Derek, Definitely keep us updated, when do you start the program? I honestly wish they had a similar program here! I have met people that do all these things at REIA meetings-but to be able to have all their attention for 90 days would be amazing. My mentor charges me 350 dollar a month-I get to sit down with him for 2 hours every week-we go over deals/questions and sometimes he calls leads for me that have questions on our offers. At least every other Saturday we have a group meeting with all of his students and we work on our deals and see what everyone else is doing-which is cool! Also in 2 weeks I am going to a auction and my mentor is coming with me-its a absolute auction-so I'm hoping we can steal this house-we will see what happens. Almost every one in his program tried to go at it themselves before joining, they would do marketing, look for houses-but they just got stuck at structuring deals or knowing what to say to potential sellers.
And I have to agree with you Derek that while I love BP for the free info-no one is going to give me the time I need for all my questions-answer all my phone calls/texts/emails in a timely manner unless they have a vested interest in me being successful. Since I split deals with my mentor he does. Like I said I dont want one forever-because I feel like I have the motivation/drive and bull headedness to keep going even when things are tough-but I definitely need enough knowledge to be hands on. Some things he does have saved me countless hours of time and money-and at first I did not understand. But now when I step back and see the big picture I realize some leads are just not worth pursuing-when their is too many obstacles with them for a newbie to pursue!
I had been torn forever about having a mentor or not-I really do see both sides on it-but I do feel like if its a true mentor and not just a "guru" selling you some overpriced course-that is what I ultimately needed to get going! With me paying 350 a month for 8 hours of his individual time thats about 45 bucks a hour-plus all the free group meetings with him. I have learned so much stuff!