From managing your rental properties to growing your property portfolio and earn more money.
Investing in properties is one of the many ways to earn extra income and build a promising career. If you are currently in the property investment industry and have one or multiple rental investment properties in Australia, seeking advise and self-educating to grow and properly manage your portfolio is a great way to learn.
We have compiled some of the great books for property investors below.
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Investing in Rental Properties for Beginners
In this book – starters will understand the basics of sourcing, buying, renovating, and renting a property. A comprehensive guide on real estate investment strategies is also covered here.
Complicated real estate topics into simple, and easy-to-understand actionable plans are one of the best insights you can find in this book. This is great for people who never considered being in this industry in the 1st place.
Strategies on how to better analyze properties so you can quickly calculate risk and potential growth opportunities are also included. This book also offers insight on managing several properties while also contributing to the community.
Real Estate Investing QuickStart Guide
This new guide to real estate investing by Symon covers all aspects of this industry—from property analysis to the complexities of commercial real estate investing.
You will find 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.
With his balanced approach in going through all the hoops of property investing, explaining complicated topics to beginners while including insights that will appeal to even the savviest of investors.
The Book on Tax Strategies for the Savvy Real Estate Investor
As certified CPAs and real estate investors, Amanda Han and Matthew MacFarland offer first-hand insight and advice on how real estate and investing taxes work, providing the foundation you need before you invest.
This 2020 tax guidebook is targeted at novice real estate investors but can be helpful to mid-level investors as well. Han and MacFarland draw real-world examples to explain complex tax laws, making it easy for readers with no background in real estate, investing, or finance to understand tax codes and make decisions that will favor them financially.
The Book on Rental Property Investing
If you don’t have time to manage a property or work as a landlord, passive investing might sound more appealing to you.
This book of Brandon Turner’s 2015 passive investment guide provides the educational foundation you’ll need to understand the investing and real estate world before diving into different passive investing strategies.
It offers an objective view of common real estate strategies, allowing you to decide which method best suits your lifestyle, financial goals, and current budget. The author started renovating and selling houses at age 21 and currently co-hosts the BiggerPockets podcast.
Buy It, Rent It, Profit!
Successfully renting multiple properties as a landlord or property manager takes time and effort, which is why Bryan Chavis’ 2017 book explains how to make money while managing rentals.
This book details how to set yourself up for success but provides a formula and advice to help you make the right buying decisions. It tackles how to market your properties, manage properties and tenants, and grow your rental portfolio.
Chavis shares his knowledge learned over the years as a founder of The Landlord Property Management Academy and top property management coach for Keller Williams. This provides detailed advice on all aspects of becoming a landlord and even offers sample contracts, letters of intent (LOIs), and other legal forms.
Hold: How to Find, Buy, and Rent Houses for Wealth (Millionaire Real Estate)
The most important aspects of investing in real estate are knowing how to read the market, understand property values, and assess risk before committing to any investment, passive or active.
This book is written by 6 investment specialists and will help you better understand what to look for in a property to minimize risk.
“Hold” will take you through every stage of the buying process: finding the right properties, calculating the costs and anticipated ROI, buying properties, and then holding these investments to maximize your profit long-term.
Published in 2012, but still offers a strategic formula designed to help both new and current real estate investors find rental properties that will remain profitable for years to come.
Gil Elliott is the Managing Director and Founder of Positive Income Properties. Gil has a rich background in business consulting and property investment. All of these he gained in his nearly four decades of experience in the real estate and marketing industries.
