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If you want to get into real estate investing without risking your own money, wholesale real estate investing is likely an intriguing option. But if the thought of searching for distressed properties and motivated buyers and sellers makes you nervous, a good place to start is with wholesale real estate books.
Yes, there are blogs and podcasts that offer more up-to-the-moment real estate market advice, but there's something about having convenient access to a shelf of reference books -- especially when they are written by successful real estate investors with thousands of deals in their collective portfolios.
To give you some inspiration for your own library, here's our list of 10 of the best wholesale real estate books, in no particular order.
Than Merrill is a heavy hitter in the world of real estate. In this book, he takes on wholesaling houses in a way that helps you minimize risk and maximize profit -- even when the real estate market isn't at the top of its game.
When you see "bible" in a title, you expect a comprehensive text that you can refer to again and again, and you'll get just that with Merrill's book. Read it and learn how to find and analyze deals, develop systems, and grow them into a thriving yet passive business that allows you to live life on your own terms.
If You Can't Wholesale After This... I've Got Nothing for You by Todd M. Fleming
We like a title that says the author is so confident in his ability to teach you that he's already frustrated with you if you can't learn it. This book breaks down real estate wholesaling step by step so you'll understand what it takes to keep going. Yes, you can get started with little or no money down -- Fleming claims he only had $11 when he closed his first wholesale deal, and that the only way is up from there. If you're looking to real estate investing as your way out of the boring nine-to-five and into the lifestyle of your dreams, Fleming will help you transform your mindset and ramp up the habits you need to get there.
Wholesaling Real Estate: A Beginner's Guide by Brent D. Driscoll
This book makes for a great guide for those who need to learn the basics first -- but there's plenty of great info for experienced investors looking to take their wholesaling game to the next level. Driscoll teaches you how to see the potential in properties, find sellers and buyers, and overcome obstacles and rejections to build a lucrative business. This book is as close to a blueprint as you'll get as an investor, so read and implement it for results.
With this book also aimed at beginners, Leighton pulls back the curtain on wholesaling with his successful approach to investing. You'll be given a step-by-step strategy to help you learn how to find and qualify leads, secure your first deal, avoid common pitfalls and mistakes, and build toward a six-figure real estate business with no money down. At less than 100 pages, Leighton's book really cuts through the noise and gets down to the heart of his successful strategies as a wholesaler.
True to its name, this book has all the info you need to get started in wholesaling. But it also serves as a primer for REOs, short sales, and foreclosure properties. Stinson will walk you through how to find buyers, evaluate and negotiate properties, and make lucrative deals. Stinson's book also gives you access to her "vault," which contains a wealth of information and videos that explain contracts, successful wholesaling strategies and techniques, and much more.
The Art of Wholesaling Properties: How to Buy and Sell Real Estate Without Cash or Credit by Aram Shah and Alex Virelles
In this book, written by a dynamic duo of wholesalers who have flipped a combined 1,000-plus homes, Shah and Virelles pave the way for other investors to do the same. They'll walk you through how to make more strategic offers, find motivated sellers, work with a real estate agent and the MLS, build a team, and automate your workflow for better cash flow -- all without any of your own money in the game.
How to Become a Wholesale Millionaire by Mark Lane
The word "millionaire" makes for a flashy title, but Lane follows through, showing you how it's done in real estate wholesaling -- all from your computer, no less. While getting to a million may take some time, you will be able to quickly get started in building your network of agents, attorneys, title companies, and buyers.
Don't know what to say? Lane has the script for you, along with templates and contract samples to help you get started. No matter where you live, this book will help you automate your business, grow your real estate investing team -- and quite possibly become a millionaire real estate investor.
If you're looking for a master class on wholesale real estate, you've found one with Weber's book. Follow his step-by-step guide to finding and contracting properties, finding a final buyer, and collecting fees that can break into six-figure paydays. Weber also discusses what his business looks like on a day-to-day basis so you can follow in his footsteps to start and grow your own business in real estate investing.
When Brandon Turner of Bigger Pockets fame writes a book, you'll want it on your shelf. While this one does have a little bit of everything, from flipping houses to investing in a rental property, it also discusses wholesaling. Turner takes the approach that there is always something out there that a property investor can afford, and he'll help you find a way to close the deal. His philosophy is that it's creativity, not cash, and a positive mindset that leads to success. Turner teaches you to get past obstacles to succeed as a real estate investor in any niche.
The Best Wholesaling Book Ever by Carlos Reyes, Sal Shakir, and Alex Saenz (with Carson Jones)
Here's another real estate investing book with a bold, promising title. Written by the All-In Entrepreneurs folks -- who have more than 1,500-plus combined real estate deals under their belts -- this book sets out to fill in the gaps that other books might have in their wholesaling education. You'll get a step-by-step strategy including scripts, systems, and the ALL-IN Success Formula that will get you through your first wholesaling deal and many more after that -- all with little or no money of your own invested.
The bottom line
Everyone needs to start somewhere, and even experienced real estate investors could use a reference now and again. Consider adding some of these titles to your bookshelf. By surrounding yourself with wholesaling success stories, you'll gain the knowledge and inspiration to create some of your own.
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