As a subject, you won't find real estate investing on a list of high school electives. There are no professional degrees or vocational courses on the subject. In all likelihood it may not be a career that your college or high school counselor will recommend. If your counselor had any knowledge of real estate investing, the counselor probably would not have been there to give you guidance.
This broadly highlights one of the biggest problems in the orientation of the US educational curriculum. It just prepares you to get a job and make a living. It is only when you get out into the fiercely competitive and unforgiving world that you realize that you have a lot to learn about succeeding.
The ten years in a university classroom did not teach me anything besides academics. It was only later, when I learned the skills of real estate investing at you might say the University of Life and its Hard Knocks that I became a financially successful investor and a multi-millionaire in the process.
I learned what no brick and mortar university could possibly teach me. For people like me, who educated themselves the hard way, I have realized one thing. It is not the cost of education that is expensive; it is the cost of removing one's naivete and ignorance. When I look at the infomercials and the seminars that charge you big bucks for attending week long boot camps, and scale up their prices to anything between 25 and 50 thousand USD for ostensibly coach you on investing in real estate, all I have to say is that you don't have to mortgage your house for a loan to learn about real estate.And what are you likely to get in return? A kid who is still wet behind the ears, but who is trying to look and act way beyond his years by giving you textbook advice about investing in real estate. The advice will be about things that in most likelihood you are capable of learning by using your own common sense and persistence. I know how the real estate investing education system works, because I have known the so-called gurus behind the system for about 25 years. There is a large and gullible population that is willing to pay for learning in a year that would and should take a lifetime. When I started out my career as a investor, 25 years ago, infomercials and real estate seminars were rare. The trend was started by Al Lowry, Nick Nickerson, and Mark Haroldsen and then expanded by Robert Allen.
It was Robert Allen who capitalized on the growing opportunity by introducing, conventions, seminars, infomercials and information packaged in attractive books and cassettes; giving it a form that we are familiar with today. The first truth is that real estate is one of the most prolific careers in the world today. It deals with one of the most valuable and limited of resources. The second truth is that the best way to learn about real estate is to learn the basics and putting the basics in practice. You will learn by working with deals and by your own personal experience.
Aquiring Real Estate Investing Skills