You’ll be converted – from Speculator
to Sophisticated Investor
What’s the difference? A pure Speculator uses guesswork and optimistic thinking to direct their investment activity. They think that high yield can only come with high risk, and so they are often willing to forego proper diligence as they chase the promise of a juicy return.
A Sophisticated Investor bases their activity on research, knowledge, and a systematic approach to achieve a return. They are just as excited by high returns, but they have a clearer strategy for reducing their risk, and a planned exit strategy even before they begin.
Getting up to speed will happen sooner
(and less painfully!)
Let’s not kid ourselves here; there’s a fair bit to learn about real estate investing. It’s not rocket science, but it is a broad topic, and you’re going to need both “book learning’ and “street smarts”.
You can either do it all yourself from scratch, or you can leverage the collective wisdom of the thousands of investors participating in this community who have gone before you. Learn their secrets, and profit from their intellectual knowledge and “on the street” experiences.