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Updated about 2 years ago on . Most recent reply

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Scott Erdmann
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Mentorship Program reccomendations

Scott Erdmann
Posted

There is a lot of mentors and mentorship programs out there, trying to determine which one to sign up for, heard about Jake & Gino, Mel & Dave etc. any recommendations?

  • Scott Erdmann
  • Most Popular Reply

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    13
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    Scott Erdmann
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    Scott Erdmann
    Replied
    Quote from @Account Closed:
    Quote from @Scott Erdmann:

    There is a lot of mentors and mentorship programs out there, trying to determine which one to sign up for, heard about Jake & Gino, Mel & Dave etc. any recommendations?

    What do you want to accomplish?
    How much do you want to spend?
    Thanks for the response Mike, I’m looking to take down 4-5 multifamily units this year anywhere from 2-20 units (ballpark). for the past 2 months I have just been reading, reading, podcast, videos, networking with a ton of people so the biggest thing I’d say is 1. getting a second set of eyes on deals I’m evaluating and see how someone that has had success looks at the deal e.g. so they look at IRR, Cash on Cash return and what are baseline % for these deals and 2. Networking with like minded individuals to potentially take down deals together. My goal is to build a company that owns and manages 20+ properties within the next 5 years. I have an incredible strong network of wealthy individuals so want to get into the syndication also soon. 

    Best,
    Scott 
  • Scott Erdmann
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