The Book On Rental Property Investing by Brandon Turner is a comprehensive guide to the world of rental property investing. It covers everything from the basics of real estate investing to the more advanced strategies and techniques used by experienced investors.
The book provides readers with an in-depth look at the four major wealth generators of real estate investing: appreciation, cash flow, tax savings, and loan paydown.
It also offers advice on how to pick the right plan, manage properties effectively, increase income, decrease expenses, execute your plan, and give back.
The book also covers topics such as the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Method, exit strategies, seller financing, and the five success principles of rental ownership.
Additionally, it provides readers with tips on how to prevent themselves from failing, such as treating rental property investing like a business and acting like a CEO.
The Book On Rental Property Investing is an invaluable resource for anyone looking to get into the rental property market. It provides readers with the knowledge and tools they need to become successful rental property investors.
What I Liked
I seriously wish I’d had this book when I became and accidental landlord for a few years. Actually – I wish I’d had this book when I was 18 and full of ambition with no direction, an attraction for sweat equity, a bit of savings, and not a whole lot else to do.
Either way – this book really is the absolute best book on real estate investing that I’ve read (and I’ve read a few). It’s systematic; ok with not going (too) overboard with real estate hype; and is clear-eyed with the challenges of real estate.
In fact, as someone who is no longer in real estate, it was a solid, excellent reminder of why I do not want to invest in real estate now (or ever?). That balance is a huge recommendation for this specific book.
What I Did Not Like
Not a whole lot! I mean, I’m not going to get into real estate again, but that’s exactly why this book is a good choice for someone thinking about it. It’s full of nuance, challenges, and specific ways of thinking.