Below is a list of the eight best books on wholesaling real estate.
As a real estate agent, I have often been asked how to get started investing in real estate. While there are many ways to invest in real estate, I think wholesaling is one of the best.
In real estate wholesaling, you perform the role of a middle man. You purchase a property from an individual who wants to sell it (usually fast and under market) — and then you turn around and immediately sell it to another interested party.
Wholesaling real estate requires tenacity, a lot of connections, and hard work. But, first, you need to know what you’re doing.
Let’s take a look at some of the best books on wholesaling real estate and what they can teach you.
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1. The Real Estate Wholesaling Bible
The Real Estate Wholesaling Bible is your complete guide to getting started in this rapidly expanding business. Written by a real estate expert, this book teaches you what you need to know to profit from real estate wholesaling without needing a lot of capital or previous experience.
The Real Estate Wholesaling Bible is where you should get started. By Than Merrill, this book covers everything you need to know to get started in this type of real estate investing.
This book includes: how to wholesale real estate, how to find (and analyze) potential purchases, how to find a motivated cash buyer, how to build a business and develop systems, and how to ensure that the business ultimately helps your community.
As a real estate book, it’s especially valuable because it doesn’t just cover the process of real estate investing. It shows real estate investors how to actually create a business from their investments.
It’s not as simple as making money. Building a business is a lot more than that — it’s about building the right people and delegating. The Real Estate Wholesaling Bible covers this and more.
If you read one real estate agent book on investing, it should probably be this one.
2. The Wholesaling Blue Print
The Wholesaling Blueprint is the real estate investing book you have been looking for! Written by a successful wholesaler, this book provides in-depth information on how to wholesale real estate in any market. With detailed instructions and examples, The Wholesaling Blueprint is your guide to becoming a successful wholesaler!
The 2021 Silver Medal Winner for Readers Favorite in Non-Fiction Business/Finance, the Wholesaling Blue Print shows you how to start your wholesaling career without spending any money of your own.
This book is ideal for the real estate investor who doesn’t have a lot of liquidity.
This book shows you how to find and secure properties, how to find a final buyer, and how to collect a fee. It includes negotiations, contracts, and more — everything you need to grow your book and your business.
Written by Luke Weber, it calls upon his years of experience as a real estate investor. This is intended as a tried-and-true method that has worked for him and which he believes will work for you.
3. The Beginner’s Guide to Wholesaling Real Estate
If you’ve ever wanted to get started in real estate investing, then wholesaling is the fastest path to becoming a real estate investor. This action-packed guide to flipping houses takes the guesswork out of wholesaling and gives you a step by step plan to start successfully flipping deals and making money.
Let’s get started.
In Jeff Leighton’s The Beginner’s Guide to Wholesaling Real Estate, you are walked through the step-by-step process of real estate investing.
You’re not going to become an expert in wholesale real estate overnight. But with this book, you’ll be able to fast-flip houses without a lot of guesswork.
This guide is extremely informative, packed with information, and designed to make you better at real estate investing. And while it’s a small book, it’s really intended to streamline and simplify the entire process.
4. Real Estate Investing for Beginners
This book is a complete blueprint on how to make money flipping houses. This book is for beginners and for people who want to learn about Real Estate Investing and Flipping houses. It will teach you the basics of Flipping Houses, how to get your first deal, how to find wholesalers, contractors, and house-flippers. You will also learn about different strategies that can help you make more money when doing real estate investing or flipping houses.
Jonathan Smart’s Real Estate Investing for Beginners covers both wholesaling and flipping, with an eye on making sure that you can achieve your financial freedom faster.
When it comes to real estate investing, a wholesale deal is pretty similar to a flip. The only difference between investing in a wholesale property and investing in a flip is that a flip requires some renovation or repair work on your behalf.
But if you’re out there wholesaling houses, you may run into the perfect rental property. Or the perfect flip. You might be in one of the toughest real estate markets, but stumble upon an investment property that you’re sure is going to build equity like crazy.
By reading Real Estate Investing for Beginners, you’ll know how to tackle any of these challenges — from flipping and renovations to rental property investing. This book is ideal for those who are coming to the challenge from a property management or rental management background.
5. If You Can’t Wholesale After This…
If You Can't Wholesale After This is a step by step guide to closing your first real estate deal without needing any of your own money or credit. If You Can't Wholesale After This was written for people who are fed up with the traditional "rat race" style of living and want to create a new way of living no matter if you have ever been involved in real estate or have any money of your own.
In this book, Todd Fleming shows you everything you need to know about building financial freedom and creating your own small business. This book is a step-by-step guide for closing your first real estate deal, from finding the right property to finding an end buyer.
If you want to know more about real estate investment from the angle of building financial freedom, this book is perfect. It’s designed to coax those “tired of the rat race” into the real estate market, so it doesn’t assume any prior knowledge about today’s real estate market.
