Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
Shirley Frias
  • Chesapeake, VA
2
Votes |
8
Posts

What would you do with 30K?

Shirley Frias
  • Chesapeake, VA
Posted
Hello Everyone! This might sound like a no brainer to most of you but I want to hear your thoughts about this situation.. If you are only starting out in REI (no experience and don’t know anyone personally who could help you) and you have 30-50k, would you spend that on a mentor that will guide you step by step on buying properties (almost guaranteed you’d find a great deal fast!) or would you spend that straight on buying deals all on your own (which could probably turn out as a bad deal?) Will appreciate your thoughts!

Most Popular Reply

Account Closed
  • Rental Property Investor
  • Torrance, CA
1,208
Votes |
724
Posts
Account Closed
  • Rental Property Investor
  • Torrance, CA
Replied

If by mentor you mean a guru that is selling a program I say absolutely don’t do that. If by mentor you mean a friend or family member that has been successful then ok. Everything the gurus will teach you can be found in books, online, and right here on BiggerPockets. This isn’t rocket science you don’t need to pay $50,000 for someone’s “secret method.”

Loading replies...