Is it a good idea to pay "mentors" to help you with starting out?

[Abraham Bakre]

Hi BP!

My question pertains to my local REIA the RICH Club. I have a person that is willing to mentor me (for a fee of course) through classes, dvds, etc... I am skeptical of this since the club itself is non-profit. I understand that these people need to make money but can't they benefit just as much by training an "apprentice" (me) their method for a trade of my time and efforts in finding them deals or helping with rehab, or anything that a young person with no money can provide other than what I don't have!!!

I'm beyond eager to get started in real estate and I feel as though having a mentor would allow me to learn from someone that is already successful. I understand I can learn on BP from countless of successful people on here, but its impossible for me to gain "hands-on-experience" through a computer screen.

I rely on the insight I have received from the members who have taken the time to answer my questions I've presented this far. I will not let having no money stop me from attaining my goals!

[Dawn Anastasi]

Originally posted by Jennifer Carroll:

so went ahead and paid a mentor $4,000 to "mentor" him - which really turned out to be giving him some more materials that said the same thing that he already had and providing him a phone number that he could call so that he could get advice from him whenever he needed it.

So all I have to do is give out my cell phone number and be "on call" and I can get $4,000?