Do Real Estate Investing Courses Help Investors?

Frank Chen

Hi, this is Frank Chen with REIClub.com, the only site you need as a real estate investor. Today I've got quick video on Real Estate Investing Courses and if you need them.

I always get asked if “this” course or “that” course is good, and its hard for me to give an accurate answer because the course is only 50% of the equation, YOU are the other 50%. First step…

QUALIFYING YOURSELF:

How much time do you have?
How are you with reading books? Taking notes? Application?
Have you attended any real estate investment clubs / meetings?
Have you explored other ways to learn the real estate business?
What kind of results are you expecting? Are you looking to get rich quick?

BENEFITS TO REAL ESTATE HOME STUDY COURSES:

Self-pace
Great way to start, most have 90% of what you need to get out there and do deals
Usually pretty informative for beginners/intermediate investors 110 Deals
Topic Specific focused
Watch recorded LIVE events without sitting through them
Includes resources forms, documents, marketing material, cds, dvds, software
Email access to authors
Support – email, 1800, weekly calls

DISADVANTAGES:

Sometimes can be pretty basic
Won't tell you everything you need to know stepbystep
Learning methods may not fit your style of learning
Quality of every course varies
Pricey compared to retail books
Overwhelming 200 page manuals
Risk of becoming “professional student” must apply info

QUALIFYING REAL ESTATE INVESTMENT COURSES:

Read reviews online be sure they are not produced by the retailer, but by previous consumers
Test it out money back guarantee period biggest problem = people don't open it
What kind of support are they offering?

COSTS FOR REAL ESTATE EDUCATIONAL MATERIAL:

costs can vary typically $700 $1000, some as low as $300
1payment, 2payment (premium), rare to see 34 payment options (premium)

A course won't do a deal for you, so don't get stuck spending all your time analyzing every detail. If you are new to the business or have a few deals under your belt these types of courses are more beneficial to you. If you are seasoned, or experienced real estate investor (20+ deals), and looking for those special niche strategies, you might be able to pull a few helpful tips out here and there, but its not always guaranteed. So be aware of that.

Again, this is Frank Chen with REIClub.com. Please take the time to leave your comments for this video below and please subscribe to our YouTube channel so you'll be automatically notified when we upload more quick video tips for you. Take care and good investing.