Being a real estate agent is mostly a commission-based profession, which makes it essential to be on top of the newest trends, strategies. And needs of your target audience at all times. Therefore, to be good, you need to be aware of the best books of all time and other resources written by experienced professionals, read them, learn, and keep yourself continuously updated. However, with your busy schedule, it is not practical to read every book on the subject. Here in this article, Ez Help Assignment investigators have listed 3 of the best books of all time written about real estate investing and selling, along with a brief snippet on what they contain. These are must-reads for anyone in the industry or anyone hoping to get into it.
“Building Wealth One House at a Time” by John Schaub
This book mainly targets the newbies to the real estate investments, covering the basics in profound and comprehensive ways. Topics covered in this book include finding deals, negotiating the deals effectively, the core principles of the subject, how to strategize an investment deal, obtaining financing successfully without the hassle, and also the proper management of the properties that you acquire. Moreover, you can gain insight into the contracts and other legal aspects of real estate investments through this book as well.
One of the key features of “Building Wealth One House at a Time” is the emphasis on how to navigate through the real estate industry without going into deep debt. He also goes into great detail about finding the perfect house with a high return on investments. For instance, if you intend to rent out the property, you must find a home that appeals to tenants who are looking for a long-term rental.
“The Book on Flipping Houses” by J. Scott
Flipping Houses, or purchasing a property with excellent value and quickly reselling it for a profit is a method used by real estate agents. To make a significant profit over a short amount of time. Houses purchased with the intention of flipping often undergone quick improvements and upgrades, which surges the price of the property.
“The Book on Flipping Houses” by J. Scott covers selecting the right house to flip for beginners and experienced real estate investors alike. He speaks in-depth on the kind of improvements that can make to the house flipped, which adds the best value at the lowest cost. The best books of all time also contains clear instructions on how to secure financing for those needed and adequately analyzing the deals. To ensure that they give the highest return on investment in a short duration. Furthermore, the book covers more advanced processes done by experienced real estate professionals to gain the best profits.
The way the book wrote, it can be successfully referenced by both the beginners to the industry and those who have experience as well. J. Scott has compiled a comprehensive set of valuable information on choosing the right niche market. According to the budget, location, and other factors that contribute to finding just the right property to invest in. He has added plenty of insider tips on how to analyze the market as well correctly. Many readers who experienced real estate investors have commented on how surprised they were about the things. They found about their markets after they used the strategies mentioned in the book.
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“Every Landlord’s Legal Guide” by Marcia Stewart, Ralph Warner and Janet Port man
Being a landlord comes with a high number of duties and responsibilities. There is more to it than simply collecting a check from the tenants. When it comes to contracts and the legal aspect of property ownership, management, and renting out, the more you know, the better. It is the principal focus of this book, targeting both the new landlords and those with more than one property with years of experience.
You can get in-depth knowledge of both the legal and contractual aspects of renting out a house through this book. Renting out a home that you own to a tenant may seem quite simple. But if you do not know your way around contracts and legalities. It has the possibility of turning into a negative experience soon.
A correctly done rental agreement delegates any legal and other responsibilities to the tenants directly put forth the terms and conditions. about terminating the contract or evicting a tenant, resolving any disputes, returning the security deposit, and any liabilities included and more depending on personal circumstances. This book covers different legalities in different states, making it a comprehensive “cheat sheet” for any landlord.