How to Evaluate a Real Estate Coaching Program | Instant Investor

How should you really be evaluating your real estate investing education options and are you overlooking some of the most important factors?

The decision to take real estate investing education to the next level with coaching is one which often confuses newer investors and fuels ongoing debates in forums on the web but all too often individuals are focused on the wrong criteria?

5 Rules for Evaluating a Real Estate Coaching Program

1. Returns

When calculating this step investors all too often get hung up on the amount of the investment versus the returns. Sure, there are hundreds of cheap books available in the used bookstore, on Amazon and even full real estate investing programs on eBay because they are a decade out of date. Unfortunately if they don?t really provide value or the right structure for success today it?s just money wasted. Ask how much return you can expect to find in a program; will it pay for itself in the first deal and will it lead to years of six and seven figure incomes? What?s that worth?

2. Speed of Returns

One of the main problems with the DIY approach to real estate education is that it often lacks structure and depth and being so fragmented means investors do more learning by trial and error than anything else. Wouldn?t you rather find an organized course which fast tracks you to closing your first profitable deals and your first million?

3. Avoiding Losses

This is the most overlooked of all criteria when it comes to choosing to make the leap to real estate investing coaching. Most are simply focused on the gains to be had but the truth is that without advanced education investors have a lot to lose and can lose their shirts (and shoes) very quickly. One bad investment or move can cost tens or hundreds of thousands of dollars, isn?t that worth avoiding.

4. Quality of the Program

Obviously not all real estate investing programs or coaching courses are created equal. Crucial questions to ask include:

• Does this still work today?
• Has it really been proven to work in the past?
• What support is really being provided?
• Will the strategies being taught still work tomorrow?
• How easy is the system to follow?
• Is this coach a good match and represents what I want to achieve?

5. Compare the Alternative

Now you have a good idea of the value of the real estate coaching program you are considering, ask what the pain from not investing in it will be.

If you don?t get help it will certainly take a lot longer to see the same level of success even if you could do it on your own, though you may never truly reach your full personal potential without it and that alone is perhaps the most important factor.

Think long term, weigh all the benefits and how this coaching program can help create a sound real estate investing business which can last and grow for decades, not just provide you with a really tasty paycheck next month.

Source: http://www.instantinvestor.com/how-to-evaluate-a-real-estate-coaching-program/?utm_source=rss&utm_medium=rss&utm_campaign=how-to-evaluate-a-real-estate-coaching-program

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