Should I hire a coach?

[Courtney James]

Hi, BP'ers! 

I am an investor from Canton, OH who would like to scale my business to generate more cash flow and accumulate more properties in addition to the wholesaling I have been doing. 

I recently have been in communication with someone who has offered their services to coach me. Although, I definitely see the value in receiving a coach, how can I ensure this is a legitimate opportunity?  I met them online and we are not in the same market so I am unsure of how to about vetting this person and confirming they are as knowledgeable as they say they are. 

Any suggestions would be helpful? 

Thanks in advanced. 

[Joseph Cacciapaglia]

I have found that most of the real estate "coaches" out there are not worth the money. I'm sure there are some exceptions, but I haven't run into them yet. I would focus more on building a strong team. If you have a knowledgeable agent, lender, attorney, inspector, contractor, etc., you should be able to learn anything and everything you need to in this business. Focus on working with true subject matter experts, not just the first person you happen to meet in those roles. If you're looking more for motivation, I would suggest finding an accountability partner. Find someone similar to you in another market that you check in with weekly to discuss your goals and progress. Another strategy is to find a more successful investor that will invest in your deals with you. This provides a new capital source, but will also often turn into an informal coaching/mentorship relationship. These people will be truly invested in your success.