What are the best commercial real estate books on the market?
Sometimes, the best way to learn and grow is the most traditional; even in a world dominated by electronic learning and online options, there’s still plenty of knowledge available through traditional hard-copy real estate investing books.
That’s especially true in the commercial real estate industry. For those looking to expand their horizons and grow their career, the best commercial real estate books offer plenty of options for future success.
Here’s the list of our nine favorite commercial real estate books:
Mastering the Art of Commercial Real Estate Investing: How to Successfully Build Wealth and Grow Passive Income from Your Rental Properties – This helpful book from author Doug Marshall is an excellent place to start for those looking to focus on the benefits of commercial real estate properties. Highlights in the book include the “six immutable laws of commercial real estate investing,” a guide to optimizing cash flow, ways to cut down on risks and avoid pitfalls, and the best times to buy to take advantage of the market. It’s one of the most helpful commercial real estate books on the market today.
How to Succeed in Commercial Real Estate – Forty-year industry veteran John Bowman brings his years of expertise to the intelligent, detailed book “How to Succeed in Commercial Real Estate.” It’s the perfect book for those looking for smart, steady growth and real long-term success, not “get rich quick.” Turn to this book for advice on “choosing a company and a specialty,” smart sales strategies and sales points, exclusive listings, the basics of negotiation, and the “pros and cons of going independent.” It’s also a great place to learn about the basics of rent and other technical details (appraisal, taxation, zoning, etc.).
Commercial Real Estate Investing For Dummies – Don’t know where to start with commercial real estate? This handy volume of the “For Dummies” series is a great jumping-off point. In this helpful, basics-driven book, you’ll get a “fun and easy way to break into commercial real estate.”
This “Dummies” volume covers finding leads, getting the value of a property, exploring financing, due diligence, tax advantages, cash flow, property managers, inspections and problems, and much more. It’s a book that can easily be the building block to a distinguished career.
How to Invest in Real Estate: The Ultimate Beginner’s Guide to Getting Started – Another excellent beginner’s book, from Josh Dorkin and Brandon Turner of The BiggerPockets podcast. This “Beginner’s Guide” explores all the different avenues people new to the industry can head down. It comes bolstered by plenty of real-life examples. Readers can learn how to balance investing with a full-time job, the different property types (like an office building or rental property), ways to build wealth, and “twenty-eight tested methods for finding great real estate deals.”
The Millionaire Real Estate Investor – This standout from Gary Keller is a must-have in the world of commercial real estate books – looking at the roadmaps “over 100 millionaire investors from all walks of life” took to gain their commercial real estate wealth. It’s extremely valuable to read these aspirational figures’ real-life stories. It covers the lessons and techniques needed for future success in commercial real estate investing. And how to become a millionaire real estate agent. Topics include “myths about money,” criteria for real estate investment opportunities, real estate businesses, key terms of transactions, a “dream team” for your business, and the proven strategies and models of the industry.
The Commercial Real Estate Investor’s Handbook: A Step-by-Step Road Map to Financial Wealth– For those looking to become a commercial real estate investor or commercial real estate broker, this is the first book to turn to. This handy book provides “a foundation for understanding how to invest in real estate,” explained in simple, easy-to-understand terms. It covers everything from tax sales and escrow to tenants, lease agreements, insurance, and exchange rules and regulations.
Passive Investing In Commercial Real Estate: Insider secrets to achieving financial independence – For those interested in a calmer, more sedate, and more “passive” approach to real estate investing, this is one of the perfect commercial real estate books. Delivering “insider secrets to achieving financial independence,” the book focuses on “syndicated commercial real estate investments specifically multifamily real estate.”
It covers the first steps towards investing, the different deals, looking for the right deal sponsors, risk management, metrics, sources of capital, and much more. It’s one of the first commercial real estate books passive investors in the industry should check out on their journey.
The Fundamentals of Listing and Selling Commercial Real Estate– An excellent look from the ground-up at the commercial real estate industry. This helpful, handy book should be on the shelf of anyone starting in the business. With smart and intelligent looks at commercial properties, analysis methods, commercial leases and mortgages, zoning issues, and other vital real estate topics. There are also sections to help practice fundamental career skills like negotiating and prospecting.
The Book on Rental Property Investing: How to Create Wealth With Intelligent Buy and Hold Real Estate Investing – Another standout publication from one of the hosts of the BiggerPockets podcast, this real estate book from Brandon Turner is a fun, easy-to-read, and accessible look into rental property investing. It’s packed with success strategies, real-life stories, and actionable ideas for financing rentals. This is one of the best commercial real estate books out there today.
How ProspectNow Can Help
The lessons in these books on commercial real estate are great. But, to take things to the next level, it’s time to bring in the insights from the professionals at ProspectNow. Around for over a decade, ProspectNow gives users current and accurate access to 100% of property ownership data in the United States. All at a fraction of the cost from competing platforms.
By using ProspectNow, real estate brokers will close more deals, and therefore, make more money! To start, visit the ProspectNow website at https://www.prospectnow.com/.