How much have you spent on property education?

[LeoT]

Cost of this lesson $1,560 and not self-education expense.

Scott I wasn't saying its a 'self education' expense, I was saying its an expense due to LACK OF enough education/working knowledge/mindset. The number 1 factor IMO that accounts for the largest amount of 'loss of profits/expenses' is the lack of education/working knowledge/inferior mindset in property investing.

Leo

 

[The Y-man]

About $1,500 on a course. Couple of books.

The Y-man

 

[hugh72]

Books- about 10
Magazines- lots early on but find a lot of the material uninspiring and essentially a sales pitch
This forum is packed with far more info than any of the glossy mags

 

[oc1]

A few hundred on books. Spent a few thousand on courses, always left disappointed.

 

[Biz]

Probably a few hundred on books around 10 years ago when I was starting out. They gave me a good foundation to work off I felt. The books were all the usual stuff from Jan Sommers, Peter Spann, Steve Mcnight. Picked up the odd copy of API in that time too. I actually just bought the most recent issue while I was on holidays. The stories of the investors seem pretty uninspring to me now though. Mostly just people who had a light bulb moment and went and got themselves in a million or so worth of debt of negatively geared properties and now want a little pat on the head. Never done a course, paying a few thousand to be preached to seems like a waste of money to me.

 

[flightcrank]

Cost of this lesson $1,560 and not self-education expense.

yeah true. has nothing to do with it.

 

[BayView]

The most I have spent on property education was from the mistakes I've made.

 

[VYBerlinaV8]

Quite a bit of time. Very little money.

 

[Deltaberry]

A lot through mistakes. Most mistakes probably relate to renovations and not controlling costs.

 

[Jins13]

I have spend hundreds on all sorts of books from authors from Rich Dad Poor Dad, Steve McKnight, Margaret Lomas and so on. I am also thankful for the foundation of the books as the other members have already mentioned. I find that books can become obsolete very fast due to the nature of the game.

These days I subscribe to the API and Property Investor magazine just so that I can see what other people are doing as well as reading threads in this forum. Well API due to it offering Price finder for free for 3 months. I do question some of their articles on some of the figures/age of the investor and time spend in their investing journey.

Luckily I can consult with friends who are self made and genuine to share their experiences.