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Best Commercial Real Estate Books
Reading books about commercial real estate is one of the finest methods to enlighten yourself on the market, whether you’re an experienced commercial property investor or just getting started. Every year, hundreds of new commercial real estate books are released, claiming to share the keys to CRE achievement, but which are worthwhile to read? We’ve put together six of the best commercial real estate books to help you improve your skills, whether you’re a true professional or fresh to the field.
While some are basically selling a next get-rich-quick arrangement, others are effective guides from business leaders that really can help commercial property brokers, realtors, and investors develop or enhance their performance. Several new titles are examining the changes in the market wake of the 2008 market meltdown, in addition to long-respected works that retain their significance.
Here is a list of six must-read publications in commercial real estate that will help you obtain a competitive edge.
1-Crushing It in Apartments And Commercial Real Estate: How A Small Investor Can Make It Big
By Brian Murray
Brian Murray’s book, Crushing It In Apartments and Commercial Real Estate, is an outstanding beginner’s introduction to investing in commercial real estate. He didn’t start as a professional in the sector; instead, he began investing in commercial real estate as a way to supplement his income. Because Murray provides specific guidance, this publication is one of the best commercial real estate books and the one that we suggest to anyone just getting started in commercial real estate investing. You’ll learn where to look for commercial buildings, how to finance your acquisition, and how to expand as a one-person investing firm gradually.
2-The Book On Rental Property Investing: How To Create Wealth And Passive Income Through Intelligent Buy & Hold Real Estate Investing!
By Brandon Turner
BiggerPockets is the most comprehensive site for (primarily residential) property investors. While the book is primarily aimed at residential property investors, the investors may also utilize many of the principles Turner covers to commercial real estate investing, which is why it joined our list of the best commercial real estate books.
You’ll learn practical action steps to start producing cash flow & additional income via real estate investing in The Book on Rental Property Investing. Turner walks you through how he identifies and analyses deals, how to put together a team to help you identify and buy additional properties, and even how to preserve your wealth using tax strategies.
3-Best Ever Apartment Syndication Book
By Joe Fairless & Theo Hicks
Joe Fairless & Theo Hicks are proponents of multifamily syndication, which involves pooling funds from private investors to demolish larger apartment buildings than you might on your alone. The team offers advice on discovering apartment properties, obtaining capital, and executing an advantageous multifamily real estate work strategy in Best Ever Apartment Syndication Book. Not just experienced commercial real estate investors but then also newbies can benefit from their step-by-step approach. Fairless went from a $30,000 annual income, which many first-time real estate investors can relate to, owning $572 million in multifamily real estate.
4-How To Add Value Handbook For Commercial Real Estate: Generate More Income From Your Investment Property
By Brian Hennessey
Value-add is among the most popular commercial real estate investing techniques, and Brian Hennessey walks you through a variety of options for updating your investment and increasing cash flow. You’ll discover how to market your investment property rentals, recruit more high-quality occupants, evaluate and employ property managers & to rent agents, and arrange your lease rates in this commercial real estate guidebook. Hennessey’s book includes examples of letters of intent, lease forms, and rental applications, which is one of our favorite features. This is one of the best commercial real estate books if you want to learn how to increase the value of your property.
5-The Millionaire Real Estate Investor
By Gary Keller With Dave Jenks And Jay Papasan
Gary Keller, the owner of Keller Williams, is now a multi millionaire real estate investor. Keller & his co-authors are doing an excellent job of explaining the fundamentals of commercial real estate investing. When it comes up to instituting your real estate enterprise, your mindset is crucial; not just would you need to trust you can achieve it, but you also need to imagine bigger. The Millionaire Real Estate Investor explains you how to set the right mentality but also how to create your own personal investing criteria, which components of a deal to concentrate on, and how to create the greatest team possible to help you fulfill your dream. The authors carried out interviews with many billionaire real estate investors & share the tips and tricks how they utilized to create their fortunes in real estate.
6-Raising Private Capital: Building Your Real Estate Empire Using Other People’s Money
By Matt Faircloth
If you want to move your real estate investment to the next level, you’ll almost certainly need to raise funds. Raising Private Capital, by Matt Faircloth, provides a strategy for accomplishing precisely that. You’ll discover how to find people who are looking to invest in transactions and how to expand your empire without breaking the bank. Sure, raising funds for your investment means you’ll own a smaller percentage of the business, but wouldn’t you rather own 10% of ten businesses than 100% of one? This book puts out a step-by-step method for obtaining, securing, & protecting private funds for your projects. You’ll also learn how to arrange your loan and equity deals so that you can attract high-quality investors.
We need to use our experience and expertise in the commercial real estate sector to advance to the next level. To do so, we must move out of our comfort zones and discover new tools and approaches that will help us become more successful commercial real estate investors. The books listed above are the best commercial real estate books available, and they will all help you fill your physical and mental bookshelf with information that will help you succeed as an investor.