knowledge, expertise and experiences in a number of
books that are available in local bookstores or can be
bought online. Reading these books are one of the
most cost-effective ways to get the knowledge you
need. Don’t have time to read? Then get the audio
books and keep them in your car’s CD player, so you
can get the knowledge while you are driving.
There are a number of property magazines that can
help your widen your understanding of the property
market, as well as the trends and developments that
are shaping the future. Subscribe to the magazines so
you can stay abreast of what is happening and more
importantly give you real time tips and information,
which you can use immediately. Magazines like Real
Estate Investor magazine can be downloaded onto
your tablet or iPad and read while you are doing
downtime.
Read every property investment book and
property magazine you can lay your hands on, so you
have a comprehensive overview of the industry and
the latest trends, as well as the different strategies
and approaches advocated by the various writers.
Websites
The Internet has placed the greatest library in the
world at your fingertips. Use it to expand your
knowledge base to include international views and
approaches. There are countless websites offering
free information, extensive archives of articles, free
e-books and other resources such as calculators,
webinars and newsletters. And the wealth of case
studies and personal experiences will ensure you
remain motivated.
Even if you learn just one tip from each website, it
will be well worth the time and effort. The best place
is to Google information
Training courses
Many universities and colleges offer property training
courses. But for property investment training, your
best bet is one of the many property investment clubs
in the world that offer regular courses covering every
aspect of property investment.
Attending just one training course will provide
a solid background, but why limit yourself to just
one approach? Each property investment club has
something unique to offer. Attend as many courses
as you can, so you know exactly what the various
approaches entail and so you can choose the one, or a
combination, most suited to your own style.
www.reimag.co.za
Many of the property investment gurus have
made their training courses available online, or in an
electronic format, which means that no matter how
hectic your schedule, you can complete a training
course. E-courses combined with CD packs and
manuals means you can work through it at your own
pace.
Attend seminars
At any one time, you will find an astounding number
of property and property investment seminars you
can, and should, attend.
Seminars are a time-efficient way to address
many current issues that are of interest to a property
investor or professional at that point in time. Often
several expert speakers are brought together in one
place, at one time, to provide clarity on a pressing
issue. Seminars are real-time and interactive, so
you can join in lively discussions about strategies,
challenges and solutions, and get answers to your
questions.
In the shortest time possible, you can listen to and
interact with the experts, hear what other investors
are struggling with, learn about new solutions, get
answers to questions you have not even asked yet,
and be reminded of all those fundamental principles
you may have forgotten.
Find successful property investment mentors
There are many property investment experts who are
willing to share their success secrets and help others
to achieve success. Mentors are available through
property investor clubs and even online. These are
people who will guide you, advise you and motivate
you, while providing you with an expert to bounce
your ideas off.
There are also a great many role models on which
you can model your success. For example, if you like
Donald Trump’s approach, read up about him, his
life and his strategies. Sign up to his newsletters and
courses, follow his blog and interact with him online.
It doesn’t matter which role model you choose, as
long as his or her success inspires you to achieve
your own. In South Africa there are also a number of
wealth coaches and property mentors who have had
great success in the investment world depending on
where your appetite for investment is.
RESOURCES
REIM, Robert Kiyosaki, Dolf de Roos
Residential Handbook 2016/17
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