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Real Estate Investing Mentor: How to Find & Choose The Right Property Investment Mentor

February 1st 2018

Real Estate Investing Mentor: How to Find & Choose The Right Property Investment Mentor

It’s hard to achieve great things alone.

If you want to meet your goals, it’s good to have someone by your side who will give you support and advice.

Having a mentor means learning from the knowledge and mistakes of someone who has already done what you are trying to do. A great mentor could also give your confidence a boost when you are experiencing self-doubt.

Where will you start looking for a mentor? How will you know if you found the perfect match for you?

Here are some tips that can help you in your search for the ideal person who can help you succeed.

Find someone you admire and respect.

How can you learn from someone who does not inspire you? Whatever field of work you are in, it is a good idea to choose a mentor who has earned your admiration and respect. Pause and take a long look at your mentor’s list of achievements. Are you impressed? Do you want to accomplish the same things in the future? Find someone who has a good track record and credibility. How about your mentor’s reputation and personality? Does your mentor have a positive energy?

Find someone who is genuinely concerned about your goals and achievements too

Don’t fall for “mentors” who offer classes but are really just looking for ways to promote themselves. It is important to find a mentor who wants to see you succeed and achieve your financial goals. This means finding someone who is willing to listen to you and someone who is willing to guide you. Choose someone who is willing to set aside time to meet and talk with you on a regular basis. You need to find someone who is willing to have a long-term relationship with you and will help you achieve your long-term goals.

Be specific about what you need

What are your investment goals? Analyze your current situation and where you are in your investment journey. What are your own weak areas? Where do you need help? Before seeking out a mentor who can help you out, figure out your own needs first.

Also, keep in mind that the mentor you had when you were just starting out may no longer be in the position to help you out now. Always review your relationship with your mentor to make sure that you are still learning something

Know your mentor’s strengths and weaknesses

No mentor is perfect. It’s very unlikely that you will find a mentor that meets 100% of your needs. The important thing is to find someone who compliments your learning style and gives you the information and guidance that you need during specific points in your life.

Aside from skills and knowledge in property investment, it is important to find someone who shows empathy, honesty and strong communication skills. One important thing is to find a mentor who can make you feel more self-confident about your decisions. A few supportive words from the right mentor can have a huge impact on how you think and how you decide.

Find someone with knowledge and experience

Don’t compromise on this. Make sure that your mentor is in the position to teach you. You wouldn’t want to learn from someone who does not know what he or she is talking about, right?

Do your research and make sure that you know your mentor’s background. What makes him or her qualified to teach and guide you?

If you are looking for a property investment mentor, choose someone who is actively investing using the strategies that he or she is teaching. Take a look at your mentor’s properties and find out how he was able to achieve his or her goals. You will learn a lot from observing your mentor in action.

Don’t hesitate to pay the right people

Sometimes, a mentor-mentee relationship just grows organically, but other times, you need to really go out and find someone who can help you out.

People tend to be a bit more hesitant when money is involved, but you might discover that spending money for your own learning is a pretty good investment. Don’t hesitate to pay the right people who will give you time, effort and attention. If you learn what you need to learn, you will get our money’s worth.

Of course, if you are willing to pay your own money, you need to be very meticulous with choosing the right mentor for you. But don’t worry, if you make the right choice, you will see your investments and portfolio grow in ways you’ve never imagined.

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