What is the best Real Estate Investing Education?

Published by: Sam Executive Director IAAMG on 29th Jun 2011 | View all blogs by Sam Executive Director IAAMG

An interesting question was posed to me recently by a friend & self-proclaimed anti-guru, let’s call him Cody.  What is the best real estate investing educational product?

 As a veteran of boot camps, webinars, and one who has truly spent tens of thousands (my wife calls all the pretty leather binders etc in my book case my "wall of shame") one thing I can truly say is whatever program lights a fire under your rear to take action is viable. I have learned valuable nuggets from many, but most importantly, that it is truly a process. One that starts w/mind set, which often times can take a great while for a great many of us. It is also important to note that you must continue to educate yourself & stay in the conversation. Each so called guru typically has several things in common, foremost is they are action takers, which is only rivaled by the size of their respective libraries. They are voracious readers, (or those more technically inclined mp3, ipod , & their vehicles become mobile universities) which I was not until stopping to realize common traits of the successful. Ultimately understanding that it is not an overnight process (regardless of your success in other industries) & expecting it to be would be nothing short of a recipe for failure & the claim that whatever program you were following didn’t work, or was a scam. I have learned a great deal from a great many. I have learned to surround myself w/like minded & serious pro's & eliminate the negative nellies from my circle (yes even/especially family/friends). As for the best, it's all relative to the individual.

Personally there are many that have provided knowledge, value & put me on path to find the coveted "yellow brick road" or Definitive Purpose in the words of Dr. Napoleon Hill; even though I achieved what many would consider substantial success prior. A lesson learned early on in this process went a long way...Don't ask about cost, conduct your diligence & learn what it will pay you. $20, $30K is a great deal of money to most, yet when you can complete just 1 transaction & get it back & more, especially now during the greatest RE fire sale in our history, maybe it's not really that much hmmm?

Ultimately, the afore mentioned mentors have led me to finding my passion. It's not about the money, it's about the positive impact I have on the lives of others (yet another lesson learned). Every mentor would recite those same words, & many followers would refute same simply stating it's easy for them to say because they've got money. Yes it is difficult to dream about tomorrow when you can't eat today; but then again, that is the true test isn’t it? What are you willing to settle for & what are you willing to do to change your circumstances? We don't plan to fail, yet most simply fail to plan. For a guy who used to handle everything by the seat of his pants, that may very well have been the biggest lesson learned.  To settle for less is simply not an option for me.  What about you?

 

Comments

4 Comments

  • Chris Jones (Zeru) - Millionaire in Training, MMMChallenge.com
    ** I agree with you Sam. Personally, the best one is the one that works for me! **
  • Sam  Executive Director IAAMG
    As long as you work it & put things in motion as you are currently doing & do it consistently the results will be there. Continue your diligence, & pretty soon you will not have to be the chief cook & bottlewasher...you can hire someone to handle the grunt work!
  • Chris Jones (Zeru) - Millionaire in Training, MMMChallenge.com
    Very good advice and that is my hope. My current market is a template that I will "rinse and reuse" once I have my system down pat. I will certainly be in a position to bring in friends and family into the circle and have them deal with much of the grunt work.
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