Real Estate Mentor
Real Estate Mentor
Real estate coaching is essential if you want to become as successful as you can in less time in the real estate investing industry. Failures and disappointments are always part of any long journey, but many mistakes can be avoided through real estate coaching and mentoring
Mitch Stephen has become a leading real estate mentor in the United States after over 25 years in the industry. There are some very important checks that he recommends when choosing a real estate mentor or coach. You want to make sure that you are doing your due diligence when choosing someone to follow and work with. Be sure that the real estate mentor you choose cares about you and your business. If they are only in it for their own gain, you will not get the insight that you are looking for and your success will suffer.
You also need to be sure that YOU are ready before working with a mentor. You can hire the best mentor in the world, but if your business is not in order or if you do not put the proper time into the real estate coaching, you will not achieve your real estate investing goals.
The connection between a real estate mentor and his or her student is extremely important. You not only need to fit in with your real estate coach’s strategy, but they also need to align with your personal values and goals. Just because someone has valuable insights to offer you does not mean that the relationship is the best fit.
Every great mentor offers one-on-one time to their students. You may run into some coaches who offer online courses or webinars, which is not a problem in of itself. However, if they do not give you the specific time investment to you individually, you will only get so far. Accountability calls, group coaching calls, in-person meetings, and personal visits are all better ways to grow your knowledge than the supplemental coursework that many real estate “gurus” offer.
Here are some additional resources that will help you when it comes to working with a real estate mentor:
FINDING HOME BUYERS by Mitch Stephen One of the most popular questions in the business is, “How do you find your buyers?” This is a very legitimate question. If a professional house buyer can’t find their end buyers/end users in a timely fashion, it can severely erode the bottom line profit. In the worst case…Read More
Texas Attorney Scott Horne and RMLO Grant Kemp Answer questions about Dodd-Frank It is always my pleasure to bring the best experts in house to talk to my students. Whether you are one of my students or not you need to hear how Dodd-Frank is NOT the end of owner financing, but an opportunity to…Read More
As always, you are advised to seek your own professional counsel. I am not a licensed attorney. Therefore, by the law as, I understand it, I cannot make any legal representations as to the accuracy or legality of the views or tactics referred to below. The following is my opinion for better or for worse.…Read More
Owner Finance Case Study For The Week 143 W. Drexel, San Antonio, TX $24k Contract to buy $26k borrowed @ 8% int. only, 5yrs $175 P&I In 5 days we sold the property with absolutely NO work done; This was a “Hoarder House.” $65k Owner Finance Price $5k Cash Down $60k @ 10.5%, 360 mo…Read More