In most professions, continuing education is key to staying on top of your sport. People who thrive and succeed are the ones who are constantly evolving. Real estate is no different, and if you want to be (and want to be) a successful real estate investor, you need to invest in your education and improvement.
Even when your real estate portfolio becomes more stable, never be foolish to think that you know it all. You will miss out on many important opportunities to grow and learn. I love learning from people who know me better, whether it’s networking, reading books, or anywhere. Even if I find only one useful nugget from a book – a Nokia that changes my mind or improves the way I do things – it’s worth my time.
Tap on a variety of educational resources
Well, real estate is a lucrative industry that requires very little in the way of formal qualifications to succeed, so you have to think outside the box of permanent education when looking at ways to learn and grow permanently.
Thankfully, these days it’s easier than ever to access information quickly and easily, often for free or very cheaply. Your mission is to make like a sponge and separate all this information. May include
- Read as many books as you can about your chosen real estate strategy: If you struggle to find time to read, try listening to audiobooks in the car or at the gym. If you work up to 30 minutes a day, this is a potential time for audiobook training every day, equivalent to 240 hours a year! It soon increases.
- Becoming a typical business, entrepreneur, and self-help book junkie, like me: I like the kind of books that are successful in business and more mindfulness/self-help types, and even the autobiographies of business leaders and business people. Also, I like to read. I find it particularly inspiring to read how people became successful and their personal formula for success. You will be amazed at how many qualities successful people have. And you can learn these traits and techniques, so keep reading!
- Beware of new potential property strategies that fit your portfolio, skills, and passion.
- Keep up-to-date with the latest technologies to manage your real estate investments, from social media platforms to productivity apps and software. You don’t need tech skills to thrive in real estate, but you don’t want to miss out on opportunities to connect with people more easily and streamline your process.
- Use the wealth of information available for free online by joining property forums, accessing information through relevant thread archives on the forum, signing up for relevant industry newsletters, and subscribing to blogs.
- Participation in education seminars organized by real estate investment and development companies: These seminars are often free to attend because the seminar’s goal is usually to sell you a product or investment. So, although I wholeheartedly encourage you to join these free educational resources, never buy anything on this day. Always go away after the seminar and do your homework as there are many paid courses on which there is no price printed on these papers.
- Sign up for the online real estate and business courses available through Audi and Corsica.
- Attending major property shows and exhibitions: These shows provide amazing educational and networking opportunities and help you immerse yourself in the market and learn what others have to do.
- Be open to new mindfulness, self-help techniques, and perspectives (e.g., positive affirmation, visual acuity, focus, and meditation).
- Take the time to develop mind-blowing, self-help techniques related to your daily routine:
As with any industry, some operators want to get money quickly from inexperienced real estate investors who want to learn. So, don’t automatically rely on everything someone tells you in a seminar where your ultimate goal is to sell something. Get their information; Then review this information against other sources as well. If several different sources are telling you that Morocco is a great place to invest, then this seminar is very different from a guy promoting Moroccan investment.
Although continuing education is an important part of success, take the time to immerse yourself in real estate and learn as much as you can before you start your first investment. It’s great to learn on the go, but mistakes in your early days can be costly.
Immerse yourself in property education for at least six months before you invest your money online. Why not set yourself some education goals before you start looking for serious investment opportunities? For example, you might set yourself the goal of reading an inspiring book a month, attending six property show shows this year, and attending property forums once or twice a week.