Real estate investing is often seen as complex and exclusive, reserved for professionals or the wealthy elite.
However, the truth is that real estate investing is accessible to anyone willing to put in the effort.
Below are a few points on why real estate investing is a lifelong learning journey that can be undertaken by anyone, starting at anytime.
1. Low Barrier to Entry
Unlike some investments, you can start in real estate at any financial or education level. You can start with wholesaling, house-hacking, a small residential property, a fixer-upper, or invest through Real Estate Investment Trusts (REITs) or crowdfunding. The diversity of options means you can choose a level of investment that aligns with your financial situation at different points in your journey.
2. Education is Abundant
There are countless online resources, courses, books, local meet-ups and podcasts dedicated to real estate investing. Whether you’re a novice or an experienced investor, there’s always more to learn. My journey started with BiggerPockets, countless podcasts and Zoom calls. A lot of great content costs no money, though it takes time to learn. I’m still learning – it’s why I include “Great Things to Share” with every newsletter so I hope you all can keep learning with me.
3. Hands-On Experience
Learning by doing is an integral part of real estate investing. Every property you invest in provides unique experiences, challenges, and opportunities. Whether you’re dealing with tenants, negotiating with sellers, or overseeing renovations, each transaction becomes a lesson in itself. I view investing in properties as investing in my education, as well as a way to get to financial independence.
4. Networking and Collaboration
Real estate investing relies on interacting with people, including real estate agents, property managers, contractors, and fellow investors. Building a network provides opportunities for knowledge, joint ventures, and mentorship. Every person you meet is an invaluable resource, and you never know when that “let’s get a cup of coffee” will lead to a great partnership later on.
Remember -> Real estate investing is long-term.
It can span generations, offering a way to support your family and community outside of a typical W-2.
It doesn’t discriminate based on background or financial status. With the abundance of educational resources, low barriers to entry, and the prevalence of online networking, it is filled with opportunities for growth, personal development, and financial success.
Taking small steps in whatever direction you are interested in yields astonishing results over time.
Remember that you have the tools and resources to embark on this journey, regardless of your starting point.
Still not sure what to do next?
We are here to help – please reach out so we can talk through your situation and find the right real estate investing path for you!