@Mitch Messer Thank you for breaking down the differences! That made everything very clear.
@Jay Hinrichs My partner and I thought the same thing. We didn't want to give too much and he would have accepted so much less.
@Chinmay J. During our initial chat, we all spoke about our personal lives, our why and where we want to go for the future.
@Shiloh Lundahl Thank you for your breakdown and lesson. Your friend of the family was still in his younger days and had some growing to do before he could appreciate the knowledge you were trying to provide. We all must crawl before we walk and I'm sure he sees the lesson
UPDATE: I spoke to him again yesterday for another 25 minutes so I could know if this was a coaching or mentoring type of relationship. He said he's available for whatever our needs are. Our "good faith offering" could be something small and he said he would not be offended, but just wanted to make sure that we were serious. I don't mind an offering to be mentored or dropping him some money or a gift from time to time for his help along the way. He's already given us two assignments to work on before we connect again this week by phone. When the possibility of coaching need arises, he said he'd be happy to help in any way and that he'd structure it for coaching and let us know what his fees are. I don't feel that he's trying to take advantage of us. We just needed some simple clarity. Goodness knows in this business time is money and I would never waste anyone's time. I'm passionate about my future and what real estate can do for me and my family. With that said, I'm looking forward to working with him and seeing where things go 😊