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How can I go about finding a business partner/mentor?

I've recently developed a strong interest in real estate, specifically wholesaling. At 16, I'm eager to get started but lack knowledge about the process and legalities, let alone anything to do with a PSA. I'd like help getting better with real estate and understanding not only the smaller things but the bigger things too.

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Fazal’s Answer

Finding a colleague or coach requires an essential methodology. This is the way you can go about it:

1. Characterize What You Want

Colleague: Search for correlative abilities, shared vision, and monetary arrangement.

Tutor: Look for somebody encountered in your industry who can give direction and systems administration open doors.

2. Influence Your Organization

School and Graduated class Organizations: Since you're in a business organization program, tap into teachers, cohorts, and graduated class.

Proficient Occasions and Gatherings: Go to industry-explicit occasions, workshops, and systems administration meetups.

Virtual Entertainment and Online Stages: Use LinkedIn, Twitter, and business discussions to associate with experts.

3. Join Business People group

Hatcheries and Gas pedals: Many projects associate business people with guides and financial backers.

Neighborhood Offices of Trade: These gatherings frequently have organizing open doors.

Online People group: Join stages like SCORE, Pioneers Organization, or Independent Programmers.

4. Use Business Stages

LinkedIn: Effectively take part in industry conversations and contact expected guides.

Prime supporter Stages: Sites like CoFoundersLab and StartHawk can assist with finding colleagues.

Private backers and Startup Organizations: These frequently have mentorship parts.

5. Look for Suggestions and References

Ask teachers, business experts, or individual business people in the event that they can acquaint you with a tutor or possible accomplice.

6. Be Proactive and Assemble Connections

Offer some incentive to possible accomplices or tutors prior to requesting help.

Go to nearby meetups, online classes, and brains bunches routinely.

Circle back to contacts and sustain connections over the long run.

Could you like assistance creating a presentation message or LinkedIn outreach layout?
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Dr’s Answer

Hey Dakota! First off, major props for diving into the real estate world at 16—you're basically a future mogul in the making! 💼🏠

To find a business partner/mentor, here's a fun tip: Start networking like you’re the coolest person at a real estate party. Attend local real estate meetups, join Facebook groups, and don’t forget LinkedIn—where real estate pros hang out, share knowledge, and possibly find their next partner in crime (minus the actual crime, of course!).

Another great idea: Reach out to local real estate agents or investors and be open about your interest. Tell them, “Hey, I’m 16, but I’m serious about learning. Could I shadow you or pick your brain over coffee (or virtually)?” You’d be surprised how many professionals love sharing their wisdom with motivated young people. And PSA? Well, that’s your "Purchase and Sale Agreement"—which, luckily, your future mentor can help you master!

And lastly, don’t be afraid to make mistakes and ask questions—real estate is a game of learning, one property at a time. In the meantime, brush up on some real estate books or podcasts so you can drop some knowledge at your next networking event! 📚🎧

Good luck, future real estate mogul—you’ve got this! 🏡✨

On and just as Christal Smith mentioned
Before reaching out to a mentor prepare like a real estate ninja.
Here is something i can help tell you on!

1. Do Your Homework: You don’t want to show up with no clue about what’s going on! Learn the basics of wholesaling, read a few articles, watch some YouTube videos, or even listen to a podcast. You can’t walk into the room looking like a blank slate—show them you’re a sponge ready to soak up knowledge, not a deer caught in headlights. 🦌📚


2. Have Clear Questions: You want to sound like a curious student, not someone who wandered into the real estate world like “Hey, what’s a PSA again?” Prepare a list of questions you can ask, like “What’s the best way to find my first property?” or “How do I make sure I’m not legally signing away my soul?” You’ll look super organized, and they’ll be impressed. 📝


3. Set Goals: Think about what you want to get out of the mentorship. Do you want to learn how to close deals? How to negotiate like a boss? Know your goals before you dive in so the mentor can help you reach the top of that property ladder faster. 🏡🚀


