Real Estate Mentors - Do Real Estate Investors Need A Real Estate Mentor?

2011-06-20 17

http://www.REIClub.com - Is a Real Estate Mentor Necessary To Be Successful As a Real Estate Investor? Here’s How You Can Decide If Real Estate Mentoring Is Right For You.

Many investors contemplate whether or not they need a Real Estate Coach in order to succeed in real estate, but in order to decide, you need to first ask yourself these questions:

QUALIFYING:
- Passively / Full-time
- How much time/money spent?
- What are my goals as an investor?
- What is the one thing I want from real estate investing?
- Familiarity with market?

BENEFITS TO REAL ESTATE MENTOR:
- Accountability
- Guide you step-by-step
- Structuring Contracts
- Lead generation
- Negotiating
- Structure Closings
- Exit strategies
- Access to Contacts

QUALIFYING REAL ESTATE MENTORS:
- How long?
- What’s your specialty?
- Is the mentor actively investing?
- How many transactions?
- How many students?
- Average time?
- Can I contact?

COSTS FOR REAL ESTATE COACHING / MENTORING:
- Costs can vary - typically $5k-25k