The Best BiggerPockets Books for Your Real Estate Investing Business (2024)

There are literally thousands of real estate books on the market today, and trying to separate the best from those that can easily be passed on can be tough. To help, BiggerPockets has compiled a list of our top books in the real estate genre, based on popularity from our members throughout the BiggerPockets Forums, Blog, the BiggerPockets Facebook page, and more.

Many of these books have changed lives (and many have even changed mine)—and we hope they will do the same for you.

Best General Real Estate Investing Books

FREE:The Ultimate Beginner’s Guide to Real Estate Investing by BiggerPockets

OK, fine. This isn’t exactly a book. But it is an extraordinary resource for new investors. The real estate investing niche is so huge. The Ultimate Beginner’s Guide was created to help new investors learn the best ways to get started and find their place.

This FREE guide includes eight chapters, each focusing on a different area of your investing strategy. From real estate investing education to creating your plan, choosing your niche, financing, and exit strategies—this guide will help break down the barriers and help you figure out exactly how to get into the game. Click here to get it for FREE now!

Recommended For: Beginners and Intermediate Investors

The Book on Rental Property Investing by Brandon Turner

When writing The Book on Rental Property Investing, I had one goal in mind: to give you every strategy, tool, tip, and technique needed to become a millionaire rental property investor—while helping you avoid the junk that pulls down so many wannabes!

Written for both new and experienced investors, this book will impart years of experience through the informative and entertaining lessons contained within. You’ll find practical, up-to-date, exciting strategies that investors across the world are using to build wealth and significant cash flow through rental properties.

The Book on Rental Property Investing comes with eight hours of video bonus content, as well as an audiobook version and numerous interviews with expert investors. Click here to order on BiggerPockets.

Recommended For: Everyone who wants to buy rental properties

The Book on Investingin Real Estate with No (and Low) Money Down by Brandon Turner

Looking to get started without a lot of money? Or looking to take your business to a whole new level? Then don’t miss The Book on Investing in Real Estate with No (and Low) Money Down written by… me! 🙂 Unlike nearly every “no money” book ever written, this book does not teach just one strategy for creative finance. Instead you’ll learn numerous strategies for using your creativity to invest, rather than cash.

You’ll learn:

  • How an owner-occupied investment property can get you investingfor as little as $0
  • How to find and utilize partners to grow a thriving investment business
  • How and when to use hard money, private money, or bank money to fund your deals
  • How to get started finding great deals and wholesaling for quick (but not always easy) cash
  • And TONS more!

Honestly, we believe this book has the power not only to change your life but to change the real estate industry as a whole. Investing with no money is NOT easy, it’s not stress-free, and it’s not quick. However, as this book will teach you, it’s not a myth either. Click here to order it right now!

Recommended For: Beginner, Intermediate, and Advanced Investors

Retire Early With Real Estate by Chad Carson

Are you stuck in the rut of a 9-to-5 job? Would you like to do more with your life than just work to pay the bills? Retire Early With Real Estate provides practical, proven methods to quickly and safely build wealth using the time-tested vehicle of real estate rentals. Experienced real estate investor and early retiree, Chad Carson, shares his tried-and-true investment strategies to create enough passive income to retire at 37 years old.

Packed with specific strategies, tips, and techniques you may have never learned before, this book will help you forge a new path toward your retirement. Learn from more than 20 real estate investors and early retirees profiled in this book—retiring early is possible with a step-by-step strategy at hand. Click here to order!

Recommended For: Beginner, Intermediate, and Advanced Investors

The Best BiggerPockets Books for Your Real Estate Investing Business (1)

The Best BiggerPockets Books for Your Real Estate Investing Business (2)

Best ‘Specialty’ Books on Real Estate Investing

Bidding to Buy: A Step-by-Step Guide to Investing in Foreclosures at Auction by David Osborn & Aaron Amuchastegui

Welcome to the world of buying foreclosed homes at auction—a real estate strategy that lets you remove the middleman, decrease your competition, and buy at a discount.

Bidding for properties on the courthouse steps while competing in real-time with other investors is a thrilling experience. There’s nothing like it in the world of real estate, but there’s also a lot to learn. With dozens of insider auction secrets that are proven to help maximize returns, Bidding to Buy will show you the skills you need to successfully bid at auction, then turn a healthy profit on your investment. Click here to pre-order!

Recommended For: Beginner, Intermediate, and Advanced Investors

The House Hacking Strategy by Craig Curelop

Don’t pay for your home—hack it and live for free! Savvy investors have been using a clever strategy in real estate for decades—and now, you will learn exactly how to perfect this trade secret!

