How should I go about finding a good mentor?

Question

Hello everyone, I’m 19 years old and I’ve been researching and reading books on real estate for about two years now. I’ve finally got the courage to take action and I’m currently trying to wholesale to build up capital so I can start to invest in properties that I can buy and hold to produce passive income. I know I’m going to make mistakes, but I would like to minimize those mistakes as much as possible by finding a mentor. Please leave some tips on what I should do.

Joe Aiola · Answer

@Keelan Bell Very impressed that you got started so early - you're ahead of most of us! Keep up the great work and keep taking strides forward. Do you know any wholesalers in your area? If so, find a way to add value to them (this goes for any person you would like as a mentor). Offer to go driving for dollars for the wholesaler for free to learn that side of the business. It will give you good experience as well.

That's just one way, but you could think of a bunch more. Best of luck!

Nina Granberry · Answer

Good job of starting to educate yourself, Keelan. That's a great start and I am doing the same as a new investor, building daily habits that will make me a successful investor. Ironically, I was just reading about this in the Ultimate Beginners Guide to REI. You can read the entire excerpt about mentorship here but the gist is:

+ Find a local investor in your area that you could learn from

+ Make yourself valuable in a way that is meaningful to the other person

+ Find someone to learn from that is already doing what you are aspiring to do (in this case, you're looking to connect with an experienced wholesaler)

+  "Prove that you are in this for the long haul by being persistent, building knowledge, and actively growing outside of the relationship you are building."

Hope this helps.

Nina

Keelan Bell · Answer

@Joe Aiola

Thank you so much for the advice!