If you are a new real estate investor (or even a seasoned property owner), reading books and taking courses about real estate investing can help you navigate the challenging (yet profitable) business and put you on a path towards success.
Because the industry frequently changes with updated technology and market fluctuations, investors must make sure they stay up to date and well-informed about the best ways to buy properties and manage them for success.
What are the best real estate investing books and courses? Our expert Englewood property managers give our best recommendations here!
Learn How to Invest In Real Estate With the Right Resources
What's the best way to get starting with real estate investments? There are different ways to invest—from real estate investment trusts (REITs) to multifamily or single-family rental properties and turnkey properties. Each has its own nuances to learn, so where can property owners find the information they need for success?
The best books on real estate investing can help you gain a solid foundation of knowledge so that you feel confident starting your Englewood real estate investing career. When you're ready to start reading, start with the following books!
The Best Real Estate Investing Books for 2022
"Rich Dad, Poor Dad" by Robert T. Kiyosaki is a well-known book many investors include in their resource library. While it's not entirely specific to real estate investing, it's known as one of the best general reads on personal finance and investing--with plenty of insights that real estate investors can put into practice for success. In this book, you'll learn how to use real estate to build passive income and a strong portfolio that generates consistent long-term returns.
If you're considering trying your hand at fix-and-flip investments, check out "The Book on Flipping Houses" by J Scott. This is an excellent resource to learn the essentials of buying, rehabbing, and reselling residential investment properties. With the insights in this book, investors have the strategies they need to build investment income from flipping houses. You might even learn enough to one day quit your 9-5 job!
Then, while not everyone becomes a millionaire real estate investor, reading "The Millionaire Real Estate Investor" by Gary Keller can give a property owner insights into how the big-time moguls generate massive wealth through real estate. In this book, you'll learn why you don't need a million dollars to start investing and create the investment income you want to enjoy.
The Best Real Estate Investing Courses for 2022
Property managers know that the right books can significantly enrich an investor's knowledge about real estate investing. In addition, taking the right courses can also benefit your understanding of how to become a successful investor.
To gain insights into the fundamentals, try the "Fundamentals of Analyzing Real Estate Investments" through Udemy. This is an excellent resource to learn more about evaluating the potential returns for fix-and-flips or residential rental properties. Complete with multiple on-demand videos and downloadable resources, this low-cost educational investment in your knowledge can pay off with smart rental property purchases that set you up for success.
Udemy also offers an excellent course for new investors, "The Real Estate Financial Modeling Bootcamp." This short course helps property owners learn how to build a financial model to analyze potential returns for different types of real estate investments. Make sure you also have access to Microsoft Excel to benefit from the course!
Duke University also offers an excellent online course called "Increasing Real Estate Management Profits: Harnessing Data Analytics." Through this course, investors learn how to model and analyze potential returns for properties to estimate cash flow and profits. However, this course can be a lot to digest for new beginners. It can be most appropriate for seasoned investors ready to get more out of their properties.
Learn From the Best Experts
In addition to courses and books, connecting with a local property management company can be one of the best resources to build knowledge and experience more success as a real estate investor. Choosing property management experts that know the Englewood and Gulf Coast areas means you have additional insights that can't be found in books or online courses. In addition, a well-rounded and ongoing education helps new and seasoned investors purchase better properties and experience excellent returns!
Choose the Best Englewood Property Management Company to Learn the Most!
Working with one of Englewood's best property management companies can help fill in the gaps where books and online courses can't deliver strategies based on local insights. The right property manager helps enhance what you learn through the resources we've mentioned here! When you're ready to start learning how to invest in real estate or grow an existing portfolio, Gulf Coast Property Management is here to help. Our residential property management services help rental property owners find better properties, place excellent renters, and set the ideal rent amount for ideal ROIs. Reach out soon to learn more about how we help owners succeed through rental property investing!