Have you ever wondered if you should venture into commercial real estate investing? Not only can it take your residential real estate career to new heights, but it can also pave the way for future financial freedom. However, to succeed in this field, you need to take your self-education efforts to the next level. Luckily, there are several exceptional commercial real estate books that can guide you on this journey.
Why Every Investor Should Read Commercial Real Estate Books
Reading commercial real estate books is essential for any investor who wants to gain insights into this fascinating industry. It provides a glimpse into a new niche in the real estate investing world and helps you make informed decisions about your business. Whether you are already involved in real estate or a newcomer to the field, learning more about the benefits of commercial investing is crucial for your success.
Expanding your knowledge and building upon your education is the key to success as a real estate entrepreneur. Even if you started your career with zero real estate knowledge, like me, you can still achieve success. By listening to podcasts, reading books, attending seminars, and networking, you can stay updated with the latest trends and technologies. If you're up for the challenge, these commercial real estate investing books are an excellent starting point.
11 Best Commercial Real Estate Books
Whether you have a few minutes to spare or an hour to dive into a book, these commercial real estate investing books should be at the top of your reading list:
- "The Commercial Real Estate Investor’s Handbook: A Step-by-Step Roadmap To Financial Wealth" - Steve Berges
- "How To Succeed In Commercial Real Estate" - John L. Bowman
- "How To Win Friends And Influence People" - Dale Carnegie
- "Crushing It In Apartments And Commercial Real Estate: How A Small Investor Can Make It Big" - Brian Murray
- "Mastering The Art Of Commercial Real Estate Investing" - Doug Marshall
- "Long-Distance Real Estate Investing" - David Greene
- "The Real Estate Game: The Intelligent Guide to Decision Making and Investment" - William J. Poorvu and Jeffrey L. Cruikshank
- "Negotiating Commercial Real Estate Leasing" - Martin I. Zankel
- "A Master Guide to Income Property Brokerage: Boost Your Income By Selling Commercial and Income Properties" - John M. Peckham III
- "The Millionaire Real Estate Agent" - Gary Keller
- "Walkable City: How Downtown Can Save America, One Step At A Time" - Jeff Speck
Caption: Best Books on Commercial Real Estate Investing
1. "The Commercial Real Estate Investor’s Handbook: A Step-by-Step Roadmap To Financial Wealth"
- Learn how to make money investing in various types of commercial buildings, including warehouses, apartments, shopping centers, and more.
- Discover everything you need to know about commercial property investing, from identifying opportunities to managing real estate.
- Suitable for investors of all experience levels, from beginners to experts.
If you're looking for a comprehensive guide taught by a pro, "The Commercial Real Estate Investor's Handbook" is a must-read. The book presents information in an easy-to-follow format, making it accessible to both newbies and seasoned investors. It covers different types of commercial real estate and explores various career and financing options within the sector. The author, Fisher, is concise and straight to the point, focusing on key concepts that will be instrumental in your success.
One valuable aspect of this book is Fisher's map for setting SMART real estate goals. SMART stands for Specific, Measurable, Action-oriented, Realistic, and Timely. By setting goals according to these criteria, you increase your chances of achieving them.
After reading this book, you'll have a better understanding of budgeting, improved financial literacy, and the confidence to handle any commercial real estate issue that arises during your first deal. Fisher's insights and anecdotes will guide you towards making the best choice for your business.
2. "How To Succeed In Commercial Real Estate"
- This book is a practical resource for anyone looking to break into the commercial real estate industry.
- It also offers guidance for experienced investors to enhance their approach.
- Gain insights into the four main areas of commercial real estate: retail, office, industrial, and multifamily.
Avoid falling into "get rich quick" scams by reading John Bowman's "How To Succeed In Commercial Real Estate." This book provides an overview of what it takes to pursue a lucrative career in buying and selling commercial real estate. Bowman cautions that this line of work is not for the faint of heart. While beginners can benefit from this read, the content does delve into technical details.
Bowman covers intricate strategies for financing, sales, negotiations, and contracts. No stone is left unturned. The book also emphasizes the importance of ethics and integrity in the industry. Bowman defines professionalism and discusses the basics of salesmanship. He reminds us that salesmanship is not a dirty word, but rather a skill that helps us succeed in all aspects of life.
The book concludes by shedding light on how to handle failures and the importance of eliminating self-defeating attitudes and beliefs that can hinder your progress.
3. "How To Win Friends And Influence People"
- Learn how to leverage relationships, your most valuable asset.
- Develop skills that are applicable to both personal and professional life.
- Enhance your ability to succeed in commercial real estate investing through effective communication.
Although it may not be directly related to commercial real estate, Dale Carnegie's "How To Win Friends And Influence People" is a recommended read for all entrepreneurs, including CRE investors. Combining entertainment and education, Carnegie delivers genuinely useful life and business lessons. This book may require a detour from the business textbook shelves to the "self-help" aisle, but it is well worth it.
Carnegie, a renowned public speaking teacher turned author, shares 12 specific things you will learn from reading his book. These include increasing your influence, prestige, ability to get things done, winning new clients, and becoming a better speaker and conversationalist. One key technique covered in the book is the importance of avoiding criticism, condemnation, and complaints when building relationships. Carnegie also emphasizes the power of honest appreciation and the ability to arouse in others an eager desire to work with you.
Caption: Best Commercial Real Estate Books
Conclusion
Don't waste another moment without reading these commercial real estate books if you want to succeed in the industry. Education is the key to remaining competitive in this dynamic field. By constantly seeking knowledge, you gain an advantage over your competition. Whether you choose to read the best books on commercial real estate investing or listen to podcasts, investing in your education will always be worthwhile.
Do you have any other book recommendations? Share your favorites in the comments below!
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