Peter Harris Mentorship

[Jeffrey Donis]

Has anyone joined this mentorship (Peter Harris “Protege”)? If so, could you describe how your experience was?

Thanks!

[Account Closed]

@Jeffrey Donis That's great! You are right on track with why you want to get a mentor.  We invested substantially ($30K) in a mentorship group that did not go well at all - we spun our wheels for about 9-10 months until we decided to look elsewhere.  The good that came out of it was figuring out exactly what we didn't want - and what we knew we needed to be successful.  We found the right mentor and he's the reason we've been successful! We closed on 173 units and then another 236 units that is closing in 3 weeks.  

Based on what we experienced, here are a few things you should evaluate when looking for a mentor: 

-Will they partner with you? (this is a MUST) In any market - as long as they agree with the underwriting and have confidence in your leadership. (*in any market is crucial because some mentors will only partner in one area which creates too much competition amongst their students)

-One-on-one coaching directly from the MAIN mentor (NOT a sub-coach). Many mentorship programs are growing quickly and they can't keep up with the pace so they bring on "sub-coaches". You absolutely want direct access to the Mentor who has all of the experience. We can text/call/email whenever we need ours and he's super responsive.

-Culture of the group - this is established by the leader. Look for integrity, character, and a standard that's required of all members in terms of how you do business and treat one-another. Your success depends on the reputation of your group - make sure you like their reputation. Our mentor only accepts a few people a month at the most and he screens everyone to make sure they're a great cultural fit. The importance of this and impact on your success is often overlook and/or underestimated.

-How is their existing portfolio performing? Make sure their investors are raving fans and the properties are on-target or exceeding target.

-Is the entire group active? or just a few people? You want a group that's very active and high-quality people who are driven to make it happen.

Hope that helps - feel free to shoot me a message if you have more questions. Best of luck in your journey - it's going to be a wild but very fulfilling ride! :)