When mastered, house hacking can save thousands of dollars in monthly expenses, build tens of thousands in equity each year, and provide the financial means to retire early. In fact, the average house hacker can turn a single-family home or small multifamily property into a cash-flowing investment. You can collect rent that completely covers your living expenses—and then some! Click here to get this book.

Recommended For: Beginner and Intermediate Investors

Best Real Estate Flipping Books

The Book on Flipping Houses and The Book on Estimating Rehab Costs by J Scott

Sometimes don’t you just want a step-by-step “textbook” on how to do something? These are exactly that. Written by fix and flipper J Scott, The Book on Flipping Houses contains a detailed flipping blueprint perfect for both the complete newbie or seasoned real estate pro looking to build a profitable house flipping business. Learn everything you need to build a profitable, efficient house flipping business in a practical and easy-to-follow approach—all in one single book!

And in J’s complementary title, The Book on Estimating Rehab Costs, discoverhow to accurately estimate all the costs you are likely to face during renovation—and get all of your rehab questions answered in a single place!

In addition to the great books, J also includes some pretty awesome features with it, including:

  • Scope of work and estimation worksheet
  • Rehab analysis worksheet
  • Sample flipping chart of accounts for Quickbooks
  • Form W-9
  • Independent contractors agreement
  • Appraisal package
  • Inspection checklist
  • Lien waiver

I don’t need to go on and on about them here because there is a whole page dedicated to iton BiggerPockets. However, just trust me: These books will teach you everything you’ll ever need to know to successfully flip a property.

Recommended For: Beginner, Intermediate, and Advanced Investors

Best Books on Landlording

The Book on Managing Rental Properties by Brandon and Heather Turner

No matter how great you are at finding good rental property deals, you could lose everything if you don’t manage your properties correctly! But being a landlord doesn’t have to mean middle-of-the-night phone calls, costly evictions, or daily frustrations with ungrateful tenants. Being a landlord can actually be fun—IF you do it right. That’s why we (my wife and I) put together this comprehensive book that will change the way you think of being a landlord forever.

Written with both new and experienced landlords in mind, The Book on Managing Rental Properties takes you on an insider tour of our management business, so you can discover exactly how we’ve been able to maximize our profit, minimize our stress, and have a blast doing it!

The Book on Managing Rental Properties, when purchased on BiggerPockets, comes with over 30 downloadable state-specific landlord forms for your business. Click here to order on BiggerPockets.

Recommended For: Anyone who owns rental properties, period.

Best Personal Finance Book

Set for Life by Scott Trench

Looking to set yourself up for life as early as possible and enjoy time on your terms? Whether you’d like to “retire” from wage-paying work, become less dependent on your demanding 9-to-5, or simply spend time doing what you love, Set for Life will give you a plan to get there. This isn’t about saving up a nest egg. It’s not about setting aside money for a “rainy day.”

Set for Life is an actionable guide that helps readers build the accessible wealth they need to achieve early financial freedom. Click here to order!

Recommended For: Everyone

Best Real Estate Tax Books

The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han

The Book on Tax Strategies for the Savvy Real Estate Investor is filled with hundreds of tips, tricks, and techniques designed to help you keep more cash out of the hands of the IRS! Discover ways to maximize your deductions, the right and wrong ways to use your legal entities, clever ways to write off your kids, strategies to write off every penny of your travel, depreciation must-dos for investors, and much, much more.

Whether preparing for tax season or simply looking to save money next year by making wise choices in your everyday business actions, this book is a MUST for any investor. You’d be shocked at the number of tax perks and loopholes that many entrepreneurs don’t take advantage of, simply because they don’t know they exist! Pick up a copy today.

Recommended For: Beginner, Intermediate, and Advanced Investors

The Book on Advanced Tax Strategies by Amanda Han

Believe it or not, the U.S. tax system is filled with loopholes designed specifically to benefit real estate investors just like you. In this comprehensive follow-up to The Book on Tax Strategies, bestselling authors and CPAs Amanda Han and Matthew MacFarland bring you EVEN MORE strategies to slash your taxes and turn your real estate investments into a tax-saving machine. Get your copy here.

Recommended For: Intermediate and Advanced Investors

Now it’s your turn! What’s your favorite real estate book?

Leave a comment below!

Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.

The Best BiggerPockets Books for Your Real Estate Investing Business (2024)

FAQs

What is the 50% rule BiggerPockets? ›

The 50% rule is that operating expenses and vacancy are about 50% of the rent. The 2% rule says if you can find a property priced such that the rent is 2% of the purchase price, it will cash flow. Note that you cannot use this to figure out what the rent should be.

What is the 1% rule in real estate investing? ›

The 1% rule of real estate investing measures the price of an investment property against the gross income it can generate. For a potential investment to pass the 1% rule, its monthly rent must equal at least 1% of the purchase price.

