New? Or Struggling? Sometimes A Mentor Makes All The Difference, Here's Why

[Ken M.]

Before you buy into the concept that "investors" will mentor for free, think about it. Investors are "money aware". They won't give what is needed out of the goodness of their heart. Training someone takes time and expertise. Here is a list of what you need to know to be successful. Or you can reach me at [email protected] I look forward to talking with you. Ken

A good mentor has made his way, will provide two personal hours a week in training, one on one, and unlimited phone calls and will know what he is talking about.
Now, can an average investor, over enough time, cover most of what you need, sure, but there is a down side to investing and that needs to be covered too. The thing is, everybody can share what they know, it's just that some know a whole lot more than others. And knowing "most" won't keep you from getting sued.

For instance here is a list of things you should learn to do legally, and they should offer 100% refund if you don't buy a property under their training.

Learn 10 Low Cost Ways To Buy A House.

• 1. Subject To (Subto) (Take over the mortgage & own the property)
• 2. Land Contract (deed transfers when last payment is made)
• 3. Wrap (seller sells with mortgage that mirrors their mortgage
• 4. Wholesale (buy below market value)
• 5. Abandoned/Zombie /Neglected (buying properties “off market” that others don’t know about, cheaply

• 6. Seller Financing (Seller becomes your bank)
• 7. Lease Option (Test the property before you buy)
• 8. Foreclosures/Probate /Distressed (Buying properties at a discount below market)
• 9. Assumption (taking over the loan of a specific property)
• 10. Joint Venture with seller or investor (buy with a partner to cut costs and risk)

Subject To	Multifamily	Pre-Foreclosures	Buy a Property
Finding Sellers	Cap Rates	Pre-Foreclosure Websites	Location
Structuring	Cash Flow	Marketing	Type
Negotiating	C On C	Methods	Exit Strategy
Contracts	Locating	Contracts	Mortgage
Processes	Inspections	Processes	Maintenance
Structure	Rent Rolls	Legal	Escrow
Paperwork		Sources	Sources
Agreements	Seller Financing	Problems	Good Deal
Disclosures	Finding Sellers	Solutions	Comps
Pitfalls	Contracts		Contracts
Recording	Processes	Spreadsheets	Negotiating
Escrow	Structure	Figuring Deals	Making Offers
Insurance	Paperwork	Tracking Leads
	Agreements	Sorting Data	Wraps
Marketing	Disclosures	Creating Labels	Contracts
Mailers	Pitfalls		Payments
KPIs		Buying – General	Payoffs
Skiptracing	Financing	Negotiations	Insurance
SMS	HML	Appraisals
County Records	Private Money	Contracts	STRs
Scripts	Gap Funding	Escrow	Acquiring
Cold Calls	Bridge Loans		Location
Meetups	Credit	Analysis Paralysis	Financing
Charts	Bank Lending	Getting Started	Numbers
Tracking Leads	SDIRA / 401(K)	Deciding Direction	Furnishing
		Local Vs Out of State	Cleaning
Comps	Fix & Flips	Having A Website	Permits
Redfin	Contractors	Selecting A Market	AirBNB
Zillow	Inspections	Neighborhoods	VRBO
Realtor	Zoning	Crime	Atmosphere
Propstream	Permits		Vacation
How To Comp	Best Use	Title	Travel
		Escrow	Biz
Wholesaling	Probate	Insurance
Acquisitions	Paperwork	Closing	Rentals
Dispositions	Process	Liens	Landlord
Assignments	What to expect		Rent Rates
Finding Sellers	Timeline	MLS	Rental Checklist
Finding Buyers	Pesonal Representative	Dealing With Agents	Rentometer
Contracts	Buying Properties	Leads	Tenants
How Transaction Flows	Marketing	What To Look For	Security
Problems		Expireds	Cap Ex
Solutions	Taxes	Limitations	Reserves
	1031 Exchange		Maintenance
Land	Depreciation	Legal	Taxes
Locating	Dealer Status	Lawsuits
Selling	Investor Status	Things To Avoid	Joint Ventures
Acreage		Attorneys	Partners
Tax Deeds	Asset Protection		Partnerships
	LLCs	Systems	Joint LLCs
Deeds	Operating Agreements	Procedures	What To Know
Contracts	Insurance	Resources	What To Avoid
Ownership Transfer		Hired Help	Set Up
	Lease Options	Finance	Goal
Exit Strategies	Finding Buyers	Team
Lease Options	Structuring	Goals	Videos
Land Contracts	Negotiating		Best
Wraps	Contracts	Lending	Basics
STRs	Processes	Becoming a lender	Sources
Rentals	Structure	Contracts
Residence	Paperwork	Notes	REOs (Bank Owned)
	Agreements	Deeds	Short Sales
	Disclosures	Assignments	Auction
	Pitfalls	Performing
	Recording	Non-Performing
	Escrow
	Insurance
	Setting Prices

When you are new, looking for lenders & considering Fix & Flip, BRRRR, or rental, as a buyer, I’d ask the owner/seller to be one of my private lenders with creative financing. This works in Southern California (CA), AZ, WA, and TX and everywhere else.