Locust Valley, NY · Member since 2013 · 8 posts · 0 votes
Hi how're you doing.
I noticed there are over a hundred BiggerPocket Podcasts. I'm just getting into Real Estate Investing, and want to get a proper background on the terminology, the lingo, and just get a feel for everything so I can choose my path.
I was thinking about buying books, online courses, in person courses, and of course these Podcasts.
Just wanted your opinion, what would be the most structured way of getting a Real Estate education. I have no problem listening to hours upon hours of podcasts, but I don't want to waste precious time if there's a more efficient way of gaining my education.
as @Jeff Rabinowitzsaid, everyone learns differently so it really depends on how you best soak up knowledge. That said, regardless of how you learn, it's important to reach out to people who are interviewed, write the books, do the deals locally, etc. and get to know them and their biz model better than passively listening or reading about it. Most people don't do that but it will get you farther down your path faster. @jason r.
Podcasts provide a great foundation. I have listened to every single one and I highly recommend them. They're a great starting point and really easy to do during driving. Some are excellent and need to be noted and listened to again at a desk with a note pad. I recommend reading lots of books that are recommended in the podcast as well. There are several must reads. Doing those things combined with ACTION are better than any guru.
@Jason R., welcome to BP. Everyone learns differently. There is no right way. I would contend it would be difficult not to learn a great deal by listening actively to the BP podcasts.
You will learn a ton through the podcasts. Listen to them every time you drive anywhere and you'll get through a lot of them quickly. Read all of the guides here on BP as well, you will get a lot of education out of those as well. Unless your buying real estate related books, I wouldn't spend money on your real estate education. Also, take what you learn and apply it by analyzing a few deals, even if your not ready to buy. It will help you when your ready to make a deal in the future.
The podcasts have a great value because of the broad overview. Books can be equally broad, but you can't read while cutting the grass. The podcasts show that there are may ways to make a go of it. Books offer more details. Real estate is local, the tenants are your customers and one must understand the expectations of the local market. Plus, leads are generated by making contact with people of information. Education= podcasts + reading + meeting up with people.
Jason R. The podcasts are just a small portion of what BP can teach you. I got most of my education from networking and connecting with other investors on BP. After I got the basics down, I took it to the next level and actually started buying homes. Then I got even more education just through my experiences. It's a growing process where you are always learning.
as @Jeff Rabinowitzsaid, everyone learns differently so it really depends on how you best soak up knowledge. That said, regardless of how you learn, it's important to reach out to people who are interviewed, write the books, do the deals locally, etc. and get to know them and their biz model better than passively listening or reading about it. Most people don't do that but it will get you farther down your path faster. @jason r.