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Updated almost 5 years ago on . Most recent reply
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How to find your Mentor Figure?
Hi,
I am new to real estate investing, I am currently in college about to go into my final year. My real estate knowledge has all come from books, however I know if you really want to learn you have to get out and do!! Being around someone who knows what there doing I feel is essential to learning this business. I know this website is a great source for connecting people but I wanted to ask how did you get involved with this business? and was there someone who showed you the ropes? Obviously I know it is a two way street, and I have no problem being of any help I can, working for free, anything to just see how this business is handled. Any advice on getting connected and networking or just simply giving your story would be much appreciated!
Most Popular Reply
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@Jack Everett McMichael this will differentiate for everyone but my first mentor came from talking about moves I was making at work and him coincidentally overhearing me. he later caught me off guard to get some details on what I was doing in our work spaces. long story short, i told him my plan and he talked about how his personal business was going.. 12+ properties at a distance with many paid off. he was exactly where I wanted to be. when he spoke I listened. anytime i could find an excuse to get out of my seat to engage with him and ask questions at work, I took it. I helped him with some personal tasks outside of work as well. I have since then moved away due to my military status but we've stayed close friends and text/ call each other often to talk.
i feel like I just met my second mentor after i handed him a 30k check for a rehab he is currently finishing up on one of my properties. he is a experienced gc with an incredible reputation in the baltimore area. again when he speaks, i just listen and attempt to derive the most i can from our time together. this guy is extremely passionate about real estate, i can just feel it as he speaks. i feel like me giving him my undivided attention and actually implementing the advice he gives me is somewhat of a "trade off" in his mind. i never asked any of these gentlemen if "they would be my mentor."
i think showing genuine interest in real estate around other who have been around the block will be enough to at least create an opening. the details and conditions of how things will come together may come at a price... again i didnt get a chance to get close to my 2nd until i handed him a check. you know there are people who come out of pocket for mentorship who are very successful and swear by it. it will really depend on you as to how your professional and personal relationships come to fruition.
Good luck to you