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Updated over 11 years ago, 08/19/2013

User Stats

238
Posts
165
Votes
Nancy Roth
  • Investor
  • Washington, Washington D.C.
165
Votes |
238
Posts

Mentoring programs

Nancy Roth
  • Investor
  • Washington, Washington D.C.
Posted

Hi, I'm considering joining a mentoring program run by a successful local wholesaler to help me develop a wholesaling business. In addition to counseling and reinforcement, the mentor would offer me contract forms, access to a wider network of contacts, and a legal and settlement team. But it's quite expensive: 4-14K up front (depending on level of access) for a year of mentoring, plus 50% of the first $100K of successful deals.

I have been learning a great deal on my own, but I think a good mentor could help me speed up the learning process. Speed is of the essence: I have no paying job at the moment. Cash is also scarce.

I'd like the feedback of the readers of this forum. How many of you have used a mentor, and how well did it work out for you? How much direct access did the program give you? Do you think it was it worth what you paid?

East Coaster

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