@Hector Asencio How much is the Acquisition and Execution program? I was looking into the program too. It seems like there are different schools of thought, in my opinion. The main thing I hear from investors here on BP is that gurus and programs and paying for things is something that you should not do. People are saying not to pay for anything and that everything you need to know is out here already, and for free. That is true.
However, paying for a mentorship program is supposed to take you through the steps, from beginning to end. You hopefully are paying for avoiding mistakes that you would make had you not paid for their expertise. I think mentorship programs are appealing to people that are afraid of jumping into real estate but they really want to do it, that do not have a network or access to resources that many of the people on here have starting out. I think that when people encourage folks like Hector or @Kellen Buril or myself to just network and to read because it's all out there for free, they are speaking from a perspective of privilege.
I don't know...I come from poverty. My mom raised 4 kids alone. I am a first generation college student. I learned about being financially responsible by looking at all of the bad examples around me and deciding that I do not want to be them. And now, I just recently purchased my first investment property a couple of weeks ago. I put a large chunk of my savings into getting this deal. And, I want to be successful and to keep moving forward and forward and forward. As far as obtaining my next property, I am thinking that I have to save money again to be able to put down a down payment and do it over again. Now, people will read that and probably think, "Well, she is going about this all the wrong way. That's not the way to move things along quickly. What is she doing?"
I would like to have someone help me think through my planning process to make sure I am focusing on the best plan possible. I think a mentorship program would help with that. So, I can see how paying to join a mentorship is enticing because you know that you could move things along faster and with less mistakes. You could also get scammed. I wish that the mentorships that I have seen weren't so ridiculously expensive, though. It feels like people are just trying to make money off of you. That is the main reason why I have not moved forward in paying for anything so far.
I am not sure if any of what I wrote was helpful here :-)
I just feel that people should not be so quick to shoot down people's ideas of looking into mentorship. One of the main reasons they are doing it is because they are trying to get to the place where you are right now.
Also, thank you @Lee Ripma for mentoring me through my first deal purchase. If I did not have you to ask all of my many questions throughout the process, I do not know if/when I would have pulled the trigger.
