Did I Find a Potential Mentor?

Question

I have to say I have only been here on BP for a few weeks, but the interaction, information, and willingness to help has been mind-blowing. This is such a great community.

That said, I have been trying to augment my BP education by reaching out around me personally to see if anyone is a REI. Turns out my neighbor owns 5-6 properties, and he and I have hung out on various occasions, but never spoke of his investments.

After learning of his REI experience, I reached out to him and asked if he would be willing to have a conversation with me over a beer about how he got started and his experiences since being involved in real estate.  He happily agreed and seems to be looking forward to the conversation.

Not sure he would be mentor long terms, but it's an encouraging start.

Anything specific I shouldinclude or avoid during the conversation? I have my own thoughts of course, but if you have anything to offer, I'm listening.

Thanks!

Chris Urso · Answer

Hey Claudio, congrats on taking the first step and reaching out.  Be open and honest.  Don't talk about jumping into business together but, focus on learning and keep in your mind how you could potentially be of help to him.

Best of luck,

-Chris

Eric Rizzo · Answer

Depending on what type of investing you plan doing, a good way to get someone's attention & show you are serious is to offer him a 50% split of the profit on your first deal. To have someone willing to walk a novice through a completed deal is a huge benefit.