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Updated over 1 year ago on . Most recent reply

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Steve Sorensen
  • Rental Property Investor
  • Littleton, CO
16
Votes |
44
Posts

Looking for an Experienced Mentor to Partner With

Steve Sorensen
  • Rental Property Investor
  • Littleton, CO
Posted

Hello!

I’m looking to partner with an experienced mentor within the Houston area. I have passively sought out a mentor in the past with mild success, and now that I own four properties, I feel that I have the basic experience and have proven my level of commitment to financial independence through real estate to add tangible value to a mentor/partner.

Here is what I am generally looking for in a mentor:

  • 15+ years’ experience in real estate investing
  • Has been built their wealth/portfolio from the ground up, similar to the path that I am on (i.e. worked a W2 and invested on the side until their real estate portfolio was large enough leave their W2)
  • Be "retired" from their 9-5 and completely financially free
  • Own at least 30 doors
  • Invest heavily in the Houston market
  • Wants to partner on projects and provide project financing (this is not a requirement but I certainly feel this would be more mutually beneficial)

Here is what I intend to offer:

  • Shared equity in projects
  • I will do all the heavy lifting and day to day coordination for projects (with the understanding that the mentor will support questions and assist in critical decisions)
    • I plan to make real estate investing my full time job so this would be an opportunity to grow my mentors portfolio with significantly reduced time commitment for the foreseeable future
  • Provide a few hours of my time each week free of charge to assist with whatever the mentor would want within their business

My real estate background:

  • I purchased my first property, a triplex in Minnesota on an FHA loan, in December 2019.
  • My second property is my current residence which is a house-hack in Denver that I’ve been in since 2021. I do monthlong rentals in the upstairs two levels and I live in the basement full time.
  • I've BRRRR'd two additional SFH's in the last year and a half, one in Texas City and one in La Marque. These are both long term traditional rentals.

I’m looking to make my next investment in Q1 2024 and want to identify my mentor by the end of this year. Please direct message me if you have interest, I’d love to get on a call to consider a potential partnership and discuss each other’s real estate goals.

Thanks in advance!

Most Popular Reply

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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
6,321
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7,936
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Andrew Postell
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • Fort Worth, TX
Replied

@Steve Sorensen there are lots of real estate groups on facebook.  Have you joined any of those by chance?  You should post something like this in those rather than here.  Go local for something like this.

  • Andrew Postell
  • Loading replies...