Updated almost 6 years ago on . Most recent reply
Mentorship in becoming r.e. investor
I want to be someone worth teaching. I have low Start up funds and want to work and learn from someone who can build creative solutions for funding investments. Im looking to stand out as a student and achieve things bigger than myselF in real estate with proper guidance from someone who has already done it. I am based in Pennsylvania , closer to ny. I am in desperate need of education and looking to change my life for my mom and dad while I am lucky enough to have them . I want this NOW . I NEED this NOW. Willing to do whatever it takes !
Most Popular Reply
Dion,
Some people here on BP are paid coaches and they will want you to pay them $10K to $20K so they will teach you how to buy apartment buildings, raise capital, etc. Even though that can be valuable so you don't reinvent the wheel, the problem is you will still need resources (like credit, net worth, access to private capital, professional management, etc) for you to be successful.
My advice is don't pay someone that amount (and based on your post, it does not sound like you have that money anyway).
Instead, seek out someone in your local market who is successful at what you want to do. Then treat them to lunch or coffee. Then offer to work for them for free.
There are 2 things real estate investors will always need - whether they are newbies or experienced:
1. They need more deals
and
2. They need more private capital to acquire deals
Figure out a way to help them do those 2 things and you will have an experienced investor show you how to succeed at this.