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Updated 12 months ago,

User Stats

26
Posts
13
Votes
Stephen Kleyn
  • Investor
  • Colorado Springs, CO
13
Votes |
26
Posts

Commercial real estate mentor. Is 50% until $500k a normal cost?

Stephen Kleyn
  • Investor
  • Colorado Springs, CO
Posted

Hi there,

I am persuing cashflow through multifamily real estate investing. After a lot of study I believe that having a mentor is my best option to get started.

At the moment I have found a mentor that charges 50% split on all net Cashflow until $500k is reached ($250k each). 

I believe that this mentor is very qualified due to his decades of experience and the books that he's authored and also books that he's co-authored with other well know real estate Moguls.

This is a big commitment into partnership and just wondering what the general populus thinks about this agreement.

Also, if anyone has suggestions for specifically apartment investing mentors I would appreciate it.

God bless

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