Where To Learn About Real Estate

The following is an extract from Heather and Brandon Turner'southward The Book on Rental Property Investing, available in the BiggerPockets Bookstore.

What is the "correct" source for you to study? Where do y'all find the best real estate knowledge? Permit'southward explore several of the near mutual learning methods you can utilise to obtain noesis most the particular real manor niche you want to focus on.

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The v Best Methods to First Learning Near Existent Estate Investing

1. Books

When I first got started investing in real estate, I cruel in dearest with real estate books. The summer after I decided that real estate was going to be my time to come, I read more than 100 real estate books, averaging almost ane per day. I didn't pay for most of them, considering I merely went to my local library each week and reserved a handful of titles I wanted to read.

Books have a manner of changing the mode yous retrieve, considering you are spending so much time inside an author's caput. Past reading this book, today, you lot are getting a glimpse inside my mind and learning how I recall almost real estate. Information technology took me a decade to learn how to get where I am today, and you will learn everything I know about rental backdrop in the adjacent few hours!

Does that excite you lot as much as it does me?

I desire to requite yous a list of my favorite real estate books, so you can head to your local library or hop onto Amazon.com and pick up a few for yourself, but rather than taking up space in this volume to practice so, I'll simply invite you to go to BiggerPockets.com/BestBooks to find my list of my 21 favorite real estate books, written by such authors as Gary Keller, Spencer Strauss, J Scott, Larry B. Loftis, Frank Gallinelli, and Ken McElroy!

Related: 4 Toxic Habits That Sabotage Even the Well-nigh Promising New Investors

The last affair I want to say nigh books before nosotros move on is this: don't simply read. When yous are first getting started, read as much equally you lot can, just after a while, y'all volition need to cease reading and start doing. You might brag to your friends that you read 20 books this calendar month, but if you didn't learn anything or take action on the data in those books, what was the purpose? You would be ameliorate off reading but five books in a year and taking activeness on what you learned! So with this book, set a goal for yourself of reading every word, mayhap fifty-fifty twice, and and so putting the lessons in it into activity.

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ii. Podcasts

Mayhap the newest educational medium on this list, podcasts are sound shows you can listen to online or on your smartphone. When I decided to take a more agile function at BiggerPockets, the offset thing I insisted to Josh (our CEO) was that nosotros start a podcast, largely because I was fond to listening to other podcasts, and I knew the power they had to aid and inform people.

We launched the BiggerPockets Podcast in January 2013, and within days, we hit the top ten list of ALL business podcasts on iTunes—and we've remained the number 1 real manor podcast in the world e'er since. We've recorded more than 250 shows, covering everything from losing millions of dollars to investing while working a full-time chore, as well as about wholesaling, lease options, rental properties, landlording, flipping, mobile homes, commercial investing, and then many other topics. Nosotros've asked every single invitee about the real manor and business organization books that changed their lives. We've discovered the hole-and-corner to their success and what they believe sets successful investors apart from those who surrender or fail. We've asked them well-nigh their mistakes, failures, victories, and routines. And we've done all of this to help you become a better investor.

Podcasts are free, and you can listen to them while you drive, while you work, while yous fold laundry. You tin can listen with your spouse, with your kids, or lone. You can even heed at double speed to fit more shows into your decorated schedule.

I often talk virtually the power of the people with whom you spend your time and the influence they can have on your success. So why not spend a few hours each week taking in a existent estate podcast and learning from other investors? Podcasts take an incredible way of making you feel like you know the host or guest, as though you are actually sitting downwards with them for coffee.

Every BiggerPockets meetup or consequence I attend, I hear that sentiment from dozens of people I've never met before; they tell me, "I experience like I know you!" And the funny thing is that because they accept listened to so many episodes of our bear witness, I experience like I know them, too. Continue in heed, if one show per week is not enough for you, at that place are dozens of real estate podcasts available (including BiggerPockets Money Show and BiggerPockets Business Podcast), some better than others. I'd recommend the BiggerPockets Podcast, of course, but my other favorites are The Real Manor Guys Radio Show and Only Kickoff Real Estate with Mike Simmons, but if you look effectually, you may find others you relish also. And if you find a good show you enjoy, help the podcaster out by leaving him or her a rating and review on iTunes. Producing a podcast is the nigh time-intensive action I practice each week, so I know how much work goes into them.

Requite your favorite podcaster a boost by improving their rankings in iTunes with a positive review!

3. Blogs

If you had said the word "weblog" x years ago, very few people would know what you were talking most. All the same, today, blogs are everywhere. For those even so unaware, a web log is a collection of manufactures, chosen posts, published online for complimentary. Anyone can get-go a blog and share their noesis, which makes web log posts one of the all-time ways to gain existent estate education without having to pay a penny. The Internet has hundreds, if not thousands, of existent manor investing blogs written by existent-life, practicing real estate investors and roofing practically every real estate niche and strategy.

4. Forums

Books are amazing sources of data, and blog posts tin can offering terrific insight, but both of these sources are "i directional." In other words, you lot simply receive information. Engaging in a conversation with either 1 is hard, if not impossible. So for this aspect of your education, I recommend getting involved in an online real estate investing forum.

Forums are essentially online conversations around a particular topic. One person starts a "thread," or conversation, and anyone in the customs tin answer with a mail service to offer communication or knowledge or to in whatsoever other way further engage in the discussion. Forums are swell, because when you are investing in rental properties, situations will arise that no book or blog post has ever addressed. For these "what if" questions, existence able to inquire for input from others in the same position via a popular real manor investing forum, such equally the BiggerPockets Forum, is really dainty. And most forums are free to employ.

Related: 3 Feasible Ways to Start in Existent Manor Wholesaling as a Complete Newbie

Non simply are forums great for asking questions, they are also a fantastic fashion to network. When yous jump into a forum to engage in conversation (no matter what your experience level is), people see you and connect, just like in the real world. You can apace establish yourself equally someone who is serious nearly the concern and find potential lenders, partners, deals, and other valuable resources and opportunities. I oftentimes hear stories about individuals in the BiggerPockets Forums who are finding incredible success because of their participation there. I strongly encourage you lot to practise the same—take 10 minutes each 24-hour interval to interact with others and build your reputation on the BiggerPockets Forums or the online forum of your choice.

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5. YouTube

Want to hear a undercover?

YouTube has more than merely beautiful cat videos! Shocking, I know. But with 432,000 hours of content being uploaded to the site every day, YouTube is actually filled with a lot of great educational content that can help y'all grow as a rental property investor.

Keep in mind that I'yard not merely referring to videos on real manor investing. You can also find videos on business direction, motivation, home repairs, and pretty much anything else you need to aid yous become a more successful real manor entrepreneur. Only don't get too sidetracked by all the cat videos. There are a lot of them!