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Updated almost 8 years ago on . Most recent reply
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Newbie from Ohio with determination and creditablity
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Howdie Neighbor! @Chris Sellers
Wholesaler here from Indianapolis! Here are a few tips that helped me get started to find a mentor,
Set up keyword alerts for your specific area.
I'd then create a post on BiggerPockets saying where you are from and that you're looking for advice on how to find an ethical mentor in your area.
This will notify other people with keywords set up for your area. (But make sure you don't say, "I'm looking for a mentor in my area, any takers?" As that will get you kicked off for solicitation)
Then I'd be on the lookout for established wholesalers and investors in your area that pop up from your keywords.
Once you find a few that seem to bring in the deals, take them out to coffee or something. Make sure you interview them and get a feel for them. (working with them is a mutual agreement)
If you like them, and they seem like a good fit, then ask if you were to find some deals, if you could bring the deals to them for them to buy and then offer a 60/40 split (they get 60%) if they'll agree to walk you through the process of closing on it/selling it. And state that you'd obviously do a lot of the leg work, you'd just need to be shown what to do.
Finally offer, if they have any other needs in their business, that you're really hungry to get involved and to learn the business, so if they needed help answering phones, cleaning toilets or whatever, that you'd love an opportunity to work with them and help out.
I hope this helps your quest. Finding deals first helped me find a mentor and now I am apart of a team, doing much larger deals.
Good luck & God bless.