Learning RE Investing: Coaching vs JV vs Solo

[Ian L.]

Hi BP!

To effectively ramp up and learn as a real estate investor, which of the options do you think is best and why for someone starting out:

1. learning through professional coaching where multiple calls are setup with an expert

2. learning through becoming a money partner in a JV partnership with an expert that is active in the partnership

3. not considering coaching nor JV by learning through solo action as an individual

Some examples of effective learning to me are:

- understanding a particular market and its fundamentals

- learning how to force appreciation through rehab and renovation which includes interfacing with general contractors and understanding city requirements for say a duplex conversion

- finding off-market deals without spending too much money

- placing offers on deals with the aim to close