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Updated over 6 years ago on . Most recent reply

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Regina Davis
  • Dallas, TX
4
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Willing Mentors in Dallas area

Regina Davis
  • Dallas, TX
Posted

Hello BP!  I have been lurking on this site for a couple of years and have enjoyed reading the various posts and listening to the podcasts, along with reading books and researching online.  Now that I'm finished with grad school, I'm ready to take action and jump into getting involved with real estate.  I'm interested in starting out with assigning contracts while I'm continuing to learn other exit strategies.  I'd really like to find a mentor who is really knowledgable about the Dallas area and willing to work with a newbie like me.  I know many BP members discourage paying for training when there is so much here for free.  True, there is a wealth of information here, but for someone like me who works a busy full-time job and does not have alot of extra time, it can be overwhelming.  It requires hours and hours of reading various posts on the site to try to distinguish the smart and good advice and recommendations from the bad advice.  It would just be more helpful to me to have a succinct book, training program or mentor that could help put me on a track to begin the business quickly.  I hope this makes sense.

I thought I had finally found an answer- there is a local investor here who has probably one of the most comprehensive training programs I've seen as far as the content, contacts and help provided to students.  I was informed yesterday, however, that it costs $10K for the 6-month program, which I definitely do not have to spend. Are there any other more reasonable mentors (in DFW) or training programs anyone would recommend?  Thanks for any suggestions and I look forward to connecting with more people on the site! :)

Most Popular Reply

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Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
2,425
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3,406
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Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Replied

So here are my thoughts... 

1) I do not discourage paid training. Why? Having someone assign goals/tasks and handhold you through the process can be priceless. Now... I'm not a fan of selling someone a video training series for 30k however, I tend to look at mentoring as what's the lifetime value of what you're learning? I can't speak for who you're referencing but taking a newbie and getting them through a deal or two... Is going to make you a lot of money long term. 

Now,

That doesn't mean he is the best option or if you can/should plunk down 10k. I understand the "I'm buys" side of things but we also have to look at how bad do you want this? You've been lurking for a few years and haven't dove in yet. Sounds like now is the time. 

Have you read @Anson Young's book? This is where I tell EVERYONE to start before anything else. $30 or so they charge is a bargain for the content. 

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