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Updated about 1 month ago, 10/14/2024
Need Advice for Helping a Struggling Mentee
Hey BP Fam,
I just started mentoring folks interested in real estate investing and could use some advice. I’ve got two mentees right now. One of them is absolutely crushing it—she’s always hunting for leads, making calls, driving for dollars, and more. But my other mentee is having a really, really ,REALLY tough time, and I want to help him out.
Here’s some background : He’s been trying to get into real estate for 6 1/2 years. He goes to forums, meetings, markets to leads HEAVILY, studies like crazy, and more. But despite all this effort, he hasn’t closed a single deal. It’s strange because most people, including me, think it should take about a year to get a deal.
He’s faced some serious challenges—he’s been homeless, tricked out of deals, and more. It breaks my heart because he’s really trying his best. He reads the books, takes the courses, visits the forums, and keeps re-strategizing. He won’t give up because he never wants to experience homelessness again he tells me.
I’m reaching out for advice on how to support him better. What tips or strategies can I offer to help him finally close a deal? I don’t want him to waste any more time and want to steer him in the right direction so he doesn’t have to suffer unnecessarily. I feel like I can't mess up with this one. It's a lot of pressure.
Any tips, guidance, or advice would be super appreciated!
Thanks a ton!