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Updated almost 5 years ago on . Most recent reply

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Danny Benavides
  • Investor
  • San Antonio, TX
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Real estate apprentice?

Danny Benavides
  • Investor
  • San Antonio, TX
Posted

Is there any Real Estate investors in the San Antonio metro area that are looking for an apprentice or assistant? I am currently looking for a way to start off by wholesaling but I am seeking a mentor if anyone could help that would be greatly appreciated. Thank you

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Rick H.#4 Marketing Your Property Contributor
  • Lender
  • Greater LA/Orange County area, CA
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Rick H.#4 Marketing Your Property Contributor
  • Lender
  • Greater LA/Orange County area, CA
Replied

Be aware that what many people call 'wholesaling' is actually bird-dogging. Real wholesaler have the ability to structure, fund and close on a deal. 

Putting a property under contract to buy only to hope and pray that you can find a buyer is often an unethical practice if the principal seller doesn't know you can't perform yourself.

Perhaps your objective is to become a finder. That's another term for a bird-dog or lead generator; someone who is an initial point of contact with a principal (someone who has the capacity or standing to sell something that they own or control).

Your best prospects for finding guidance is to begin studying real estate fundamentals like title research, comp values as well as sales so that you better understand the situations of the would-be sellers you encounter. 

Unless you're willing to invest time in your education, why should a mentor invest their time in you?

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