All Forum Posts by: Sterling Brown

@Dalyn Hazell Thanks so much for your response! It's really great to hear of your experience for that is exactly what I'm looking for! Thanks for the tips on finding a great mentor!

@Bud Gaffney I'm a scientist with the federal government. I work in Food Safety!

Hi all! I'm from Athens, Ga and currently in the beginning stages of real estate investing. Learning as much as I can and getting a business plan together. I plan to begin investing in my local area and I founded Skybound Investments Group LLC to house my investments. I have currently gotten to a place in my career to where I can stock up cash for future deals! In seeing all the difficulties landlords are having with tenants during the pandemic, I am holding off on investing until we see what fall of 2021 entails, but until then I am interested in learning all that I can! I'm looking for mentorship, networking, and education. When safe, I would love to go along with someone into a rehab to learn the ropes, or ride along with an investor examining, placing offer, and closing on a deal. I read real estate books all the time but I'm very much a visual learner! And lastly like so many of you my goals mostly entail financial freedom, early retirement, and the ability to fund my expensive aviation hobby as a private pilot with a few planes. Thanks for reading! ~S

I always hear to grab a mentor, well I have this idea for something and I was wondering if there's already a process in place for it. It ensures competency and confidence in learning the trade. I can and have read many real estate investing books and could all day but being a very visual learner, context comes to me with live examples.

Concept: Basically shadowing an investor in All aspects of a deal, from exploration to first tenant using the mentee's(me) money.

This could happen one of two ways:

I am the billfold. An experienced investor takes me along for the ride of finding me a worthy deal, from talking to agents, talking to lenders, making offers, doing the rehab (talking to contractors/handymen) find the PM/tenants... Beginning to end just so I can see a live yet somewhat controlled example of the process through the actions of an experienced investor on my first property. Of course to add value to the transaction betwixt the two, we could agree before hand on a 1-3% of the valuation of the home at closing or at ARV as an incentive for their trouble.

Or...

For a fee someone let's me tag along to on one of their own deals beginning to end, ins and outs like above to see the live process of acquiring a property.

Yes I lose out on some extra change in the end but the live experience to me would be so worth it going forward

Does this process make sense and are people already doing this?

@Emanuel Martinez I just recently posted about the same thing and got zero replies. Good luck finding the help man!!! Try looking more local in your area.

No opinions..... huh?

I always hear to grab a mentor, well I have this idea for something and I was wondering if there's already a process in place for it. It ensures competency and confidence in learning the trade. I can and have read many real estate investing books and could all day but being a very visual learner, context comes to me with live examples.

Concept: Basically shadowing an investor in All aspects of a deal, from exploration to first tenant using the mentee's(me) money.

This could happen one of two ways:

I am the billfold. An experienced investor takes me along for the ride of finding me a worthy deal, from talking to agents, talking to lenders, making offers, doing the rehab (talking to contractors/handymen) find the PM/tenants... Beginning to end just so I can see a live yet somewhat controlled example of the process through the actions of an experienced investor on my first property. Of course to add value to the transaction betwixt the two, we could agree before hand on a 1-3% of the valuation of the home at closing or at ARV as an incentive for their trouble.

Or...

For a fee someone let's me tag along to on one of their own deals beginning to end, ins and outs like above to see the live process of acquiring a property.

Yes I lose out on some extra change in the end but the live experience to me would be so worth it going forward

Does this process make sense and are people already doing this?

@Bud Gaffney Now that my career has taken off and I'm saving a good bit of money, I hope to purchase my own personal home, and my first rental property by the end of 2021!