Where to find a professional coach?

Question

I’m looking for recommendations on personal coaching for a mixed use and commercial property transaction. The first opportunity is a mixed use facility and the second is a commercial building.

I’m looking for someone to assist in evaluating the acquisitions and offer guidance on funding. I have residential investment property but this is my first commercial and looking for a seasoned paid coach.

Ronald Rohde · Answer

The niche is critical, I'd never hire a buy and hold NNN industrial coach if I was trying to do development. The nuance is just too great.

Brock Mogensen · Answer

Lots of great coaches out there.  Important to find one that is in the niche you are looking to be in, as well as one that has real life deal experience.

Ronald Rohde · Answer

I think its tough. You are probably better off looking for a partner/mentor who you can co-invest with. Or a regular business coach if you're looking for accountability.

CRE is very much a profitable industry, so you don't get the ROI from coaching like other industries.

For underwriting, find a local group, write up your model and a one page summary, usually other investors are willing to look at ti and give you free feedback. For funding, I'd talk to lenders and brokers, plenty of them will chat.

There are other service professionals available to chat, but for example, I talk to my clients about various aspects of industrial deals, but at our hourly rate.

Brian Adams · Answer

@Sylvia Megyerdi the last deal I closed was a 1,000 unit apartment complex and I raised $40 million in a month to close the deal.

I offer consulting services and my rate is not cheap.

When searching for a seasoned coach, my top suggestion is to have a clear understanding of your motivations and reasons, or your "WHY".

Ensuring that you have a clear sense of purpose will help you find a coach who aligns with your goals and can provide the support and guidance you need to achieve success.

Tanh Truong · Answer

I'm a part of a mastermind/coaching program that focuses on non-residential commercial properties. Our coach/mentor has over a decade of experience.

Doug Smith · Answer

I think I should start a coaching business...lol. Seriously, I've not run into a paid coach that really had a strong background in commercial investment themselves. Most coaches I've met make more off of coaching than they ever did off of investing. When you find someone, ask them for the Settlement Statements/HUDs on the last 10 deals they've done personally. That might tell you a lot. If they can't show you that they've got the experience to help, then I would keep looking.

Where to find a professional coach?

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