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Updated almost 10 years ago on . Most recent reply

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Jonathan Fischer
  • Manville, NJ
0
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11
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Real Estate Mentors

Jonathan Fischer
  • Manville, NJ
Posted

I'm from New Jersey, and I'm very new to real estate investing. I have about $1,300 saved up (I know it's chump change.) But I had a question....I really don't want to wait until I have more money to jump into real estate, so is there any way that I could start currently with the money that i have? I'm particularly interested in flipping houses. 

Another question: What do you guys think of mentors? And if you like them..Where the heck do you actually find them? I was gonna sign up for this thing called Freedom Mentors but I opted against it..

Thanks a lot!

Jon

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Mark Mynhier
  • Investor
  • Pasadena, CA
54
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85
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Mark Mynhier
  • Investor
  • Pasadena, CA
Replied

Bill Gates has mentors, Warren Buffet has mentors, Steve Jobs had mentors. If they needed mentors, that tells me that everyone needs them to be successful. Having said that, you don't necessarily need to be in a formal relationship with them (or even call them your "Mentor"), but you do need to have them.

I currently have two mentors. Casey Eberhart (he isn't on here) is my mentor for monetizing my network and proper networking. He's amazing. You can find him all over the internet and he started his career as a flipper. My other mentor is a "life coach" to use an overused term. She's amazing and has helped my business more than I thought. I've had mentors in real estate (and will again soon), who truly helped me a lot through the rough times. I just wrote a blog for MOR Financial on mentors (which should be up in a few days) explaining what you get out of mentors...they are truly essential to success.

There are many people on BP who you can seek out their advice and wisdom...while not a "mentor" in the formal sense, they can still help and mentor your through your startup in this business.

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