Not Budgeting for Your Real Estate Education
Posted by at October 21, 2012 in Education | Real Estate
You’re running a business. Whatever business you’re in, you ought to continually spend some of your revenue on education. The best ways to educate yourself about real estate include joining your local real estate association, reading books on the subject, attending workshops, and meeting with other investors.
After you get started in this business, let the amount of your revenues determine the amount of your expenditures on education. Of course, I didn’t spend $80,000 on my education the first year I was in real estate. But now I budget $50,000 to $100,000 a year, because I’m making a lot more money.
I’ll even pay $8,000 to spend a day with an expert, because if I can get one idea that I can implement and profit from, it’s worth the cost. To find out about upcoming workshops, seminars, and Super Conferences that I am offering, call 888-302-8018. There is no obligation to sign up, so call today. Someone from my office will call you back and tell you about upcoming events.
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