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Updated over 4 years ago on . Most recent reply

User Stats

14
Posts
3
Votes
Eddie V.
  • New to Real Estate
  • Austin, TX
3
Votes |
14
Posts

What's the catch w/ ads "Investor seeks RE mentor"?

Eddie V.
  • New to Real Estate
  • Austin, TX
Posted

Edit: title should say "Investor seeks RE mentee" (not mentor)

Im looking for a side RE gig to compliment my commercial RE appraisal role I just started (doesn't pay much and no more then 40 hrs a week). Around my neighborhood I see bandit signs advertising "Local investor seeks RE mentee/trainee".  I see the same on Craigslist just slightly different language. They often say something along the lines of 5k a month part time or 10k full time.

I'm wondering what's the catch if any?  Have any of you reached out to these ads? 

Most Popular Reply

User Stats

57
Posts
17
Votes
Linda Govan
  • Real Estate Investor
  • Chicago, IL
17
Votes |
57
Posts
Linda Govan
  • Real Estate Investor
  • Chicago, IL
Replied

Hello Eddie V.,

I seen them alot in Chicago where I am from.  I finally called a few of them seeing what they were about.  I do wholesaling by the way so I am always looking to network.  It was what I thought wholesaleres looking for bird dogs.  That is property locators since the real wholesaler can't be everywhere finding properties.  Not all of them even picked up the number or even had a call service set up.  

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