How do I know when I have the right Real Estate investor mentor?

How do I know when I have the right Real Estate investor mentor?

Member since 2019 · 9 posts · 1 vote

Being  a newbie in Real Estate Investing. While doing my research. I have come across information suggesting at some point I will need to find a Real Estate Investor mentor.

How do I know when I have found the right mentor?

Are there questions I need to ask?  How will I now the right mentor is a good fit for me and l for her/him?

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  • Rental Property Investor · TX · Member since 2019 · 303 posts · 364 votes
    7y

    That is a great question, but it is similar to asking "how do I know when I've find the right doctor?" or "how do I know when I've found the right lawyer?" I think most people just Google them, and go with the first one they see, or the one with the best reviews. Perhaps a friend or family member recommended them. Most people don't take the time to find the best one.

    Everyone has a different definition of "best" too. I like my doctor to be knowledgeable, whereas others like one with a good "bedside manner".

    Finding a mentor is like finding gold in the ground. We all know it exists, but no one knows where to look, fewer even try, and only small minority ever get that lucky.

    I think the "you need a mentor" propaganda is propagated online by the gurus that want to sell you access to themselves or some other product or service that lines their pockets.

    Bottom line: Very few people give away anything for free. You either need to proactively seek the information, or hire advisors and pay them for their expertise.

  • Member since 2019 · 9 posts · 1 vote
    7y

    Thank you Steve for answering my question about researching real estate investing mentors.

    Your response was very helpful. Checking reviews when looking for a mentor is a very good starting point. One I will take under advisement.

  • New Rochelle, NY · Member since 2018 · 235 posts · 151 votes
    7y

    It sounds like you have many mentors to choose from.If they have a proven track record doing the same type of investing you want to do that is the person you should select.

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