Re: Mentoring/Coaching - Posted by Ron
Posted by Ron on September 18, 2004 at 18:55:12:
I think a mentor can be invaluable but a paid mentor is usually not the best way to go. For sure, someone local, who can meet with you personally is best.
Also, it would depend on what sector of the market you are interested in because someone w/expetise in raw land would not be the best mentor if you are going to invest in multi-family.
Also, what are your goals? Why do you want to invest in RE and what do you hope to accomplish? Your answers to those kinds of questions will go a long way towards defining what type of RE you invest in.
For example: If you want to produce spendable income, then you obviously wouldn’t invest in raw land, generally speaking.
A mentor could be helpful in helping you to define your goals; just that is invaluable but make sure you get someone w/a track record. Ask for a list of previous clients and contact those individuals for their opinions/experinces.
Sooner or later, though, you need to get your own feet wet. Good luck.