Every investor diving into commercial or multi-family property ownership should read Ken McElroy’s book The ABCs of Real Estate Investing. The book’s subtitle says it all: The Secrets of Finding Hidden Profits Most Investors Miss. Written as part of the Rich Dad’s Advisors series, this book teaches potential real estate investors how to–
- Achieve wealth and cash flow through real estate.
- Find properties with real potential.
- Debunk the myths that are holding you back.
- Negotiate the best deal based on the numbers.
- Evaluate property and purchase price.
- Increase your income through proven property management tools.
The author’s conversational tone, step-by-step approach, and straightforward examples make the complex subject matter interesting and approachable. But don’t let the “ABC” portion of the title mislead you. Landlords starting with single-family properties may not find this book’s scenarios relevant or attainable. However, for investors eyeing condos, townhomes, or apartment complexes, McElroy’s detailed tips and real-life illustrations provide thorough, practical advice.
Aspiring rental property owners will appreciate the author’s proven methods, eliminating some guesswork associated with purchasing, managing, and selling real estate. The chapter on accurately pricing properties is especially valuable when preparing a fair offer or securing a good price. As one reader summarized,
“This book brings you from the ground up regarding real estate investing. Mr. McElroy utilizes insightful examples and real-world knowledge to produce a solid knowledge base for the readers.”
The ABCs of Real Estate Investing is invaluable to new and experienced real estate investors.
About Rentals America
Rentals America provides full-service property management for residential rental properties. Our team is wholly dedicated to property management, and we’re here to help landlords navigate the rental market.