What is the 1 percent rule in real estate BiggerPockets? ›

As a general rule of thumb, use the 1% rule as an investment strategy. The 1% rule states that the income property should rent for at least 1% of the purchase price to yield positive cash flow. So a $100,000 house should rent for $1,000 a month. And that seems to be after loan costs and repairs are added in.

What is the 2 rule in real estate investing? ›

What Is the 2% Rule in Real Estate? The 2% rule is a rule of thumb that determines how much rental income a property should theoretically be able to generate. Following the 2% rule, an investor can expect to realize a positive cash flow from a rental property if the monthly rent is at least 2% of the purchase price.

What is the 70% rule in real estate? ›

Put simply, the 70 percent rule states that you shouldn't buy a distressed property for more than 70 percent of the home's after-repair value (ARV) — in other words, how much the house will likely sell for once fixed — minus the cost of repairs.

What is the 5 2 rule in real estate? ›

During the 5 years before you sell your home, you must have at least: 2 years of ownership and. 2 years of use as a primary residence.

What is the 50% rule in real estate? ›

The 50% rule or 50 rule in real estate says that half of the gross income generated by a rental property should be allocated to operating expenses when determining profitability. The rule is designed to help investors avoid the mistake of underestimating expenses and overestimating profits.

What is the 80% rule in real estate? ›

It's the idea that 80% of outcomes are driven from 20% of the input or effort in any given situation. What does this mean for a real estate professional? Making more money in real estate is directly tied to focusing your personal energy on the most high value areas of your business.

How much monthly profit should you make on a rental property? ›

It is generally recommended to aim for an ROI of 10-15%. However, the ROI that is considered “good” or “bad” is dependent on an individual's financial standing and the particular property they choose to invest in.

What is the 4 3 2 1 rule in real estate? ›

Analyzing the 4-3-2-1 Rule in Real Estate

This rule outlines the ideal financial outcomes for a rental property. It suggests that for every rental property, investors should aim for a minimum of 4 properties to achieve financial stability, 3 of those properties should be debt-free, generating consistent income.

What is the 10X rule in real estate? ›

At its core, the 10X rule mandates that one should set targets that are 10 times what they initially thought achievable and then expend 10 times the effort to reach those targets. Origins: Stemming from the business world, its applicability has transcended sectors, with real estate being a primary beneficiary.

What is the criteria for Biggerpockets rental? ›

Standard Minimum Requirements:

-The tenant or tenants combined must earn 3x's or greater the monthly rent from document-able income sources. -Tenant(s) cannot have prior evictions or felonies. ( Conviction of a crime that is a threat to people, property, manufacturing or distribution of a controlled substance.)

What is the Brrrr method? ›

What is BRRRR, and what does it stand for? Letter by letter, BRRRR stands for “Buy, rehab, rent, refinance and repeat.” It's like flipping, but instead of selling the property after renovation, you rent it out with an eye on long-term appreciation.

How can I make my house pay for itself? ›

How to Make Your Mortgage Pay Itself
  1. Rent Out Your Home.
  2. Rent Out a Spare Room.
  3. Create a Rental Studio Apartment.
  4. Rent Components of Your Home.
  5. Use Solar Panels and Water Tanks.
  6. Grow Your Own Food in Your Yard.
  7. Need a Home Mortgage in WA, OR, CO, or ID?
Nov 22, 2019

How long does it take to make a profit on a rental property? ›

Most of the time, you can get positive cash flow right from day one with your rental. Figuring out your profit for the year is a matter of taking how much rent comes in and subtract how much money goes out for expenses like taxes, insurance, and mortgage payments. What you're left with is your profit for the year.

What does the 50% rule include? ›

The 50% rule advises investors to estimate a property's operating expenses will amount to roughly half of its gross income. While this estimation proves helpful in projecting rental property cash flow, it is not a flawless measurement and should only ever be used as a starting point for further research and analysis.

What is the 50% rule formula? ›

Calculating the 50% rule

Determine the gross monthly income collected from the property. Multiply the gross income by 0.50. The result estimates the property's monthly operating expenses and cash flow.

What is the 50% rule in rental property? ›

The 50% rule or 50 rule in real estate says that half of the gross income generated by a rental property should be allocated to operating expenses when determining profitability. The rule is designed to help investors avoid the mistake of underestimating expenses and overestimating profits.

What is the property 50% rule? ›

Essentially, the 50% rule is a simple and effective tool used by investors to estimate the operating expenses of a rental property. It is based on the premise that roughly 50% of the gross income generated by a property will be consumed by operating expenses, excluding mortgage payments.

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