Thousands Of $$ To Have Steve Maletos Mentor You?
I recently purchased Steve Maletos book: "Fast Cash In Real Estate Foreclosures". The book is very good. I was contacted by his company offering to personally mentor me for a few thousand dollars.
It sounds like it could be worth while.
Does anyone have experience with this or heard from others that did sign up and pay the money to be mentored?
Thanks,
DrZ
mentoring is for pussies , put the money in your first investment....
Anyone else...
Instead of paying thousands to some "guru", invest in a few books and courses. You should be able to do that for a few hundred $ at most... Read the heck out of all you can get your hands (or keyboard) on. Then try a small deal. That's a better way to spend your resources... You'll get a better education. If you pay some doink thousands to walk you through some mentor stuff, the education you'll get is not to do it again...
-Jeff
Use that money for your investments. Also, use this website as your mentor and you will go a long way.
Focue on building your "team" and you won't need a mentor. First and Foremost, get a good competent attorney who understands real estate investing in your State. They are worth their weight in gold. Also find a good accountant to guide you in structuring deals. Add a title company possibly a notary, and a realtor or two to make referrals to (and get them from) and you're set. I know people who have gone throught he mentoring and they are great for people on the fence. They kick you in the butt and get you going to your first few deals. However, even a mentor will not necessarilly know ALL of the state specific laws. Here in PA, we have some REALLY wacky ones too, so a mentor from Indiana will do no good.
If you're motivated, buy books, courses and tapes, they are worth it but you STILL need your attorney to finalize your contract and establish your risk tolerance.
Good luck to you!