Whether you’re 24 or 54, starting your first career or starting over, investing in real estate can be overwhelming, confusing, and stressful, especially if you don’t know where to begin. Well start here, because we’re going to tell you the first step – get an education.
Thanks to the World Wide Web, there’s an endless amount of information at your disposal. Below is a list, along with a couple of links, of educational options out there. Pick your favorite and begin your career! Remember, your greatest asset is yourself, so begin by investing in YOU!
This is a given, but books are a great resource when it comes to investing in real estate. There are thousands of books out there and many of them are free! You can keep it old school and go to your local library to check out some books, or you can download eBooks/pdfs. You wouldn’t become a doctor without reading and studying first, and real estate is no different.
These days, everyone has a blog. People are eager to share their experiences and knowledge on whatever their expertise is. No matter how broad or specific your question is, you can bet that someone out there has asked the same thing, figured out the answer, and posted about it. Also, blogs and forums provide a place for you to comment, which is great. Commenting allows you to get an unfiltered response and discussion going from people with experience and with people that share a common interest.
Seminars do a good job at exposing newbies to the many, different topics surrounding real estate and investing. Seminars also give you the opportunity to network with people who are interested in investing just like you and those who’ve been in the business. At Armando’s Live Events, you’ll be given resources to rehab and learn the method Armando has used and still uses today. Go to www.armandolive.com to find an event near you.
What’s a better way to learn than from someone who’s done it themselves? Get to know the investors in your town, invite them out to a cup or coffee or lunch, and pick their brain. Many people are excited to share what they know, and it’s amazing what you can learn simply from listening to their stories and mistakes.
How did you get started in real estate? How long have you been investing, and what inspired you to do so? What resources work best for you?