Finding a Mentor and Guidance

[Alex Wise]

Hey BP Community 👋🏼

I’m a follower and consumer of Bigger Pockets knowledge. With SO many real estate investors and different methods out there, I’m getting analysis paralysis on my next moves.

So far, I’ve purchased a 3 bedroom single family in a historic quiet neighborhood in Columbus, Ohio. Its central and homes here hold their value but they are older - Clintonville if ya know it. It’s close to Ohio State University.

I've started some updates and plan to rent out the whole home(A), split it into 2 units(B), or rent it out per bedroom(C) to see if the STR/MTR route will work for me.

I can use AirDNA and look on AirBnB and Furnished Finder to look at numbers and make guesstimated but I’m really missing having a sounding-board/someone with experience about next steps - 1. How much to invest in updates 2. Should I self-manage and live there or rent out the whole house and manage remotely 3. Should I refinance and cash out for my next purchase 4. Should I just consider this a mini flip and sell while houses are still going pretty quickly in this area and start somewhere else with a different strategy.

I’m starting to bang my head against the wall with options and a lack of strategy. I’m curious in how people have uncovered the following in their real estate lives:

1. How can I find a mentor?

2. How can I make it valuable for them to want to mentor me?

I kinda turn off when people sell a course or mentee opportunity but maybe that’s working for people and I should open my mind a bit.

I’m open to ideas and appreciate convo/input on the topic of mentors. I’m also happy to answer any questions on my experience so far if helpful too.

Thanks all!