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Updated almost 4 years ago on . Most recent reply
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Seeking REI Mentor ? Suggestions ?!?
Hello Everyone,
I’m a relatively new investor with one deal under my belt. I house hacked a 3 unit MFH in Baltimore City 4 years ago. I am seeking a mentor who could guide me on how to scale. I am a full time Registered Nurse and enjoy my career immensely! My long term goal is to acquire 10 rental properties to use as early retirement income. I’m currently in Doctoral school to become a Psychiatric Nurse Practitioner and plan on practicing full time for approximately 10 years before flexing into a consultant/1099 role that will allow me work only on my terms.
Over the past 4 years; I’ve studied and over analyzed deals wayyyy to much which is why I am in desperate need of a mentor ! I have some dry powder and more than ready to hop in my next deal !
Any suggestions on how to secure a knowledgeable mentor is greatly appreciated:-)
Thank you
Most Popular Reply
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I know COVID has slowed so much down but the best thing anyone can do in this business is networking. When the world opens back up start hitting as many of those local REIAs you can and get know the right people. Also, once you know who is who and can establish confidence in the abilities of some of these experienced investors, you may want to explore investing in one of their projects. I have done this and plenty have invested in mine. It helps you become directly involved in the entire scope and you directly observe how things should be done. In addition, instead of paying a guru thousands of dollars you are earning money on your principle while you are still learning. Once the project is complete, it adds credibility to what experience you have because its literally one of yours! Good Luck and congratz on everything you are doing!