Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 12 years ago,
What is in it for the mentor
I am thinking about getting into real estate investing. My initial goal is to create an additional income stream since my wife stays at home and want some protection in case I have employment issues/laid off. I have always been interested in real estate. I am initially thinking of rental properties but am open to other things.
I hear alot of people talking about mentors and I don't know that I completely understand this relationship. I under stand what I can get from a mentor, but what do they get from me?
My cousin is very successful at a young age in real estate. he started with rent houses and has moved into fix and flips as well using wholesalers to locate deals for him. I have talked to him and he is willing to come talk to me about getting started. I don't know exactly what he is wanting to do and how engaged he is willing to be but I don't want to take advantage of his offer. What do mentees usually offer? How does this relationship work and how long does it typically last?
Thanks in advance.