Found a potential mentor, now what?

[Kim Handelman]

Hey Everyone,

I'm just starting out and have been hoping to find a mentor to work with in my CT Shoreline area. Well I've found what I think could be the prefect fit. This guy and his partner have a thriving wholesaling business. I brought him a potential deal that seems to have fizzled and he was so much help. He has great energy and seems to be a natural teacher. My question is, how do I approach him to discuss the possibility of working with him? And if he says he's interested, what would a fair compensation be since I am so green? I have a lot to offer. I'm outgoing, have sales experience and work with people well. I have 20 years of advertising and graphic design background. I've also built a house and done some big renovations. I was thinking a small percentage of any deal I work on or bring to the table. Does this sound fair? Has anyone done something like this and if so, what percentage did the mentee take?

[James Enright]

Try this tactic.... .How about simply, find a property and JV and split 50/50 with that person and learn wholesaling from them while you are at it.