Working to Learn Real Estate Investing

[Nicholas Caruana]

Hello BiggerPockets community!

What job(s) would best teach someone the skills/knowledge necessary to be a successful real estate investor?

[Nathan Gesner]

Quote from @Nicholas Caruana:

I think the biggest point of failure for investors is not knowing how to properly manage their rentals. They don't understand the law. They are easily manipulated by Tenants that lie, bully, or fail to communicate. They don't know how to handle problems that pop up (e.g. COVID eviction moratorium).

If you can learn how to manage rentals, the rest is much easier. For that reason, I recommend getting into property management. You'll quickly learn the law, policies and procedures that work, how to screen applicants, what makes a good rental vs. what is a constant headache, etc. You'll earn a decent income while quickly learning how to manage. You may even get the opportunity to purchase investments off-market, which is what I did for most of my investments.