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Updated 3 months ago on . Most recent reply

User Stats

11
Posts
7
Votes
Mike Lawrence
  • Investor
  • Austin, TX
7
Votes |
11
Posts

Multifamily Coaching Programs - Are they worth the investment?

Mike Lawrence
  • Investor
  • Austin, TX
Posted

My wife and I have been investing in real estate for the past 20 years and we have decided we want to focus on multifamily investing in order to scale up cashflow and create wealth at a more rapid pace. We are also entrepreneurs who have run a successful marketing firm since 2011, so we have experience building a business from scratch, hiring, marketing, building and leading teams, high-level negotiating, etc.  We are go-getters who are looking to scale up fast, but we also realize that we need to do it right. We've already taken a few online courses and read some books, so we're getting our head around the multi-family syndication business. And we realize that it IS a full-time business. All that being said, we're considering hiring a mentor who can provide guidance, keep us from making mistakes, and partner with us to close deals since we don't yet have the experience and investor network to close deals on our own. We have come across Michael Blank, Mark and Tamiel Kenny, and Brad Somrock as potential mentors to work with. Can anyone share from personal experience working with any of these guys? Or perhaps another mentorship program? And in general, do you believe it is worth the 25k+ price tag? Or do you think we could network to find mentor/partners and avoid the large up-front investment? 

Most Popular Reply

User Stats

394
Posts
177
Votes
Colby Fryar
  • Investor
  • Tucson, AZ
177
Votes |
394
Posts
Colby Fryar
  • Investor
  • Tucson, AZ
Replied

@Mike Lawrence  Pay the price.  It will be well worth it as long as you are willing to put in the work and time.  Let me put it this way.  1 year of coaching for me-  136 doors later...

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