'New Kid on the Scene馃' : How do I impress my new mentor?

'New Kid on the Scene馃' : How do I impress my new mentor?

New to Real Estate 路 OK 路 Member since 2019 路 12 posts 路 4 votes

I have a commercial and property management internship under my belt. I have my plumbers license. I have verbal commitment from an investor to back my first RE deal. 

I made this new connection this summer with the investor who is doing exactly what I want to do. I asked for this man to take my under his wing this winter and teach me all that he can. 

He has two in-house renovation teams that I will work with. As well as taking me along to analyze properties and showing me how his spreadsheets work.  

To all you Residential investors and hard money lenders: What would impress you most to see from a young, scrappy, and hungry individual? Certain books, certain websites, certain habits, certain licenses, certain friends, certain shows? Anything will help! Thanks in advance!

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Rental Property Investor 路 Denver, CO 路 Member since 2018 路 191 posts 路 247 votes
6y

Hey Robert! The answer to that question is always "help your mentor achieve THEIR goal". When I first started, I helped my first mentor find 8 deals that he bought (I went out and hustled and talked to sellers for him). 

Not only did he pay me 1K finders fees for those, but he constantly taught me and invested time in helping me grow as an investor.

So start by asking your mentor what would be most valuable to him.

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  • Rental Property Investor 路 Denver, CO 路 Member since 2018 路 191 posts 路 247 votes
    6y

    Hey Robert! The answer to that question is always "help your mentor achieve THEIR goal". When I first started, I helped my first mentor find 8 deals that he bought (I went out and hustled and talked to sellers for him). 

    Not only did he pay me 1K finders fees for those, but he constantly taught me and invested time in helping me grow as an investor.

    So start by asking your mentor what would be most valuable to him.

  • New to Real Estate 路 OK 路 Member since 2019 路 12 posts 路 4 votes
    6y

    @Brian Ellwood

    Man, that's so helpful, Brian!

    I will do that! Thank you for the advice!

  • Specialist 路 Delran, NJ 路 Member since 2016 路 2k+ posts 路 951 votes
    6y

    Better yet, pay attention, figure out what he needs and either do it or often to do it.

  • Whitney HuttenPro Member
    Investor 路 Boulder, CO 路 Member since 2016 路 1k+ posts 路 1k+ votes
    6y

    @Robert Lolofie Be the person that takes charge of your education, be proactive and execute... if they give you pointers to make your project better, do it!  Also, be a person who asks "how can I" and avoid coming to them saying "I can't"... it's a mentality shift if you haven't already made it.  But one that will serve anyone very well!

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