Originally posted by @Trent Ellingford:
100% agree with @Joe Villeneuve. You don't know what you don't know, and if you don't know that you don't know it how do you know what questions you ask? That sentence made sense right (Haha). But seriously, I'm not saying you have to have a mentor but a good mentor, in my opinion, is invaluable. Typically you pay for value. Unfortunately there are a lot of self proclaimed Gurus out there that charge a ton and bring little to no value and give Mentorship a bad name. That doesn't mean that paid Mentorship is bad, it means there are bad players. I have no doubt with all the free resources available someone can figure it out on their own but they're probably going to skin their knees along the way. Plus some people learn better by working with someone. They gain confidence by having their numbers checked, someone to walk them through contracts etc. Again it's not that one is right or wrong, it's what is the best fit for you? I paid a mentor several years ago when I started a business (outside of REI). Some people would be shocked at the amount I paid but to me it was worth it because he knew things I didn't and I got results significantly quicker than relying on just myself. I paid for speed and got a great ROI.
I agree 100%. The amount of money is not a huge deal to me as long as they provide value. I have a feeling that I'll get a good ROI with the mentor I'm considering, which is most important to me. Also, I feel like that most successful RE investors have, at some point, invested in either a mentor, a coach, a class, or someone/something along those lines to help take their business to the next level.
