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Updated about 6 years ago on . Most recent reply
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Recent Stony Brook Univ. Graduate looking for a mentor!
Hi everyone!
I'm Zorinne and I have just recently graduated from Stony Brook University in Long Island, NY. About 6 months ago I started looking into Real Estate Investing and made it a goal to have my first property by next year. My mission is to purchase a multi-family home and "house hack", living there and renting out the other space. I thought it may kill two birds with one stone, getting me out of my parents and into my first property.
It has been a long time coming and I am ready to take action, finally!
I am looking for some guidance in these areas:
1. Where is the best place you have found mentors?
2. Possibly finding a partner, preferably with at least some experience in Real Estate Investing, who resides in the Suffolk/Nassau County or Queens area of Long Island. Is it wise to start off with a partner?
Thank you
Most Popular Reply
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Welcome, @Zorinne Green! Here's a couple ideas:
1) Find a real estate meetup in your area and attend regularly. It's a great place to meet people at every stage of investing from not owning any property, to owning hundreds of properties, looking to make hard money loans, realtors, contractors, etc.
2) Most mentors aren't looking for a mentee unless they have a paid program. You don't need a paid program right now. But if you want to work with someone, you need to bring them value. What you may see as a negative (being young and inexperienced in real estate) has some positives. You are probably very savvy with social media and your lack of experience allows you to think outside the box. Offer some social media marketing skills for free to an investor and you may have the beginning of a partnership that will also bring benefit for you.
Hope this helps,