improve on or will help me in the long run.
Learning from the mistakes and experience of others that have been there and done that is so powerful. If you want to get anywhere in life and achieve your goals it all starts with knowledge. Investing in yourself is is a first step that any real estate investor or entrepreneur should take.
Some of these books I have only read once and some I have read multiple times to really absorb the concepts. The books in this list are on a variety of topics that helped me and ones that I believe will help you to achieve your goals. These books are good reads whether you are a beginner or more experienced. Without further a due, here is a list of my top books.
If we encounter a man of rare intellect, we should ask him what books he reads.
–Ralph Waldo Emerson
Author: Alexandra Black (DK)
Want to learn how to start a business but don’t know much about running a business or how they work? This book is perfect for learning about the different types of businesses, how they operate, and every aspect that goes into a business. The best part is all of these concepts are broken down into simple, easy to understand visuals. If you like books with a lot of pictures, this one is for you.
Understanding economics goes hand and hand in understanding business and investing. I love these types of books (with a lot of pictures) and how they simplify the complex concepts. Written by the same company as “How Business Works” this is another great book to learn through visual concepts.
Whether you are looking to start a small business, invest in the stock market, or just understand the basics of economics, How Money Works is a completely comprehensive guide that will help you make sense out of your dollars.
Author: Chris Guillebeau
The $100 Startup is part of what lead me to create this website. I wanted to turn my passions into a business. This book doesn’t provide a lot of the technical aspects of starting a business. What it does provide is a way to get you thinking about starting a business with little money.
The book is written to guide readers through lessons by telling them stories of real entrepreneurs and how they started their businesses. There are exercises and worksheets throughout the book that you can stop and think about. The book changes your mindset and gets you writting down ideas. It is a good read if you want to start a business with little money.
Author: Bryan M. Chavis
Bryan shares his story that I can really relate to. Bryan grew up with severe learning disabilities, which included Dyslexia and Attention Deficit Disorder (ADHD). Early on as a child in grade school Bryan sat with his desk placed in the back corner of the classroom, a used refrigerator box was placed over him and his desk with a hole cut out in the front. Everybody including his teachers told him he wouldn’t amount to nothing……..Guess they were wrong.
Now updated for today’s bullish real estate market, this is the go-to, classic entrepreneurial guide for landlords and real estate investors who want to buy and manage rental properties for long-term wealth.
Author: Entrepreneur Press
It really might be the only startup book you’ll ever need. The book is packed with useful information on the technical aspects of starting a business. Additionally, this is one of my favorite guides to learning how to be an entrepreneur and start your own business.
This is one of those book publishing companies that writes tons of great books. They have other good books out there like Write Your Business Plan.
#5 The Book on Rental Property Investing: How to Create Wealth and Passive Income Through Intelligent Buy & Hold Real Estate Investing!
Author: Brandon Turner (BiggerPockets)
This is overall a good book for beginners that are interested in buy and hold investing. The book really goes into detail on all aspects of rental properties. It provides easy to use strategies that anyone can use to get started buying rental properties.
Author: Tony Robbins
All Tony Robbins books are worth reading in my opinion. Unshakeable is a best-selling book written by Tony Robbins who is a best of the best selling author.
Although Tony is quite the businessman most of this book is comprised of information that he got from researching and interviewing the best of the best businessmen. He packs all their knowledge and principles into this step-by-step playbook to really take control of your finances.
Tony Robbins takes you on a journey to transform your financial life and accelerate your path to financial freedom. He talks about how to become “Unshakeable” – someone who can not only maintain true peace of mind in a world of immense uncertainty, economic volatility, and unprecedented change, but who can profit from the fear that immobilizes so many. I highly recommend this as a top personal finances book for anybody including beginners to take a look at.
Author: Rick Villani and Clay Davis (McGraw-Hill Education)
The first real estate investing book I read and probably my favorite book on flipping houses. I highly recommend this book for beginners who want to get into flipping. This book walks you through a simple step-by-step the process of flipping houses. It is laid out very well so that you can understand the basic fundamentals of each phase of the process.
This is one of those books that I have read more than once and you can easily use it as a reference when you are first starting out.
Author: Dale Carnegie
Even though How to Win Friends and Influence People is a personal development book, the lessons are very helpful to use in all aspects of your life including business. The principles taught in this book really come in handy. Especially when it comes to negotiating and networking with people.
This book is good to read too, but I liked listening to the audiobook version. This book has been around for a long time and learning the fundamentals will take you far. I also recommend the new updated version How to Win Friends and Influence People in the Digital Age.
#1 Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
Author: Robert Kiyosaki
If you ask real estate investors what their favorite book is. I’d say the majority of them will say Rich Dad Poor Dad. Just look at the over 7,000 reviews it has on amazon and you will know why this is a best selling personal finance book.
The book tells a story of a young boy with two father figures with opposite viewpoints. This story really simplify everything you need to know about why the rich are rich and why the poor are poor. Understanding the difference between being rich and being wealthy is something that most people fail to see. It is a must read for new real estate investors to understand how to build wealth.
Other Books Worth Mentioning
The Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties (BiggerPockets Presents…)
Author: J. Scott
This is probably my Second Favorite book on flipping houses. If you get this book, it is well worth it to also get “The Book on Estimating Rehab Costs“, Probably the biggest challenge that most people have with flipping houses is estimating rehab costs accurately enough. This add-on book walks you through every step of the process of getting estimates.
Author: Entrepreneur Press
As I mentioned earlier, Entrepreneur Press has some good books for aspiring entrepreneurs who wanna learn. The first step in starting a business is to create a business plan. This book lays out how to decide your product, your strategy, your market, your team, and your opportunity. It is the blueprint for your business.
Author: Ralph R. Roberts and Joeseph Kraynak (For Dummies)
You can’t go wrong with the For Dummies books. The company is always making quality informative books on just about everything you can think of. They are always revising them to keep up with the times.
Author: McGraw-Hill Education
Not one of my absolute favorite books on real estate investing but it is worth mentioning and does provide some useful information. A lot of the book is motivational and helps you get into the mindset of a real estate investor a lot like Rich Dad Poor Dad. The book is pretty long and even though I wouldn’t recommend it as one of the first books to read to read as a beginner you might wanna pick it up later on down the road.