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Updated almost 2 years ago on . Most recent reply

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Adam Myers
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CPA / Aspiring Contractor First Time Investor Looking for Local Mentor

Adam Myers
Posted

Started in the big 4 at KPMG, ended up at a local company with a small equity piece and salary at 30 years old only to realize i'm emptier than I ever have been before. About a year back I bought my first house and have been renovating it. Never looked back. I've found my passion as problem solving, investing and grit have always been separate concepts and never as intertwined as they are now. 

My question is to those who have started out in a similar fashion and the best way to find a good mentor. I am fully 2 feet into this and want to put both the intellectual side and the construction side of me to work. 

Any recommendations on finding one or criteria in an initial screening? Or can someone share their recent first mentor experiences? I feel as if it's important to choose the right mentor early on. Thanks, all!

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Andrew Freed
  • Investor
  • Worcester, MA
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Andrew Freed
  • Investor
  • Worcester, MA
Replied

@Adam Myers - Yes, figure out the asset class you plan to play in, find the big players in your market doing what you want to do, go out of your way to provide them immense value, expect nothing in return and sooner or later, one of them will take you under their wing. 

That is what I did to find a local mentor. I found someone who was in the multifamily space doing what I want to do. They have a brokerage so I decided to get my agent license and provide them value in the form of commissions. Once I showed my mentor value, they went out of their way help me along in my development.

Simply put: Locate someone doing what you want to do, provide immense value expecting nothing in return. You do this enough and you will find a mentor in your market. 

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