Need Advice On Sellig Myself To Mentors
I think that the best way for me to find a mentor is to show, how allowing me to learn from them will be mutually beneficial. I will start with a little background of myself. I graduated from college in august with a bachelor of science in real estate and urban land development. I currently work in a tax assessment office as a real estate appraiser. I am looking to purchase a house for myself as soon as possible and I want this to be my first investment. What I would like to know is what you look for in the perfect apprentice? What benefits are there for a mentor having an apprentice, and what could an apprentice do to help their mentor? Any suggestions at all for me to sell myself to a mentor would be greatly appreciated.[ Edited by ebowman on Date 02/05/2004 ]
With your qualifications, prior employment and education, I really do not believe that you need a mentor. You would probably overawe them to an extreme.
What you need is experience and where better placed to gain knowledge of value of property then where you are.
If you will raise your head a little and look either right or left you are going to see the rolls of those who failed to make their last tax payment and are now behind. Interesting information, sort of a little like being in a long ranged foreclosure. Now what can we do.
Some persons send flyers out to all those persons, offering to make up those payments and all they want is to have the home owner sign a little document that turns into a mortgage and the interest rate? not real estate type but credit card, consumer financing kind.
I am only stimulating your thinking. Now you take it from there. No you do not need a mentor you are looking at a simple way to get rich.
Here's to money. Lucius
ebowman,
With your background you should have mentors seeking you out to train you, just the opposite of how you might think it should happen.
I want you to think about what I am going to say. If you started out Bird Dogging or finding properties for investors, getting paid for doing this, then you could pick and choose from the investors you are finding properties for. Now you will know who walks the walk and talks the talk.
Trying to select a mentor at this time would take some doing because you would not know whether what they were teaching was not from falling asleep watching a late night guru infomercial, waking up and now they are one.
John $Cash$ Locke
PS: I am actually Lucius's mentor, but the pay is terrible.
I think it would be important for the apprentice or "mentee" to demonstrate that they are willing to make a commitment. How would they do this? One way would be to show they are willing to work hard, not expect to be spoon fed most of the time or have someone do their work for them, but be willing to roll up the sleeves and really go at it. Another way is by demonstrating that they truly are motivated to spend the time and effort needed to learn. Where there's motivation, commitment and interest, there will be positive results.
Insofar as the benefit to the mentor, for some it may only be about money or ego. Hopefully, to more it would be about getting the satisfaction of knowing that they had helped to "launch" the next generation. Everybody needs to learn from somebody else. A whole bunch of people helped me. I've always thought that the best way of showing appreciation to them was by giving back--by helping those who really wanted to learn.
Augustus Caesar once wrote that he had found Rome a city of bricks and left it a city of marble--his way of describing his legacy.
Nancy,
Ah Lucius knew him well.
AUGUSTUS (31 B.C. - 14 A.D)
John $Cash$ Locke
Being a mentor is not an easy task. The monetary rewards don't compensate for the time and energy the mentor exerts. It's a huge responsibility.
At where you work, you have a gold mine of mentors. Learn from the best in Ad Valoreum, then make friends with the Recorder dept professional. You will lean more and find more opportunites than you can shake a stick at.
My mentor, Lufos, promised me that the next deal we did together (I do all the work) we'd split right down the middle-----I get 5% and he gets the other half. What a guy.
Quote:
On 2004-02-05 21:34, JohnLocke wrote:
Nancy,
Ah Lucius knew him well.
AUGUSTUS (31 B.C. - 14 A.D)
John $Cash$ Locke
John,
I sure hope that Lucius knew him well. After all, Augustus was his grandson.
Nancy
A mentor is very important to keep you headed in the right direction. Check out your local investment club. Check your Sunday paper. Several wholesalers advertise occassionally in the paper looking for help here in the Tampa Bay area. Remember WiiFM works both ways.
Hint: Positive attitude, dont take no for an answer. Mentors know it takes up to 99 "no's" for each "yes". Mentors look for someone with Rhino Lining. Wait, I think that is what my truck bed lining is made of...
I would have to reiterate SammyVegas comment..."At where you work, you have a gold mine of mentors"...
With you having "access" to this type of information on these properties...especially vacant properties and networking with your local REI group...You wont have any problems finding an investor(s)...
Boy, wish I had this type of inside connection...
Peace & Blessings~
Ebowman,
There should be no selling there, I am sure someone will be glad to help you get started. Anyone in there right mind would jump at the chance to get someone with your background going in this career field. Good luck