Apprenticeship/Bird Dog Opportunities

[Graham Glover]

Hello everyone! If my topic doesn't say it all, I'll just be blunt. I am a newbie, and an aspiring real estate investor. I've read Rich Dad Poor Dad and interviewed with their coaching program to find that if I paid $4,000, I could be an accomplished investor with one property. However, one thought came to mind. Couldn't I find a mentor in Denver, CO that I could benefit while being benefitted?

That's what this post is about. I was hoping to send a signal to all you BP members to see if you had any tips on finding a mentor, or you yourself are looking for an apprentice in the area. I'm willing to do whatever it takes to learn the industry.

Thanks for reading, and of course for any advice you can give!

GG

[Arthur Garcia]

Graham Glover - I've mentioned this in other posts, but if you want to be "mentored" or at least given some guidance, you have to add value.

First - of course, search, search and search some more here on BP. There are plenty of folks with knowledge to help you further your education. Try to commit 5 hours (at least) a week researching various topics of RE investing and spend that time combing through the past forum posts here on BP. Each time you come across something new, write down the phrase or topic and come back to it. Over time you'll start to see patterns and common phrases for things. This will help give you context when you speak to other investors.

Secondly -find a few local clubs in your market and ask questions. In my experience, the "deal makers" are usually the guys in the back of the room who seem to know each other. Find a way to add value, once you meet these guys.

A few ways to do this are:

Marketing - Drive for dollars - offer to drive certain markets (zip codes) for the investor and write down addresses for abandon houses. You can also offer to post bandit signs in those same areas. You can also offer to post door-hangers as well. Who doesn't want a free work-horse. In return, see if you can get a commission for any deals that come from your efforts $100-$500 for any deals they end up buying. You can also populate a list of For Sale Buy Owners (craigslist, etc.) and make cold calls looking for deals.

Over time you'll learn the business and potentially have a partner to work with.

**note this may take a while, but keep at it.

I hope that helps a bit.

AG