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Real estate investment opens up countless earning opportunities on a number of levels. Whether you’re looking to supplement your household income by small-scale investing in a Real Estate Investment Trust (REIT), or are aiming to join the ranks of America’s best real estate agents and brokers, real estate has the potential to help you grow your wealth. To give you a solid grounding in real estate investment and keep you up to date with the latest developments, here are three invaluable real estate resources for beginners.
No matter what you’re planning, one thing always holds true: You need to educate yourself first. The market is constantly changing. Basing your investment decisions on outdated knowledge or pure intuition will rarely work out in your favor. Most likely, you’ll end up losing substantial amounts.
1. Real Estate Investment Blog Resources
When written by experts in the field, blogs are an amazing real estate resource. A high quality blog will be able to give you unbiased information from an insider’s perspective.
Among the variety of blogs out there, some focus on covering the bases of real estate investment and laying them out for newcomers. While others specialize in recording and analyzing recent trends. With a bit research, you are bound to find one that is right for you, in terms of both knowledge level and focus.
When starting, it’s worth looking at recent best-of lists of real estate investing blogs. This way, you’ll be sure that the pages you’re looking at are currently active and producing content. Two stand-out examples are Fundrise and Coach Carson.
Fundrise features in-depth how-to articles, a glossary of investing terms, and insights into recent developments. It also dedicates an entire section to getting beginners up to speed in its Real Estate Investing 101 category.
Coach Carson is the personal blog of Chad Carson, a real estate investor who has already reached his goal of achieving financial freedom. He offers resources and recommendations to help others follow in his footsteps.
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2. Podcasts for Real Estate Investing Beginners
If you learn best by listening, or want to brush up on your real estate investing knowledge while commuting, cooking, or working out, podcasts are the right resource for you.
In 2020, a huge variety of podcasts on the topic are available on Spotify, Apple Podcasts, Audible, and other platforms. As with blogs, recently published rankings can be a massive help when finding the right fit for your needs. Think Realty Radio and The Real Estate Guys are some of the best to start with.
Think Realty Radio aims to help listeners chart the latest investing trends. They post new episodes several times per week and feature investing experts in conversation with host Abhi Goldhar.
The Real Estate Guys Radio Show is currently one of the most downloaded investing podcasts on iTunes. Hosted by Robert Helms, a professional real estate investor, and Russel Gray, a financial strategist, it provides an entertaining look at real estate investing news, education, training, and resources.
3. Online Real Estate Investment Resources
For a comprehensive, well-structured, and detailed introduction to real estate investment, check out courses on online learning platforms. Some examples include , Udemy, Coursera, edX, and dedicated real estate learning platforms like BiggerPockets. For example, Udemy offers courses like Fundamentals of Analyzing Real Estate Investments, and How to Analyze Passive Real Estate Investment Opportunities. Experts in the field that have first hand experience teach the courses. They usually cost between $100 and $300.
Coursera features courses by universities from across the world, with classes on topics such as financing and investing in infrastructure and cutting-edge subjects like Application of AI, InsurTech, and Real Estate Technology. A definite plus: Courses are free to audit. You’ll only have to pay if you want a certificate at the end.
Finally, platforms like BiggerPockets are devoted exclusively to real estate investment education. BiggerPockets offers a blog, a podcast, webinars, and expert analyses. There is also a free Ultimate Beginners Guide to Real Estate Investing that covers the entire subject comprehensively. Access to all these resources is free. However, you’ll have to create an account to download some of them. A paid membership (starting at $19 per month) will give you access to resources such as an exclusive pro forum, and advanced member search.
Before you get started in real estate investing, it’s crucial that you put the time—and perhaps the money—into acquiring a grounded education. By using these real estate resources such as, reading blogs, listening to podcasts, or taking online courses, you will be able to internalize the fundamentals of real estate investing. You’ll also become familiar with the latest trends.
That way, when it actually comes to getting started in the market, you will be able to base your decisions on others’ experience, solid knowledge, and proven strategies. Then finally, forge your own success.
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