Hello all:I am very new at REI. I have read several books and listened to a few courses. They all seen to fall a bit short. I have read this forum as well as others and the one thing I found in common this the talk about finding a mentor. I resently found a mentorship offered from Defiore Enterprises which they call “Partnering For Your Success” Coaching Program. This program is on “Lease Purchasing As A Home Based Business”.The cost of this is $2000 for one year of mentoring. They ask for $400 up front and the rest over the course of the year At 10% of each sale you do. If you do not make enough sales with-in the year they do not get there full cost of the program, so they say.
I was wandering if any one has heard of or has used this company.
5640 North Marty Avenue, #182
Fresno, CA 93711
I checked with the BBB, they stated that the bureau had requesteed basic info. about the company. And the
company has declined to provide this info…
Makes you wonder.
Any imput will be very helpful.
if you have to spend money on a mentor in investing that should tell you whether it is a good idea or not.
When it comes to coaching and mentoring you will find a multitude of programs with all different options but do consider a few factors.
True coaching and mentoring is better served in your area - learn about your market area and than interview the potential coach or mentor about your market area to truly provide you proper coaching and or mentoring one needs to know your local market.
Sometimes you will find a coach or mentor at your local REI club or even doing volunteer work with one or two of the top realtors in your area that are active investors themselves.
True mentoring is taking you by the hand and walking you through all the steps.
I had the privilege to work with a vary large real estate guru many years ago and he took me on a tour of his coaching facility on the west coast and what I saw was a sea of vary young people with headsets on taking incoming calls, typing questions into the computer and using flip charts to provide answers to investors and the odds are not one of these coaches has ever done a real estate transaction and the cost at the time was just under 2k a year.
This is not a knock on any gurus system, but you need to try and find a coach that can teach you from experience as it will help you avoid a few pot holes along the road of real estate investing.
Many put a price as the deciding factor of an education and this is an error because the cost of ignorance is much greater.
The BBB sends businesses those forms to fill out and complete for a fee not for free. As prior members of the BBB we were not impressed with their service and declined inclusion. Which, btw, many businesses do.
So, being a number of the BBB is not an indication of a business being bad!
BBB??? Okay … if the business wants to be held hostage.
Words such as “declined” “no data available” no response" and so forth relative to companies not wishing to pony up fee to join. Makes one wonder.