All Forum Posts by: Michael Burks

@Harry Nima Zegarra

I happy to help and talk to you anytime free of charge ;)

@Harry Nima Zegarra

I found everything you need to know is out there without having to pay a guru $20-$30k. Although I did join a mentor program when I started, I don’t feel it’s necessary. Consistently networking and getting involved in free meetup groups was big for me. There is a ton of great podcasts, online groups and webinars out there that provide amazing content for free. Old Capital Podcast is a great source I would highly recommend. Ken McElroy’s group is one of my favorites and he just launched a new Master Course. Ken has been very successful in the MF space for many years and is passionate about giving back and helping others get involved. He too does not think it’s necessary to pay $20-$30k to a “guru” in order to learn this business. So far I closed with 2 deals in 2019 and 3 deals in 2020, putting me just shy of 1700 doors. My goal for 2021 is 2-3 more. Education removes the unknowns that stop so many, so Learn, Network, Then Take Action...

@John Ellerman @Todd Dexheimer Thank you both for taking the time to post.  Your advice is very much appreciated.  

@Omar Khan Thank You....

@Elizabeth Wilson Thank You!

@Alexander Felice thank you for the genuine advice...best I’ve received

@Andrew Johnson thanks for taking your time to respond.  I appreciate your perspective.  

@Andrewjohnson, typically when you are trying to mentor someone they don’t have much to bring to the table except time, money, hard work and the passion to learn.  Otherwise they wouldn’t need a mentor.  I am successful in my own field and is why I have money to invest in multi-family.  I have personally mentored many people who had the passion to enter the field of my expertise.  Most successful people have had mentors, for example Bengamin Graham was Warren Buffetts mentor.  Mr Graham did not charge Warren a dime, but yet Warren had nothing to bring to the table expect his time, hard work and passion for what Mr. Graham was doing.  I attend the BRK shareholder meeting every year in Omaha and have heard this story many times.  Most truly successful people love to give back and share with others.  I am simply searching for one on this plateform in my area.  I am not seeking someone who is running a sales funnel first, while teaching second.  I am not sure what you are talking about when referring to podcasts, etc doesn’t count, as I never mentioned those things.  But I do know the most successful people read everyday.  

@Andrew Johnsonundefined

I went to the 2 day Life Styles Unlimited class this past weekend with the goal of learning and finding a multi-family mentor to begin investing with. Like a typical sales funnel I quickly learned it was a brief overview to get the juices flowing, tell you about all the stock market failures and pain points that have let you down in the past, then build you back up with the millionaire mindset and that for only a mere $20,000 that LSU can mentor you to become a millionaire and live the millionaire lifestyle that you and your family so deserve. And to ad a sense of urgency to close the deal, they say you must sign up today or next month the price will be $25,000.

My question to everyone...is there anyone out there who genuinely is willing to mentor someone in the Dallas/Ft.Worth area?  I have the passion and the funds to invest in multi-family, I just have no interest in being run thru a sales funnel and someone collecting $20,000 - $25,000 first.  They are in the business of making huge money off selling information and dreams via sales funnels first, while teaching the secrets of investing second.

I am looking for the kind of mentor that is not part of trying to run people thru a sales funnel and collect there money before you learn the “secrets”. Is there anyone out there that exists who is willing to let someone shadow them, while in return working for free just to watch and learn the process that truly make there living investing in multi-family and not running a sales funnel?