If you have been researching investment properties, it is likely that you have found advertisements for an investment property seminar. There are good and bad seminars. It is not difficult to blow $1500 on bad information if you are not careful. You know that part of your job is to educate yourself. When you are just learning to invest, discovering companies that you can trust will make a big difference in your success. Before you buy investment property in Florida, know how to select an investment property seminar that is educational and that does not eat up your available funds that you could use to invest in real estate.
Property Investment Seminar Tips
Location is Everything
The best investment property seminars are located in the state or city where you plan to invest. It might be appealing to travel to Arizona, Michigan or Texas but it will not help your Florida investment strategy. Seminars that are given near the property where you plan to invest will give you a chance to mingle with participants that might be living in the area and can share insightful information. Building your repertoire of real estate contacts is easy to do when you are in the right location.
Know the Speakers
Successful real estate entreprenuers or turnkey property companies have public track records of success that you can use to establish credability. Someone selling an e-book training course or video course that does not make information public is the first sign of a problem. Many successful speakers are willing to share great information to you. Learn who you are learning from and you can judge the validity of the information.
48 Hours or More
You can't be a doctor or lawyer in 4 hours and you can't be a real estate pro in 4 hours either. There are many short seminars that might appear to be informative, but are not long enough for you to digest the information. The best investment property seminars that you can find will range from 1 to 3 days in length. Each day builds upon the information taught the day before. There is a lot of ground to cover and it is impossible to learn the right way to invest with short seminars.
Freebies are Important
The good seminars will give you a lot of information for free apart from what you came to learn about. Many will introduce you to associates that can help you find investors, legal assistance, contractors and more. Telling you only the basics, collecting your money and not providing additional assistance are the signs of an unethical real estate property seminar.
Webinars and Online Training
The same tips will apply to webinars and online training. Just because you aren't there in person does not mean the information should be reduced. It is often less expensive to attend a webinar or online seminar instead of paying in advance for travel, hotel and other amenities during your trip. Regardless of the seminar that you select, it is important that you get all of the education that you can to improve your success with real estate investments.