Learning about real estate investing takes time and patience. There are different ways to invest in real estate—from real estate investment trusts to turnkey properties to multifamily rentals—and each has its own nuances to learn.
To navigate the tricky business and put yourself on a path toward success, we recommend reading books and taking real estate investing courses to build your knowledge.
What are some of the best courses and books for real estate investors in 2023? Check out our list!
Real Estate Investing Books To Help You Succeed
If you're a reader, there are plenty of books to help you learn about real estate investments, from types of investments to strategies and tips from successful investors. Check out these titles if you're looking for a good place to start.
"The Book on Rental Property Investing" by Brandon Turner
For real estate investors, one of the most popular strategies is rental property investing. "The Book on Rental Property Investing" is a comprehensive guide that explains everything you need to know about succeeding with rental investments as a means of generating cash flow.
This book covers everything from property selection to financing, tenant management, and tax strategies. Brandon Turner, an experienced investor, and co-host of the BiggerPockets podcast, shares his knowledge and insights, making this book a must-read for aspiring rental property investors.
"Rich Dad, Poor Dad" by Robert Kiyosaki
"Rich Dad, Poor Dad" is a treatise on how to build and grow wealth by investing in tangible assets, such as real estate.
This influential book emphasizes the importance of financial education and challenges conventional beliefs about money and wealth. Through personal anecdotes and practical advice, Kiyosaki encourages readers to adopt a mindset focused on building assets and generating passive income. This timeless classic has helped millions of people shift their perspective on wealth creation and is a great starting point for anyone interested in real estate investing.
"The Millionaire Real Estate Investor" by Gary Keller, Dave Jenks, and Jay Papasan
Drawing on the wisdom of more than 100 millionaire real estate investors, "The Millionaire Real Estate Investor" creates a handbook for building wealth through property.
This book provides a comprehensive overview of different investment strategies, including flipping, rental properties, and commercial real estate. In addition, it covers the fundamental principles of successful investing, such as finding opportunities, creating a business plan, and managing properties effectively.
Whether you're a beginner or an experienced investor, this book offers valuable insights and practical guidance to help you achieve financial success in real estate.
Real Estate Investing Courses to Enhance Your Expertise
In addition to the excellent books we've mentioned, many online courses can help add to your knowledge of investing in real estate. Here are a few of the best courses for 2023.
"The Real Estate Financial Modeling Bootcamp" by Udemy
If you're new to real estate investing and want to build a solid foundation, "The Real Estate Financial Modeling Bootcamp" is a beginner-friendly course that covers all the necessities for building a real estate investment business.
This course teaches you how to analyze real estate investments, create financial models, and make informed investment decisions. With hands-on exercises and practical examples, you'll gain the skills needed to evaluate potential investment opportunities and maximize returns.
"Fundamentals of Analyzing Real Estate Investments" by Udemy
For a more in-depth exploration of real estate investing, "Fundamentals of Analyzing Real Estate Investments" is an excellent course.
It covers both basic and advanced skills required for successful investment analysis. You'll learn how to evaluate property cash flows, calculate investment returns, assess risk, and conduct due diligence. With real-world case studies and interactive exercises, this course continues to deepen your understanding of real estate investment analysis and equips you with the tools to make informed decisions.
"Increasing Real Estate Management Profits: Harnessing Data Analytics" by Coursera
For experienced specialists looking to optimize returns from rental properties, "Increasing Real Estate Management Profits: Harnessing Data Analytics" is an advanced property investing course.
It focuses on leveraging data analytics to improve property management efficiency and increase profitability. You'll learn how to utilize data-driven strategies for pricing, marketing, tenant screening, and maintenance. By harnessing the power of data, you can enhance your property management skills and achieve higher returns on your real estate investments.
Bonus Resource: A Detroit Property Management Company
In addition to books and courses, partnering with a Detroit property management company can be an excellent resource for building your knowledge and optimizing returns from rental properties.
Detroit, known for its affordable housing market and potential for strong rental yields, offers great investment opportunities. Property managers specializing in the Detroit market can provide valuable insights, handle tenant screening and management, ensure property maintenance, and navigate local regulations.
Apply Knowledge from Real Estate Investing Books for Success
Investing in real estate can be a profitable venture, but it requires knowledge, strategy, and the ability to adapt to a dynamic industry. Reading books and taking courses on real estate investing can provide valuable insights, strategies, and skills necessary for success.
In addition, by leveraging the expertise of Detroit real estate experts like Own It Detroit, you can focus on expanding your real estate portfolio and leave the day-to-day management tasks to professionals. So if you're ready to experience the benefits of investing in Detroit, reach out to our team!
Learn more about managing rental properties for success in our free resource, "How to Invest In Real Estate: A Guide."