A Guide to Real Estate Investing Courses and Seminars
I have spent thousands of dollars on real estate investing courses and seminars during my 16 year career in rental property investment. Have I recovered my investment? Undoubtedly yes, but I have also wasted lots of money that I didn't need to waste. Hopefully, I can give you some insight into my experiences so that you can learn from them.
The trouble I have with real estate investing courses is the amount of money that real estate guru's charge for them. In many cases the quality of the information is not that good. The cost to produce the materials are at most less than $100 (and for some e-books almost nothing) yet these self-proclaimed guru's feel that they can charge $500 to $1500 for their courses. To me this is outrageous and one of the reasons I created this website.
For the beginner or someone who is interested in modest investments in rental property (say one or two purchases per year), it really is not necessary to spend the money to attend a real estate seminar or to buy most real estate investing courses.
Real estate seminars can cost several thousand dollars to attend and most of the speakers are there to sell you their $1500 real estate investing course at a "special price" of "only" $999!!! Unfortunately, this gives the public the impression that investors are greedy capitalists. But P.T.Barnum's observation that there is "a sucker born every minute" is more apt (I'm included here!)
Don't get me wrong - real estate seminars are very motivational and can inspire you to start on a path to financial freedom. Or they can get you into lots of unnecessary credit card debt. If you have already bought some investment rental property and want to make a career of this, it might be worth attending a seminar, otherwise stay away.
Note! I do not receive any commmisions or income from these courses!
An excellent source of information on real estate courses is John T. Reed. He provides a
guide to real estate investment guru's.
Most of his reviews are negative which does not surprise me. There are two courses that I recommend:
- Dave Whisnant
is an Atlanta attorney turned investor. His course is fairly low priced at less than $400 but contains lots of useful information. His specialty seems to be searching public records which I consider to be worth the price of the course alone. Like most guru's he is prone to some hype but overall he provides lots of details on marketing and rehab which are good. John Reed takes some issue with his approach to credit repair but I used his techniques to raise my credit score 100 points and I didn't do anything shady to accomplish this. Overall a value buy.
- Pete Youngs
provides a rehab course that is second to none in my opinion in regards to getting the best price on home improvements. After purchasing his course, I set up my company at a local wholesale distributor and saved about $3000 for replacement windows over the price Home Depot quoted me. I've probably saved $30,000 overall from implementing his ideas. Unfortunately, he charges $1200 for his course which, in my opinion, is way too much. I bought his course on Ebay for $200 and still see other used rehab courses there. If you can get a used Pete Youngs course buy it now!
So next time you go to your local
Real Estate Investment Club
meeting and a guru is speaking, be careful before you fork over hundreds of dollars for their "great deals". You can get most of the information much cheaper by buying
real estate books.
On the other hand most people never make much of a commitment to make changes in their lives until they have money on the line. If that's you, shop around and see if you can find a cheap/used course to whet your appetite.
Return from Real Estate Investing Courses to Real Estate Resources
Investing in Rental Property Home
How to Get Rich and Build Wealth Learn the secrets of how to get rich by using leverage and compounding. Learn the 8 steps to becoming financially independent.
|
The Best Investment - Real Estate, Stocks or Gold? What is the best investment to make? Investing in rental property can beat stocks, bonds and gold in security, return and tax advantages.
|
Investment in Rental Property - Rental Property Investment Investment in rental property page outllines the basic skills and knowledge you need to be a real estate investor and to avoid risk when buying rental houses
|
Owning Rental Property - Adding Investment Property to your Portfolio Owning Rental Property; Learn how to choose the right investing software, make wise property investment choices, calculate property depreciation, real estate tax information and tips on finding the best investment property
|
Buying a House for Rental Property Investment Some tips for buying a house for use as a rental property investment
|
Residential Real Estate Investing Guide Single family residential real estate investing is the best way to start investing in rental property - buy a house!
|
Buying Foreclosures - Buying a Home after Foreclosure - Buying a Bank Foreclosure What to look for when buying foreclosures either at foreclosure auctions or after foreclosure - bank owned properties
|
Home Inspection and Home Repair Advice Perform a thorough home inspection before buying rental property. Get some house inspection tips on the knowledge you need to buy an investment property
|
Get a free credit score instantly from 3 credit agencies and learn how to improve credit score Get a free credit score online instantly, what your free credit score report means and learn tips about how to improve your credit score
|
Creative Real Estate Investing Ideas Here's a long list of creative real estate investing ideas to do deals for your rental property investment business
|
Real Estate Loans - How to Finance Investment Property Real estate loans - the most complete guide to financing investment property on the web. Learn every source of funding your property investment.
|
Rent to Own Advantage - Using Lease Options Leasing your house with a rent to own investing concept will optimize your profit and minimize tenant problems. Sometimes called lease purchase, lease with option to buy or lease with option to purchase. This type of renting mimimzes empty property, maximizes rent and gives you the best tenants.
|
Tenant Screening Tips and Tenant Credit Checks Some tenant screening tips to ensure that your lease-purchase tenant will take care of your property. Doing tenant credit checks.
|
Flipping Real Estate - selling your Investment Rental Property Flipping real estate the slow way makes more sense than the popular TV shows methods
|
Investment Property Exchange - 1031 Property Exchange Use an investment property exchange (also called a 1031 property exchange) to sell your rental property without paying taxes
|
Real Estate Forms - Free Real Estate Contracts Some basic real estate forms for rental property investment including lease option contracts for a rent to own concept and free real estate purchase agreement
|
Real Estate Investing FAQ Real estate investing FAQ, ask or find answers to your rental property investing concerns, tenant problems or other investment property question
|
Real Estate Legal Tips - Protecting Investment Property Assets Real estate legal tips to help you when buying and owning investment rental property - protecting your investment property assets, dealing with tenants, real estate forms
|
Real Estate Resources to help investing in rental property A guide to real estate resources - real estate book, real estate courses and real estate web sites
|
Investment Rental Property Blog Get updates to the Investing-in-Rental-Property website as new information is added and the latest news that relates to investments in rental property
|
Investing in Rental Property SiteMap Detail list of web pages for Investing in Rental Property Website
|
Free Real Estate Articles Real estate investing articles published by Investing-in-Rental-Property.com
|
Contact Us at Investing in Rental Property Contact Us at Investing in rental Property Website
|
Disclaimer Investing in Rental Property A disclaimer about the website Investing-in-rental-property.com
|
About Investing in Rental Property Website About the author of the Investing in Rental Property web site
|
|