4. Show Some Hustle: Demonstrate you’ve already started doing something! You could tell them you’ve researched properties in your area or found a few deals you’re interested in. Mentors love it when they see you’re putting in the work before you even meet them. It’s like saying, “I’m already in the game, I just need a little help leveling up.” 🎮💼


5. Be Humble (but Confident!): Remember, it’s okay not to know everything. You’re reaching out for guidance, so be open to learning—but also show that you're serious about making things happen. It’s like telling them, “I’m ready to learn, but also...I’ll be the one making these big deals in a few years, just wait!” 😉



So, prep up like a pro, and go find that mentor who’s going to help you conquer the world of real estate, one property at a time! 🏠💡
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Christal’s Answer

That’s amazing that you’re interested in real estate at just 16! Wholesaling is a great way to get started because it doesn’t require a lot of money upfront, but it does take knowledge, networking, and persistence.

Before reaching out to a mentor, make sure you have a solid understanding of real estate wholesaling. This will show potential mentors and partners that you’re serious. Start with:
• YouTube – Search for “real estate wholesaling for beginners.”
• Podcasts – Listen to The Wholesaling Inc. Podcast or BiggerPockets Real Estate Podcast.
• Books – The Real Estate Wholesaling Bible by Than Merrill is a great starting point.

You might not find a mentor overnight, but here’s how to increase your chances:
• Offer value – Instead of just asking for help, see what you can do for them. Can you help research leads, find motivated sellers, or do small tasks?
• Reach out on social media – Find local investors on Instagram, LinkedIn, or YouTube
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Job’s Answer

That is a great question. As a retired real estate investor, developer, builder I think you're best opportunity would be to find a position with a knowledgeable investor developer to be an assistant to.
You really need to learn how to financially assess deals. There is no simple class for that. I have an MBA in finance and a law degree in real estate and permitting. The highest profit margin in real estate is buying vacant land and rezoning it for a higher and better use. It will take years for you to learn the skills you need to be a successful real estate investor, developer. You may find something at community college. I would tell you to try and find an investor developer where you live and get a job as an assisted or intern.
You need to build quite a few skills before an investor developer is going to make you a partner on real estate deals. I would take some accounting classes and look for real estate valuation classes as well as construction cost classes. I would learn how to use Excel the program to make proformas to understand the financial reality and contingencies involved in real estate transactions.
What you are proposing is not easy. There are people that have gone to college and gotten MBA's to get a position like what you were looking for. I would prepare for a number of years of education prior to your desired outcome taking place. You will also need to have the capability to finance real estate deals. In order to do so you will need some form of income to pay for the loan as well as the history of successful activities of the real estate Field. Financing is crucial to real estate and the better credit you have the lower interest rate you pay.
I wish you the best of luck
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Job’s Answer

That is a great question. As a retired real estate investor, developer, builder I think you're best opportunity would be to find a position with a knowledgeable investor developer to be an assistant to.
You really need to learn how to financially assess deals. There is no simple class for that. I have an MBA in finance and a lot agree in real estate and permitting. The highest profit margin in real estate is buying vacant land and rezoning it for a higher and better use. It will take years for you to learn the skills you need to be a successful real estate investor, developer. You may find something at community college. I would tell you to try and find an investor developer where you live and get a job as an assisted or intern.
You need to build quite a few skills before an investor developer is going to make you a partner on real estate deals. I would take some accounting classes and look for real estate valuation classes as well as construction cost classes. I would learn how to use Excel the program to make proformas to understand the financial reality and contingencies involved in real estate transactions.
What you are proposing is not easy. There are people that have gone to college and gotten MBA's to get a position like what you were looking for. I would prepare for a number of years of education prior to your desired outcome taking place. You will also need to have the capability to finance real estate deals. In order to do so you will need some form of income to pay for the loan as well as the history of successful activities of the real estate Field. Financing is crucial to real estate and the better credit you have the lower interest rate you pay.
I wish you the best of luck
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