Approaching a Mentor - What should I know?

Question

I personally know two experienced flippers/rehabbers and would like to potentially partner with them/get some rehabbing experience under my belt so I can learn and have something to show my experience. I would like to approach either of them or both of them and ask to potentially partner or have some kind of arrangement where I can get experience (and get paid in the process as well). What should I know before I approach either of them? What should I have ready? If you're a flipper/rehabber and someone were to approach you asking to partner what would you ask them/like to know before you got into an arrangement with them?

My experience:
So far ive been in the real estate game since Feb 2021 (a little over 2 years) and have done 2 wholesale deals (I was wholesaling part time while in school). Both properties were in bad conditions. I have read a multitude of books and listen to podcasts every day and stay current on my knowledge. My end game is to obtain rental properties through BRRRR which is why i'd like some rehabbing experience. Let me know!

Andrew Postell · Answer

@Kyle Geoghagan thanks for posting.  My first property was in Tallahassee. Great place.  To me, the most important question to answer - what are you bringing to the deal?  Meaning, why would they even want to partner with you?  For example, if you brought a property - heck yeah we'll partner with you!  And that's usually the answer.  If you bring a property where you and the mentor will make money - they are usually for that.  There are some mentor-types that will allow you to be a "student" of theirs for a fee.  So there is that as well.

Hope all of that makes sense.