To start off with, you’ll never do that. Not to burst your bubble or anything, but you as one person, will never learn everything about real estate investing. If you in fact did learn everything, you wouldn’t have had time to take any action along the way, so you’d merely be a library full of knowledge, and completely void of money.
I think it’s a much better course of action to learn as much as you need to learn about the specific strategies that you want to implement, and then take action on that. You definitely don’t want to go out there spending a bunch of money without any knowledge, but if you wait too long you’ll fall victim to analysis paralysis. Neither of these are acceptable results.
Once you’ve acquired enough knowledge to know what you’re doing in a particular strategy, start taking action on it. You’ll make mistakes. It’s ok. You won’t die. You’ll learn from your mistakes and you’ll continue to learn along the way. As you get more and more experienced and you educate yourself more and more, you’ll find that you’ll have answers for more and more situations that real estate investing throws at you. You’ll start to feel like Batman, having a tool for everything.
So to get back to the original question, I don’t think you’re ever going to know everything there is to know about real estate investing, but you can definitely over time get more and more knowledge. The whole reason you’re interested in real estate is probably so that you can make more money so that you can go out there and do what you want in life without worrying about money. Real estate can do that for you.
When you’re brand new, think of a dot on a piece of paper as the amount of knowledge that you have about investing. Then when you learn a little, draw a small circle closely around that dot. That now represents that knowledge that you have about real estate. When you learn a bit more, draw a slightly larger circle around that. Do this a few times and you have much more knowledge than when you started, but the size of your circle is still much small than the size of the piece of paper. You can start investing in real estate long before you have a large circle.
There are many places that you can start to expand your knowledge of real estate investing, but the best place that I found to do that was through online classes that are taught by practitioner instructors. They teach all sorts of classes across nearly all real estate investing strategies. It is current, accurate and relevant information about both real estate investing and business development in a community setting that inspires personal growth and generous giving. It’s the best way to learn as far as I’m concerned. You can get more information about it at frozenfires.com
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