Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x

Posted over 13 years ago

Real Estate Coaching & Mentors

There’s no secret that real estate mentoring will help educate, motivate, walk you through a proven system, and guide you in the right direction as you start your new journey for building wealth in real estate. It’s obvious that every successful person has a mentor that helps them grow their business. You rarely ever hear about these people but they are there working hard to help someone get better.
Here are some tips when finding a mentor for you and your business:
* A mentor that has had proven success.
* A mentor that is compatible with you.
* A mentor that is driven to help you, not use you.
* A mentor that can teach you what they know in a way that you understand it.
* A mentor that assists you through all faucets of the business.
* A mentor that doesn’t give up.
Real Estate mentoring is a challenging job because each student comes from all walks of life, different goals, different levels of education and experience. But they all have one thing in common, they want to make money.
My mentor taught me how to look at life differently. He said, Chris, stop worrying about the ending result, which was the money part. He said that I should focus on the task at hand and give 100% effort to do it right. Eventually conquering the mystery of real estate investing. I was taught that you must follow certain steps and execute them in a specific order if I wanted to make money in real estate. Then go out there and start studying people that understand how to market your business.
Once I did this, my business completely turned around. I let go of the thought of making money and focused my time on helping people that were in a bad situation. I soon realized that real estate mentoring was the turning point for me.

Comments (4)

  1. Very good advice. I have a question. What do mentors get out of teaching newbs? Is the a price for having a mentor?


  2. Great points, Nick. And, as we know, the dirt bags out there have flocks of sheep who will act as a reference or testimonial for them . . . you nailed the million dollar questions!


  3. Those are all great tips. The biggest one for me would be a 'Proven' success record. The problem is how does a newb know whats real and whats fluff ya know. Can you imagine if this was easy for a newb to figure out? All the big gurus would be broke


  4. I imagine that a potential investor could have faster or greater success with the right mentor. I know though that individuals that have the passion, desire and willingness to learn can find what they need to succeed without a mentor. How can a newbie identify a mentor that could help them succeed. Every individual is different and some individuals are really not cut out for RE investing. I'm personally quite happy with the success I've had in RE. I continue to learn from a multitude of sources and I'm always looking for good connections.