Best choice for a mentor?

[Amanda Groover]

My husband and I are anxiously awaiting the refinance of our primary home so we can get started investing with our first deal. My husband is a general contractor and more confident in this field than me, but we both agree having a mentor type figure would really help us. I'm talking about not just finding good deals, but analyzing ARV, getting creative with financing, setting long and short term goals, etc. Where we live, the market seems to be hard to get in to for the price range we'd like. I'm wondering- who do we look to for help? Is this a job that a realtor does? Or a financial advisor? It's hard to decipher because it feels like everyone is just pushing their sales pitch. I'm all for someone working with us and making money but it's hard to distinguish authenticity and I'm not sure who exactly does these things. Eventually we'll be able to do it on our own but some training wheels while we start out would be awesome.

[Jon Q.]

Originally posted by @Amanda Groover:

Thank you Jon. :) I'm not looking for a shortcut. I know it takes hard work which we are willing to do. Being an educator I just know that most people need guidance when learning something new. That's what I'm hoping to find, I was just wondering who the best professional for the job might be. It's all still new. I've been reading a lot and listen to the podcast almost daily. We drive neighborhoods several times a week and look for listings in our town. We just feel a bit overwhelmed and a mentor may be able to help us focus. Thanks you for the advice.

 I don't know what you are talking about. "You" are the best "professional for the job if you really intend to become an investor.  Experienced investors are busy...at least the good ones.  They likely will not mentor you, at least not for free.  Their time is worth money and the good ones don't give it away unless they generally get something back (ex. potential investors, deals, etc.).  

I get 1-3 new investors a day asking to meet with me...if I gave away my time like that, I would not be investing, I'd be selling books tapes and other BS.  I make money by using my time to invest it.  And, because I was there, I sometimes, but rarely answer questions on BP so that the community can leverage my response.

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Be your own leader.  Keep going forward without fear and you'll get where you want to go.

I wish you the best.