certified experts and see if they offer any educational opportunities.
Also, my classical music and teaching background have shown me that real-world subjects (especially marketing, sales, and entrepreneurship) are best taught by instructors successfully earning income in these same areas. Real experience means real wisdom. Even if the one-such person isn't the world's best teacher (an art in itself), that's still a better wellspring. Beware of any "teachers" on the seminar circuit who are best at just selling their words! Another great teacher is a personal mentor...an experienced investor, veteran agent/broker, or wholesaler with investor clients...willing to show you the ropes or partner with you. Even if you have to split fees or pay commissions, that's a reasonable exchange for real-world education. Lending scams are another common scam in real estate. It’s a fairly easy type of scam for real estate investors to fall into because often they’re looking for alternative financing (i.e., private lenders) that doesn’t have the same qualifications required by traditional mortgages. This kind of financing often has a requirement to pay back the money more quickly and tends to have higher interest rates than mortgages. Those things alone don’t mean they’re a scam, though. The problem is that lenders don’t have to be licensed to hand out money, so it can be a bit tricky to make sure the lender’s legit. So, how do you make sure the lender you’re working for is on the up-and-up? First, you can find the lender (and other potential team members): • Through referrals from people in your network who’ve personally worked with the lender or specialist. 19
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