Seeking Advice on Coaching/Mentor Programs for Real Estate Investing

[Portia Dampier]

Hi BiggerPockets community,

I’m fairly new here and somewhat new to real estate investing. I have every intent to complete my very first fix-and-flip project in 2025!
As I look to grow, I’m considering joining a coaching/mentorship program like Partner Driven or something similar. These programs often assert to guide you step-by-step through the process, provide assistance with funding, and connect you with contractors. However, they also come with a significant upfront investment.

Before I commit to anything, I’d love to hear from those with experience:

Are these programs worth the investment?

Have you found them to be genuinely helpful in advancing your real estate goals?

Are there other, more cost-effective alternatives to gain similar support and knowledge?

Any insights, advice, or personal experiences would be greatly appreciated! Thank you in advance for helping me navigate this decision.

[Ken M.]

Quote from @Portia Dampier:

Quote from @Ken M.:

Quote from @Portia Dampier:

Hi BiggerPockets community,

I’m fairly new here and somewhat new to real estate investing. I have every intent to complete my very first fix-and-flip project in 2025!
As I look to grow, I’m considering joining a coaching/mentorship program like Partner Driven or something similar. These programs often assert to guide you step-by-step through the process, provide assistance with funding, and connect you with contractors. However, they also come with a significant upfront investment.

Before I commit to anything, I’d love to hear from those with experience:

Are these programs worth the investment?

Have you found them to be genuinely helpful in advancing your real estate goals?

Are there other, more cost-effective alternatives to gain similar support and knowledge?

Any insights, advice, or personal experiences would be greatly appreciated! Thank you in advance for helping me navigate this decision.

I have a long history of fix and flips in several states and the first thing I want to point out is that you make your money in the "buy". You have to buy right, know where the market is headed, know ALL of your expenses and know what your various "outs" are before you commit to a property or you will lose your shirt.

Thank you so much for this advice! I thoroughly understand what you mean. I've been an excellent student of calculating repair costs and ARV. I worked adjacent to a couple of rehab teams on the admin side. I feel I'm finally ready to spearhead my own project. I just wondered if working with one of these mentor groups would add an extra layer of expertise, or if it wasn't worth the hassle. Once again thanks so much for your reply. I'm trying to learn all I can possibly ingest!

The right investor can you give practical insight into your project. Most mentors are more oriented toward the positive mental attitude of slugging through finding a property, which can be trying to a lot of people. I'd join a REIA and find someone doing what you want to do and pay to take them to lunch for a conversation.