Thousands of quotes from the most prominent world leaders, entrepreneurs, and business tycoons state the immense value of real estate. Franklin Delano Roosevelt, the 32nd President of the United States, said it best: “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”
Many historical examples prove that societies that support private land ownership and champion property rights fare well in economics and overall well-being. It’s no secret that investing in real estate can be an excellent option for most investors.
But for many aspiring investors, the question is whether a real estate course online will deliver the right information. Explore this guide that outlines how to differentiate the good from the bad when it comes to online real estate investing courses.
Questions to Ask When Reviewing Online Real Estate Courses
Before enrolling in the first class you find, stop to ask the right questions. You must know key information about the online course and the people who lead it.
If you fail to ask these questions, you might spend years or your ENTIRE LIFE executing on bad advice and getting terrible returns on your investments.
Do They Practice What They Preach?
The best teachers are those with real-world experience. When researching a course, ask these three questions:
- How long has the instructor invested in real estate?
- What is their professional background?
- Does their knowledge base align with my aspirations?
If you can’t find an adequate answer to any of these questions online, a particular course may not be for you. Courses with highly technical material often miss out on the personal aspect of real estate investment that only comes from experience.
Although you can certainly learn the basics of real estate investing online, you’ll have to interact with people in person regularly. Those in real estate may deal with unruly tenants, utility companies, construction workers, government agencies, agents, financial professionals, and others.
In addition to the basic and advanced mechanisms of real estate investing, your chosen course should have an instructor who can teach you how to interact and deal with people.
Does the Course Have Content That Is Actually Valuable?
It’s essential to assess the quality of the content offered in the courses you’re considering. Some focus on specific aspects of real estate investing, while others provide an overview to take you from the beginning to advanced levels.
Look at reviews from past participants to get a sense of what you might learn from the course. Assess your personal goals when considering what you want to learn and move forward with the opportunities that align.
Does the Course Have Strict Requirements?
All the best online real estate investing and finance courses have strict requirements. However, this doesn’t mean you should spend eight hours a day on classwork and studying.
Class attendance and participation should have incentives, and instructors shouldn’t accept excuses for missing class or classwork. After all, a quality teacher won’t want to waste their time teaching an unmotivated group.
Online real estate courses can have many attendance requirements:
- Weekly group calls
- Daily live lessons
- Daily reading
- Bi-weekly class discussions and roundtables
- Weekly accountability calls
- Member discussion group chat
- Weekly exercises and modules
Beginner-level classes may have less stringent requirements. But if you want to take a significant step forward in your progess, take a course that keeps you on track.
Does the Course Sound Too Good to Be True?
Anyone can claim to be a expert, especially in the real estate world. The problem is that not everyone is qualified to teach a course.
If an online real estate course sounds too good to be true, consider its claims. Look for a course layout that outlines what you’ll cover during the class, and what those lessons will help you accomplish. Look elsewhere if you can’t find a course layout or quality information about the instructor’s accomplishments.
What Are Others Saying About the Course?
Testimonials are highly useful in assessing the value of an online real estate investing course. When swarms of graduates have positive things to say about their time in a course, this shows the value of their experiences.
According to Search Engine Watch, 72% of customers only make a purchasing decision after reading a positive review. Countless other studies show similar benefits and positive outcomes for courses with testimonials.
Video testimonials that feature the names of those sharing their experiences, along with their professional information, social media profiles, or work history, are especially valuable. Some less-than-honest online education sites purchase reviews from content mills or bots, so look for authenticity when reading reviews.
Are They Good Speakers as Well as Experts?
The differences between a pedantic speaker and a meaningful speaker are profound, and those differences can affect the quality of your educational experience. Real estate professionals interact with people all day long, so many understand the power of words.
When looking for the best online real estate class, perform additional research to see if the teacher knows the topic and has the experience to back up their claims of expertise. A good speaker commands attention, leaves you wanting more, and offers space to research and learn independently.
Real estate investment is a highly competitive sector, hence true experts will rarely sell their hard-won guidance to anyone off the street at extremely low prices. When you invest in your future, the money is well spent, especially if you learn aspects of the real estate industry you couldn’t learn anywhere else.
An Online Real Estate Course Should Inspire You
Looking for your first course to explore?
Derek Moneyberg’s coaching approach combines his academic University of Chicago MBA smarts with his practical real-world investing experience, delivering valuable investment advice for serious students.
The best real estate investing course will inspire you to push forward with your goal of becoming a successful real estate investor. While in class, you can build your network and meet potential business partners who will challenge you to seize new opportunities.
If you’re serious about real estate investing, explore Derek Moneyberg’s Real Estate Riches course. Class spots are limited, apply before it is too late.