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Updated almost 4 years ago on . Most recent reply

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Nicholas Le
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6
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Should a newbie get a mentorship?

Nicholas Le
Posted

I am new to wholesaling, I've spent a little less than a month building knowledge on the process. I am thinking about doing Alex Joungbloods mentorship program. I wanted to get some advice on if I should just start on my own and then get a mentorship or go straight into a mentorship to maximize time usage and minimize errors. Let me know what y'all think, thank you!

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Dennis Pressey Jr
  • Specialist
  • Philadelphia, PA
69
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230
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Dennis Pressey Jr
  • Specialist
  • Philadelphia, PA
Replied

@Nicholas Le absolutely, I’d bet the program very thoroughly though.

A lot of ‘real estate millionaires’ teaching wholesaling that can’t show you a single assignment fee - let alone teach you the ins and outs of an expensive business.

This is not a cheap game to compete in and if you don’t have any guidance, more than likely one of us here will be signing an agreement with a frustrated seller that you couldn’t help because you represented yourself like a cash buyer, couldn’t perform and now they don’t want to work with anybody but a realtor because investors are shady...

And I have to talk them off the ledge and explain that not all of us misrepresent ourselves as cash buyers and lie to homeowners that ‘contractors are coming through to give me a quote’ when in fact they are buying partners giving me offers.

If you cannot send a buyer to your sellers property confidently without being present, your process is flawed and bound to fail.

.02 /rant

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