Do You Need a Degree to Be A Succesfull RE Investor in 2019?

TL;DR

Most successful real estate investors have a college degree, but they also acknowledge that it is not necessary for success in real estate investing.

Transcript

hey guys zach in here i created this video right now to talk about college and to really see do you need a college degree to be a successful real estate investor now if you took a case study of all the real estate investors in the united states and you saw you saw the most successful real estate investors you know we're talking in the top 1% of the... Read More

Key Insights

• 🎓 Many successful real estate investors have a college degree, but they also acknowledge that it is not necessary for success in real estate investing.
• 🎓 Certain classes in college, such as business law, may be beneficial for real estate investors, but overall, the education obtained in college is not crucial for success in real estate.
• 🎓 Real estate education, particularly learning from experienced investors, is more relevant and practical for aspiring real estate investors.
• 👪 A college degree may still be preferred by some individuals and families, but it is not a requirement for success in real estate investing.
• 🖐️ Education in marketing and negotiation is essential for real estate investors, as these skills play a significant role in acquiring and selling properties.
• 🎓 Real estate investment education focuses on real-world strategies and tactics, whereas college education may offer more theoretical knowledge.
• 🎓 The value of a college education for real estate investing depends on individual circumstances, such as having a full ride or family expectations.

Questions & Answers

Q: Do you need a college degree to be a successful real estate investor?

While many successful real estate investors have a college degree, it is not a prerequisite for success. There are plenty of examples of investors who achieved success without a degree, particularly at a young age.

Q: Are there any classes in college that are valuable for real estate investing?

Although most of the real estate knowledge can be learned outside of college, classes like business law can be helpful. Understanding legal aspects related to real estate, such as tort and contract law, can provide insights into the industry.

Q: Can you obtain a real estate education and a college education simultaneously?

Yes, it is possible to pursue both a college education and a real estate education. While it can be challenging to manage both commitments, it is feasible for those who wish to obtain a college degree and enter the real estate industry.

Q: What kind of education is necessary for becoming a successful real estate investor?

Education is crucial for real estate investing, but it is the type of education that matters. Learning from experienced and successful real estate investors, either through mentorship or online resources, can provide valuable knowledge and practical strategies.

Summary & Key Takeaways

• Many of the top 1% real estate investors in the US have a college degree but also believe that a college degree is worthless for real estate investing.

• Personal experience suggests that a college degree is not necessary for real estate investing, as there are successful investors who never went to college.

• Certain classes in college, such as business law, may be beneficial for real estate investors, but overall, the education obtained in college is not crucial for success in real estate.