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Updated about 12 years ago on . Most recent reply

Account Closed
  • Wholesaler
  • Chicago, IL
38
Votes |
219
Posts

Hiring Interns for your REI Business

Account Closed
  • Wholesaler
  • Chicago, IL
Posted

Hey everyone,

Just wanted to run this idea by the community and hopefully get some feedback on it:

In the past 6 months, I've been hiring unpaid interns for my real estate wholesale business. I've hired about 40+ so far and am actively working with about 10-15 interns. I'm basically teaching them step-by-step how to do deals by starting their own wholesale businesses.

Has anyone else come across this idea or has anyone actually been using this strategy in their business?

I'm curious to get some feedback on this topic to hopefully improve my internship program in the process.

Any and all feedback is welcome!

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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
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Bill Gulley#3 Guru, Book, & Course Reviews Contributor
  • Investor, Entrepreneur, Educator
  • Springfield, MO
Replied

Ken calm down. Yes, internships are bing cracked down on depending on how they are being used. I think the term intern here is more like a student or client fo a self employed person.

Universities and colleges have intern programs and I have used them, they work for a grade. I also kept them happy financially, take them out for dinner and lunch, pay for gas when we stopped etc. I was not making slaves out of them.

But some do and it's really the large corporate types that have invented slave labor for interns to work in order to get hired later on, that's where the abuse is.

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