All right, what's going on everybody?
In today's video I'm going to be going over whether or not you should purchase a real
estate program or a course.
I'm sure you've probably seen online, Facebook, Instagram, YouTube, different real estate
coaching programs that promise teaching you how to get rich in real estate, how to start
flipping houses, how to become a real estate investor.
In this video I'm going to tell you exactly what you need to know about purchasing a real
estate program or course.
All right, for starters, you absolutely do not need to buy any type of real estate program,
book, seminar, coaching program, mentorship, or anything like that to be successful in
real estate.
I'm sure if you look around at the different real estate investors you can find people
that probably just started doing real estate investing, got an intuitive feel for it, learned
from their mistakes, and became successful as real estate investors.
Now, that being said, from my own personal experience, I've actually done numerous coaching
programs and real estate courses, and things like that.
And I'll probably continue to do so, because the way I see any real estate coaching program
or course, it's an advantage.
And as a real estate investor, you want as many advantages as possible going for you.
Some of those advantages might be, hey, you're in a mentorship program, you're in a coaching
program.
Or maybe you have a really good network, or maybe you have a lot of funding.
There's different advantages that you should look for in the real estate business.
And it's funny to me too, because there's a lot of real estate professionals that think
they're above any type of coaching program, or course.
Or above any type of other further education, when in reality if you look at the top athletes,
top CEOs, even the top real estate investors, they all have some type of coach, mentor.
Or maybe they're in a mastermind group, different things like that.
Lebron James has a shooting coach, nutritionist, personal trainer.
There's probably 20 other different types of coaches.
The top CEOs, they all have mentors and different coaches that they rely on, just to give them
an edge, give them a slight edge in the business.
And I know from personal first hand experience some of the top real estate investors in the
US, they're all coaching programs, or joined a coaching program.
At this point might have even started coaching programs.
And they're all in mastermind groups, they all attend seminars.
They're always looking for ways to gain more advantage over their competitors.
And one thing I would add to that is even if you join the worst coaching program of
all time, or the worst mentorship, or whatever it may be, you're always going to learn at
least one thing that will make you a better real estate investor.
For me, if you're serious about the business, you should always be looking to further gain
more advantages and learn more, and evolve as a real estate investor.
Because a lot of people also think it's some crazy skill that only people on TV can do,
and I actually heard Dan Kennedy say this.
He was actually referring to actually becoming a millionaire, but you could actually apply
this to real estate investing.
It's a lot like learning how to fix a car's transmission.
In other words, it's a learnable skill, it's not some made up skill.
Real estate investing is very simple, you get a lot of leads, evaluate a lot of deals,
and then a certain percentage of those are going to be good deals.
And then you put them together and get the deal done.
And actually he gives an example of Ron Le Grant.
Ron Le Grant actually used to be an auto mechanic, a car mechanic.
And he saw an ad for a real estate program, how to get rich in real estate.
And this was I think in the 80s, or maybe even the 70s.
And so he signed up for the class, I think it was 200 or 500 bucks, took the class, and
started implementing what he as learning, and became one of the most successful real
estate investors in the US.
And now he has ... he still does real estate investing, you can actually look him up, but
it's funny because he was like the auto mechanic turned real estate investor.
And most people would think of auto mechanics as kind of like a blue collar type of thing,
but if you're just willing to learn and work hard, it's not like real estate investing
is some hugely complicated thing that you need an Ivy League degree, and masters degrees,
and things like that.
It's a learnable skill, and the way you learn it is through books, seminars, mentors, coaching
programs, things like that.
And it was funny too, because Dan Kennedy said, "How many other car mechanics back in
the 70s or 80s saw that how to get rich in real estate ad, did nothing, and probably
are still in the same position they are today?"
So if you actually just focus and apply yourself and seek adventures and learn from these different
programs, you can absolutely become a real estate investor and start doing deals.
Now, if you don't want to purchase a real estate course or program, which is totally
fine, like I mentioned, you don't have to, I think it is an advantage, one way of finding
mentors and things like that and doing coaching is just listening to podcasts.
There's hundreds and thousands of freely available real estate investing podcasts.
And what you can do is just spend maybe a week, and you can just call it a weekend seminar,
just listening to 100 different podcasts.
They're free, they interview real estate investors, they tell you exactly how they got started,
how they find deals, what types of deals they're doing, mistakes they made.
Different likes that.
So it's almost like having a consulting session with some of the top real estate investors
from across the country.
And another free way to get a mentor, or join a coaching program essentially, I mentioned
this in some of my other videos, but just find the top real estate investors in your
area, and start sending them deals.
So, start sending them off market deals, like start doing direct mail, maybe size, maybe
networking.
Start looking for good off market opportunities, and send them to the top investors.
And a lot of times they'll coach you on how to get the deal done.
They might partner with you, and they'll teach you a lot of tips along the way.
So, overall I think real estate coaching programs, while there's a lot of hype and things like
that around them, I think they're actually great.
I did a real estate coaching program, I continue to get mentors, I'm in a real estate mastermind.
I continue to go to seminars, I continue to read books, because I'm never going to learn
everything there is to know.
But at the same time, I want to be the best, I want to have every possible advantage.
I want to learn every technique possible, just because a lot of times people don't know
what they don't know.
But there's a lot of information out there that people, they just never got the information.
They never learned how to buy a house at a discounted price and sell it at a higher price.
They never knew how to get 20, 50, 100 leads per month.
And by joining these programs, you'll learn specialized information that you would almost
never learn in any traditional type of education.
I was actually just looking at the curriculum of a masters degree program, and I was like
I wanted to do it because I think networking would be great, and it probably still would
be great networking.
But none of the stuff was really applicable to me as a real estate investor.
I mean it kind of was, but I could just learn the same material from reading books, and
it probably wouldn't be as technical.
I was like this just kind of seems pointless.
Overall I think real estate coaching programs are great.
You absolutely don't need to join one, but I think they are valuable if you can.
I would actually suggest joining one, just because it will give you different advantages.
You'll meet other people, you'll get into this whole network of people that do real
estate investing for a living, so it's a pretty cool niche, and it'll open your eyes to so
much information that most people, even in the real estate industry, aren't even aware
of.
Like they just never got the information.
And if they did, their business probably would like way different.
Thanks for watching this video, and I would definitely recommend looking into different
real estate coaching programs and course, things like that.
And the way to find a good program or course, just look at the testimonials, just try to
find a course or program that tons, hundreds if not thousands of different testimonials.
That's typically how you're going to find a good program.
Thanks for watching, please subscribe, please share, please like.
And I will see you in the next one.
All right, bye.