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Updated about 6 years ago,
How To Find a Mentor - Apartment Syndications
(Note: I am not writing this post as a mentor request but rather guidance on how to find mentors).
Hi all,
I've been reading and listening to a lot of materials on how to get started in multifamily investing (apartment syndications specifically). One great book I read suggested that finding a mentor is essential - not only to guide me in the right directions, but to leverage his/her experience/network when pitching to potential investors, finding great property managers, brokers, securities lawyers, ect., and more.
I understand that I can meet experienced syndicators at real estate meetups, but what is the industry norm? Is there a way that an inexperienced person can add value in exchange for mentorship besides payment? Also, if mentors in real estate expect to get paid, what is considered standard levels?