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Updated over 9 years ago on . Most recent reply

User Stats

46
Posts
15
Votes
Leandro Rodriguez
  • Investor
  • Miami, FL
15
Votes |
46
Posts

BIG fear of mentors

Leandro Rodriguez
  • Investor
  • Miami, FL
Posted

i hear a lot about how important is to get a mentor. I agree with the notion in pretty much at professional are. 

BUT...it has gotten in my head that a real estate mentor will try to take advantage of me, try to push me into certain non favorable deals, take my money or somehow not steering me in the right direction.

Do you, BP out there, have tips on how to vet or approach mentors?

Most Popular Reply

User Stats

37
Posts
20
Votes
Jeff Zamora
  • Investor
  • San Bernardino Mountains, CA
20
Votes |
37
Posts
Jeff Zamora
  • Investor
  • San Bernardino Mountains, CA
Replied

@Leandro Rodriguez

When I started in RE investing I was going to approach an acquaintance that has several hundred units and see if he would be willing to mentor.  However, I decided that I should first do some basic research so I wasn't just asking basic/obvious questions.  I came across BP as part of that research and rest is history!

I started out listening to the podcasts to get a broad overview of the RE field - wholesaling, SFR, MFR, etc. I then got into reading specific forum posts and blogs along with some of the books posted here. I started thinking about investing as a business, and started organizing the parts I needed to make that business successful.

After a few false starts (mostly being too conservative when bidding) I ended up with a few properties.  Now whenever I have an issue my first stop is to do basic research on BP or post a question to get fellow BP'r feedback.  It has been fantastic - instead of one mentor I feel like I have 1000 mentors all ready to help out.

So while this is not an answer on how to vet a specific mentor I just wanted to tell how I feel BP is a community of mentors that you can rely on to get started, give advice, help vet deals and point you to any number of resources you need to be successful!

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