You learn best by doing!
We have all heard of the expression, “practise makes perfect” but how many of us fail to put it into use in our lives? How often do we assume that knowing how something is meant to work is enough for us to do it perfectly at the first time of asking?
If you wanted to become a chef you wouldn’t expect to be able to rustle up a top class chicken soufflé the first time you went into a kitchen, and budding doctors certainly won’t be let loose on anyone’s internal organs the first time they pick up a scalpel. No matter how many years of studying you have done on these subjects you will still need to learn from your mistakes and pick up experience and knowledge as you go along.
Yet, when it come to property investing there is this assumption that after reading a book or a few blogs anyone can start making loads of money from it. Now I am not going to underestimate the advice given on property investment blogs, for obvious reasons, but you shouldn’t be looking to use this method of learning as your only way of becoming an expert.