I’m a sports junkie. I mean the real sports – football, baseball and basketball.
Soccer is not a sport because as the late George Carlin explained, you can’t use your hands. Ditto for hockey. Running isn’t a sport either. If I can ‘run’ to the store for a loaf of bread it’s not a sport. And swimming? Swimming isn’t a sport. Swimming is a way to keep from drowning.
Being a sports junkie means I’m also a sports talk radio junkie. I listen almost non-stop all day. At my computer. In my car. On my phone. About the only time I don’t have it on is when I’m writing a post for my blog or BiggerPockets.com.
The end of the regular season in major league baseball is near and there’s a lot of talk about the “magic number”. My favorite baseball team, the Arizona Diamondbacks, lead the division and their “magic number” is 2. But as much as I thought I knew about baseball I’ve never really understood how this number is calculated or what makes it so magical.
A quick Google search and I had my answer. It’s simply the number of wins the 1st place needs, or number of losses the 2nd place team must incur, or combination of both, for the 1st place team to clinch the division. If you’re a real numbers geek click here for the formula.
This little research project got me thinking. In the information age we live in now there is no excuse for ignorance. There are books, blogs and YouTube videos that explain how to blow glass, make jump ropes, roll up long extension cords, grow tomatoes that don’t split in the heat and sharpen knives (yes, I really wanted to know how to do all of these things).
Likewise, real estate investing education in the information age is easy to find. Best of all, for the most part it’s free.
If you’re reading this post you already know how valuable a resource BiggerPockets.com is for how-to’s, tips and lessons. On my blog, FreeRealEstateEducation.com, I write posts and produce videos on everything from structuring seller financing deals to using an online bidding service to buy houses at the courthouse steps.
Every contributor on BiggerPockets.com has their own blog or website. There are countless other successful real estate investors online that offer information for free. Here in Phoenix there are two well respected housing experts that give away detailed, up to date market recon on their main sites – no login information or money required.
And if for some reason the information you’re looking for isn’t in cyberspace, chances are the person who has the answer to your question is. Just yesterday I had a local real estate appraiser send me a tweet. He wants to get into real estate investing and was curious about how I raise capital. I answered all his questions in a 15 minute phone call (if you don’t know how to use Twitter there’s a YouTube video for that too.)
My Dad likes to say, “If you think education is expensive, try ignorance.” Well, thanks to Barnes and Noble, Google and YouTube, education is no longer cost prohibitive. Too bad for me. My wife wants me to sharpen the kitchen knives and I can’t say I don’t know how.