Real Estate Investing
To tell the truth, real estate investing is not in any list of high school electives. Actually, you can’t get an accredited degree in real estate investing. You won’t find a high school or college guidance counselor who recommends a career in real estate investing (if the instructor understood real estate investing, he or she probably wouldn’t be a guidance counselor!). Both public and private school system and educational curriculum in many countries is only a feeble attempt to prepare students to just “get a job”. Unfortunately there is no class in “How to become rich”. No teacher ever taught a class in “How to be successful in crisis times”. I never learned anything about succeeding as an entrepreneur or becoming wealthy during my 10 years in the school classroom. Only when I learned the skills of real estate investing, and I paid the price out-of-pocket and out-of-the-classroom for that education I became a prosperous guy . I learned these skills in the University of Life through trial-and-error. Beyond doubt never disparage the cost of education because there are no free lunches. You’ve got to get this know-how outside of a classroom, and learning how to make money is going to cost you. In case you think the cost of education is pretty penny , you’d better calculate the cost of ignorance!
However, learning real estate investing doesn’t have to cost you an arm and a leg. Yes, I know, the real estate investing TV infomercials and the real estate investing seminars held around the country charge big bucks for those 3-day seminars and week-long Boot Camps. But that’s pocket change compared to the fees they want to collect from you later. Catch this fact: all the real estate investing infomercials and seminars target you as a candidate for real estate investing coaching. That’s where they charge you up to $10,000 and over $50,000 per year for “coaching.” And often you are assigned to some kid inexperienced enough to call you each week or month to hold your hand and whisper in your ear what common sense and a persistent drive should already tell you! I’m not exaggerating the real estate investing educational system, because I know it all over. I personally know many of the so-called “experts” . I’ve been close to it for 20 years. My opinion is that the fees charged are excessive because the promoters have found bulging purse in the marketplace.
I should say that when I started my real estate investing career 25 years ago, real estate investing TV infomercials were unknown and real estate investing seminars were extremely rare. TV infomercials, expensive seminars, and strange coaching fees followed in subsequent years. Would-be real estate investing aspirants today who want more than an inadequate salary from a job somewhere there often conclude that they have to “pay through the nose” for real estate investing creativity .
Briefly through diligent searching, these wanna-be’s often find that this education in real estate investing is more readily obtained from other sources than they previously imagined. Real estate investing is probably one of the most easily learned skills never taught in school. Real estate investing is probably one of the most prolific careers available in any country. Just as families now live in houses instead of caves, houses available for fix up are everywhere. And probably nothing contributes to upgrading the deplorable housing conditions across America, Europe or elsewhere comparable to real estate investing in fix up properties. The entrepreneur-minded dilettante who discovers the real estate investing industry often catches a vision of life-beyond-a-job. And it is universally true that books and online courses offer an alternative to expensive coaching and seminars.
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