According to Todd Fleming, he was able to create his real estate business with only $11 in his bank account. In addition to teaching you about wholesaling, creating a real estate investment business, and being a business owner, this book is intended to change how you think about finance and money.
Many real estate investors’ ideas are situated not only around building your book and your business — but really counting how wealth is made. Here, you can learn the proven tactics of a millionaire real estate investor.
6. Skip the Flip: Secrets the 1% Know About Real Estate Investing
Many wealth investing books are written for those who want to create a business, improve their cash flow, and otherwise work hard.
But what about the 1%? The investors who just invest with other people’s money?
Skip the Flip, by Hayden Crabtree, is unique among real estate wholesaling books — because it’s intended to illuminate the strategies that the wealthiest people use to build further wealth.
For instance, they are more likely to wholesale properties by finding a motivated seller than they are to flip properties and complete renovations on their own. They are more likely to work on their own behalf than with a real estate agent — and they don’t shy away from building a book of commercial real estate.
In Skip the Flip, you’ll learn how to actually put your money to work with real estate loopholes, property purchases, and built equity.
7. Flip: An Unconventional Guide to Becoming a Real Estate Entrepreneur and Building Your Dream Lifestyle
Flip is an unconventional guide to becoming a real estate entrepreneur and achieving success in this field. This book provides the right way to immediately start your journey, with tips and advice from those who have already made it. You should NOT be trying to "invest" in real estate but, rather, become a real estate entrepreneur. Flip offers essential insights and guidance that will help you reach your goals.
Nick Ruiz’s Flip covers how to start wholesaling and flipping houses without any cash in the bank.
Like many other of the best books on wholesaling real estate, Flip shows that you can theoretically enter into the real estate investment business without any money at all. But Flip takes some slightly different angles, showing how to get in and out quickly and how to secure your profit.
Rather than showing people how to permanently “invest in real estate,” Ruiz focuses on how to become a wholesaler and a real estate entrepreneur. Wholesalers don’t invest in real estate; they don’t hold on to their properties. They make more money faster by buying properties and selling them as quickly as possible.
It’s this area that Flip focuses on; the ability to take and secure profits fast. Flip is a great book for those who don’t just want to learn a little bit about the wholesaling market, but really want to be able to thrive in it.
8. How to Be a Real Estate Investor
Looking for a simple guide on real estate investment? Look no further than America's most trusted coach and mentor, Phil Pustejovsky. In this book, you'll find a step-by-step guide on how to be a real estate investor, regardless of your experience level or financial situation.
The average real estate investor is doing more than just one thing. A real estate investor might be wholesaling, renting, and flipping properties all at the same time.
How to Be a Real Estate Investor covers everything you need to know, from A to Z. So, you’ll be prepared if the perfect opportunity presents itself.
The more you know about the real estate market and the real estate business, the better. You may want to know about rental properties, for instance, if you really want to be able to sell properties that will make great rentals. This book is written by a real estate investor, mentor, and coach who has extensive knowledge of the business.
By buying and reading this book, you’ll get additional knowledge about how real estate works, which opportunities are out there for you, and how to get into the “real estate” mindset. This popular book by Phil Pustejovsky will expand your credentials as a real estate investor and ensure that you don’t let excellent opportunities pass you by.
FAQs on the Best Books on Wholesaling Real Estate
Do you need to be a Realtor to wholesale real estate?
No, but it helps.
You need to be a Realtor to broker a transaction between two buyers — to manage a real estate transaction between two independent parties.
But that’s not what you’re doing as a wholesaler. As a wholesaler, you’re essentially flipping houses: You’re buying a house and then selling it. Anyone can do that.
Being a Realtor can still help, though — it provides additional connections and gives you more insight into how the market works.
What are the best markets for real estate wholesaling?
The best markets are markets where there are a lot of distressed properties, a lot of rental properties, or just a hot market. It depends on what type of investor you are.
Distressed properties will often sell very low and very fast. Rental properties are a hot commodity, and a lot of investors will be interested. And hot markets see property values increase quickly, so you can flip the property fast.
Is real estate wholesaling just house flipping?
Real estate wholesaling is house flipping without renovations, repairs, or improvements. You have a book of interested investors. You just operate as a middle man. In fact, you might even be working with house flippers.
Imagine a scenario: You buy a property for $50,000, sell it to a flipper for $55,000, then they put the work in to sell it for $80,000. All of you made a significant profit relative to the work that you put in.
How do you finance real estate wholesaling?
Cash, mortgages, hard money loans — it depends on your personal financial situation. A good real estate investing book will cover at least some of these options, their pros, and their cons.
For a lot of real estate investing, you need cash in the bank. But there are options in wholesaling real estate under which you really won’t.
Is real estate wholesaling passive income?
Being a real estate wholesaler takes work, as does flipping homes. But you can create passive income by appropriately delegating, building your business, and ultimately stepping back. Many of the best books on wholesaling real estate focus on not only creating a business but becoming self-sustaining.
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