Uploaded by reiclub on Jul 15, 2011
http://www.REIClub.com -- Are Real Estate Investing Courses Necessary To Be Successful As a Real Estate Investor? Here's How You Can Decide If A Real Estate Investing Course Is Right For You.
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 - 1-10 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, 1-800, weekly calls
DISADVANTAGES:
- Sometimes can be pretty basic
- Won't tell you everything you need to know step-by-step
- 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
- 1-payment, 2-payment (premium), rare to see 3-4 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.
http://www.youtube.com/watch?v=ZAI5Xe1AA4I
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Tags:
- real estate investing course
- real estate investing courses
- real estate investing class
- real estate investing classes
- real estate education material
- real estate home study course
- real estate investment clubs
- real estate
- invest in real estate
- real estate investing
- real estate investments
- real estate investors
- real estate club
- rei club
- reiclub
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Thanks, Frank! That's why we do our FIRST CLASS for FREE! The real challenge is to determine WHERE to invest. Most of us realize that it is VERY DIFFICULT to find value in California; however, it is NOT as difficult to find value OUTSIDE of California, as long as you have a SYSTEM in place of Agents, Property Managers, etc. and that your bottom line INCLUDES all of these costs! Please visit us at dare2dreamdotbiz for details or investorexdotcom for our current portfolio
LuJackCity1964 6 months ago
appreciate the honest (and free) information! thank you.
lcfleming11 7 months ago
frank you are the shit!!!!!!!!
greghernandez21 7 months ago
Your Intense!
nextagecaptexrealty 7 months ago
wow.....that was intense man ! :-)
ShortsaleBrothers 7 months ago
Very sound advice Frank.
LTshow2 7 months ago
Thanks Frank for all your hard work. I love all your videos. Always trying to get a little more knowledge on real estate investing. One should always be trying to learn a little something. Your material is great. Thanks so much.
stocktrader777 7 months ago
Great presentation and covers so much to think about. I see myself and my problems in your video. . .
Thanks so much!
820Jeanne 7 months ago
Thx Chen it was helpful info. That was one of my concerns that I had about these home study courses.. So I appreciate u taking the time out to explain it to us.. looking forward to you next week
ajahdb 7 months ago