Skip to Content

Get a FREE assessment of your rental property. Start here!

Get a FREE assessment of your rental property. Start here!

What Education Do I Need to Become a Real Estate Investor?

Toy House on a Table with Laptop and BooksIf you are interested in investing in La Mesa rental properties, you might be wondering about what education requirements you need to start. A rental real estate investor needs to know quite a few things in order to make sure their investments are profitable. If you want to build a successful real estate portfolio, you need to learn as much as possible about your chosen profession. But that may not require a college degree! Let’s look into the most helpful education requirements for a budding rental real estate investor.

Formal Education: Helpful, But Not Required

Some entrepreneurs and rental property investors do have a degree. However, there are many more rental real estate investors who do not have degrees in real estate or have degrees in other fields.

That is not to say that a college degree wouldn’t be helpful. As a real estate investor, any knowledge of finance, economics, mathematics, accounting taxation, and marketing will be an advantage. This may be the reason why many investors consider a business degree or business classes an asset to their business goals.

Many community colleges offer business classes at a very affordable cost. These courses are also frequently offered online or on evenings and weekends. If you are a busy rental property owner, this education will serve you well throughout your career.

Learning the Business

Many rental property investors also learn the business outside the classroom. Investors can learn their trade from online classes, mentors, books, and trial and error. Some investors have turned to selling books or courses on real estate investing. While some of these are good, there are others that are a waste of time.

The best way to learn the business from a successful investor is to find a mentor to guide you. Look for someone who will not just give you advice, but will show you the basics and help you problem-solve.

Since finding a mentor can take some time, you can take some free online classes from platforms like Udemy or Skillshare, you can listen to real estate podcasts, or read some of the top books. These are also good ways for experienced investors to learn new skills, keep updated on trends, and keep growing their investment business.

Assemble a Team of Experts

In rental real estate investing, you don’t have to know all aspects of every subject to turn a profit. Experienced investors typically assemble a team of experts to focus on the different aspects of their investing business. Every real estate investor needs a great real estate agent, a lender (or two), an attorney, and an accountant. Many investors also benefit greatly from hiring a La Mesa property management company.

In addition to helping you market your properties, scout for off-market deals, set accurate rental rates, and other things, a quality property manager can help you handle the day-to-day concerns of owning a rental home. When it comes to putting a team together, a property manager should be at the top of your list.

Would you like to learn more? Contact us online for more information.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.