Driving to the real estate world

[Wayne Swenseid]

I am inexperienced in real estate investing and wanted to get my feet wet. I was thinking of investing one day a week (for free) at my local real estate/house flipper office in the area.I was thinking of donating my time to experience his practices.should I approach him in a casual way offering to donate one day a week in his office, or should I set up a structured internship agreement with him, dictating time of services.

Bottom line casual or structured agreement?

I have met with the gentleman one time for about a 30 minute meeting in his office. He had a team of about five people in the office. Operation looked very successful and he has been in business 30 years. He took the time to answer my questions and seemed very friendly, although easily distracted when not challenged

I would love to have feedback on my latest idea, thanks very much.

[Guy Gimenez]

Someone who has been investing for 30 years surely has his team and practices in place so it may be hard to add value to his business even if working for free.  After all, he still needs to have one of his staff spend time training you. 

Why not consider spending your time engaging investors at a local REI club and provide your contracting expertise to newer but active investors. By doing this you have a much better chance of partnering on a deal where you're adding real value and will be compensated instead of giving away your expertise for free.

Just my 1.75 cents worth of advice.