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Offering my time to work for Real Estate Investor in exchange for Education

Mohamed Elhadari

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Sep 26, 2015
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Hello there,

My name is Mohamed Elhadari, I am a real Estate Investor investing in Ontario.

I am looking for a Mentor to work for, I am offering to give my time about 4 hours a day.

Please let me know i would like to meet you and talk to you.

cheers
Mohamed Elhadari
 
Dear Mohammed,

Please ensure you protect yourself. There is no reason you need to work for free to learn real estate.

Having done this myself a few years ago I will personally state that a lot of the stage presence "investors" are information marketers and not bona-fide professional real estate investors.

My honest recommendation to learn the essential skills would be to work as a part-time leasing agent from one of the top-rated property management companies. Not a small 100 -500 door outfit either. One of the bigger professionals with a good reputation for high-quality buildings. Once you have the asset, it is all about management.

Just my two cents. Good luck!
 
My opinion is you may not get quality mentoring this way. A successful investor want an assistant who is focused on helping with her businesses rather than utilizing the position to get an education.
Properly training assistants or in-house property management staff takes a lot of time and effort, and ideally we want someone who will stick around for a while. An assistant who stays for 6 months and then quits because he has learned enough to start his business is not at all helpful for most of us.
Therefore, I think if you want proper coaching or mentoring, you must consider paying for it from a professional investor who is in the position to offer such a service.
 
In my opinion, a "successful investor" should also have the vision to include someone with a passion for the business and not use someone's excitement to extort a free internship.

This is a business and there is a lot to learn. Coaching or not there are no shortcuts.

Your experience begins when you buy your first property, not when you write a coach a cheque. Education is largely free.
 
In my opinion, a "successful investor" should also have the vision to include someone with a passion for the business and not use someone's excitement to extort a free internship.

I'm not sure I understand your post. It sounds like you think investors are somehow cheating "interns."

From the employer's prospective, interns are not free. Rather they COST a lot of money. It takes twice as long for me to do anything while I'm training someone to do it, and expensive mistakes are often made regardless of how comprehensive training has been. (We have all made expensive mistakes in our own investment careers, so I'm sure everyone knows what I mean.)
Then, when the intern is finally at the point where he is truly contributing to the business, he realizes he knows enough to venture out on his own and the employer is left to train another staff member.
This is time-consuming, tiresome, and costly.

Twice I tried hiring people interested in real estate, thinking the person would evolve from an assistant to a business manager. In both cases, they left as soon as they felt able to take on the world of investing.
My next assistant will be an empty-nester stay-at-home parent or a retiree who wants to be useful and make some extra money. Either way, it will be someone with no investing aspirations of her own.
 
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You don't have to find a mentor to work for/with. Read some books, save for a down payment, and do it yourself like most of us have done. Of course it depends on what you are planning to do/invest in. Can you be more specific?
 
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