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Updated about 12 years ago on . Most recent reply

User Stats

104
Posts
30
Votes
James Peoples
  • Investor
  • Atlanta, GA
30
Votes |
104
Posts

Mentor/Coach

James Peoples
  • Investor
  • Atlanta, GA
Posted

Okay, today I met a guy who claims to have over 30-years experience in real estate investing. He is offering to coach and train me. He is offering to be my coach for what I feel is a hefty fee.

Here are the numbers and what I get for his professionalism.
$500 for
-20-minutes of couching and access to his marketing programs
-Access to his attorneys and investors/end buyers
-Personal guarantee that he would walk me through my 1st three deals from beginning to end of escrow on all three.
-Also after the 1st three deals he would no-longer consider me a student but a partner.
-I will have access to his title company and investment forms

I personally think $500 for only 20-mins of his time is to much in a business that's so complex's. I fill more than 20-mins is needed in order to build a trustworthy relationship.

Any advice BP?

Most Popular Reply

User Stats

17,995
Posts
17,205
Votes
J Scott
  • Investor
  • Sarasota, FL
17,205
Votes |
17,995
Posts
J Scott
  • Investor
  • Sarasota, FL
ModeratorReplied

I would offer to put the $500 into escrow and release it to him after he walks you through that first deal...

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