How to Learn Real Estate Investment Strategies the Right Way


by Peter Vekselman - Date: 2008-10-28 - Word Count: 504 Share This!

There are many ways to learn real estate investment strategies. You could, for example, buy books or do research on the Internet. You could also take a study-at-home course. You could attend an accredited real estate training option. Yet another option is to hire a coach or mentor to teach you the ropes. A coach or mentor can be the best source of real estate training---if you get the right coach or mentor. The key to choosing a mentor is knowing what questions to ask, and being able to assess their personality, knowledge and professionalism.


If you start talking to coaches and mentors, they will all tell you that they care about your future make sure that they actually demonstrate it by offering worthwhile service. Speak to them many times as you're in the process of making your decision. If you draw out the interview process while choosing, you'll eventually get a chance to see how they behave with their guard down. If you get the sense that they're not interested in anything beyond an immediate sale then they are most likely not someone you want to do business with.


Training or mentoring can help you to figure out exactly what you need to understand, what skills you need to acquire, and how to go about learning what you need to learn from your real estate mentor. All of this will help you develop self-confidence and self-trust and thereby enable you to do whatever is necessary in order for you to succeed. After real estate training, you will have more control over the speed and direction of your growth, your business will be stronger, and you will be stronger. It is a great way to take your business to the next level.


If you hire someone as a mentor or coach, they should genuinely care about your future. Make them demonstrate this. If they don't care about you before they take your money, they won't suddenly start to care after they take your money. If your real estate consultant makes a promise to do something for you or provide something for you, get it in writing, especially if it has a monetary consequence to you. Even if the real estate consultant's intentions are good and above board, it makes sense to get it in writing to avoid any misunderstandings. A written contract will also give you recourse if your consultant does not follow through on what they promise.


Your real estate coach or mentor should be the kind of person who will give you realistic suggestions to help you, not suggestions that are unfeasible given your situation. The suggestions must be within your means to actually carry out. They must also have an impact on your bottom line within a reasonable amount of time. These suggestions must also be within the range of your technical expertise to actually carry out. If these criteria are not met, perhaps your real estate consultant gives basically the same advice to everyone without considering their unique situation.


Related Tags: investing in real estate, real estate coach, real estate mentor, peter vekselman


Peter Vekselman has been successfully investing in real estate since 1996. He has completed over 1000 real estate deals, owned a construction company, been a private lender, and owned a property management company. Peter currently works with clients all over the US www.CoachingByPeter.com .

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