Beginner investor, how to get a mentor

[Melissa Deacon]

Hi guys,

This is my first post at biggerpockets forum. I am a new investor, I'm actually VERY new. I know absolutely nothing about investing and have no properties but want to start investing in small multifamily properties. This is a career change for me, I have been working as a Physician Assistant for 4 years and have been in medicine for over 10 years. Medicine is all I know since this is what I have dedicated my life to. My goal is to make smarter moves with my money and make money work for me.  

I am looking to start investing part time and potentially doing it full time. I am doing all the typical moves as a beginner ie. getting educated, reading books, forums, looking at investment courses. I just need a little help, how do you start on building a network? I believe a good start will be to get a mentor, how do you get in touch with mentors in local areas? Also how do I know who would be a good mentor?

Some help please.

Thanks in advance 

[Renee Harris]

Welcome Melissa! Always glad to see a woman get into real estate investing. Well, anyone really, but especially women and women with their own money!
I am just speaking from my experience so take this for what it is worth.

I would avoid a mentor I have to pay and look for one I can partner with or work with after you figure out what you want to be doing exactly. If you want to start investing in multifamily properties, then I would listen to every podcast here and online I could find from people who did it/doing it. Are you going to be a passive investor or hands-on? How much money do you have to start? How much time can you commit daily, weekly. Do you want to find the properties or someone to bring them to it? Will you buy off the MLS or want off markets? All these things will be a factor and you should be clear on those things.

Start looking through threads here for the topics you are interested in. Befriend people here from your hometown. Go to meetups in your hometown. Find REI groups in your area. Set alerts here for people mentioning your hometown and for MF investing.

Good luck
Renee