What are some questions that I should be asking a Mentor?

[Luke Smith]

BP! 

Today marks my first forum post on BP. Big step over here! 

When I was a Junior in College, I attended my first ever real estate seminar with the guys at Fortune Builders. Ryan Carmody, the keynote speaker spoke about all the possibilities of investing with HELOC's and showed us the wonders of Mobile home park investing. It was then, nearly 8 years ago, that I knew that real estate was a yet realized passion of mine. Over the last 8 years I have built Escape Games, Tiny Homes, mowed 1000+ yards, and installed hundreds of thousands of feet of irrigation, and yet, I still remember that very seminar to this day.

Currently, I am a Project Controls Analyst at a leading Civil and Renewable Energy construction company, but am highly motivated to grow my portfolio, learn more about the RE industry and ultimately spend my time on my own time. Within those 8 years, I have studied real estate on the side; books, podcasts, coffee with real estate agents/investors, lunch with hard-money lenders, and countless BP YouTube videos. My wife and I currently own a SFH that we rent out with positive cash flow. This paired with working with a hard-money lender for 4+ months last year, only made my passion more realized, and furthered my hunger for RE investing.

With all that being said, I am looking to purchase my second B&H this year. What are some questions that I should be asking a potential Mentor? 

My goals consist of:

-Purchasing and prehabbing 10 B&H's over the next 3 years. 

-Flipping 3 homes in the next 5 years. 

-Paying off Student loan debt in full in the next 3 years.

-Leave my day Job to move FT into real estate investing with the focus on Rentals and Flips, but also in a niche of Camper/RV flips in less than 3 years. 

-Set up 2-3 B&H homes w/ 20 year mortgages for (future) kids college fund. 

My Whys

-To be able travel freely

-To spend quality time with my wife, and family. 

-To be financially free from all debt obligations 

-To be able to give/tithe freely and frequently

-To be able to see all 30 MLB stadiums, open a gym, and start a Youth Church camp. 

[Luke Smith]

@Chad Rocke - Thank you for the feedback. I am reading through BRRRR and How to invest in Real Estate right now. Additionally, just went through the first free webinar with Brandon. I will continue to be active on the site and hopefully soon, post about some success.

Thank you!