
Want to Invest In The Real Estate Industry? Here’s How a Mentor Can Work Wonders For You

If you’ve been following the news or reading finance journals, you would know how rapidly the real estate sector is growing. Today, it’s one of the safest and most lucrative sectors in the world. Not only is it providing good returns, but it’s also updating customers about the emerging trends. Seeing such benefits, anybody would want to be a part of this industry. Some of you would’ve even given it a try. But were you successful?

Binyamin Mellish/Pexels | Generally, first-time investors struggle to find the right deal in real estate. This is why consulting an expert is recommended
Generally, first-timers struggle to find the right deal in real estate. At times, they act impulsively and face huge losses later on. That’s why when Hernando Fernandez was asked for some investing tips; he suggested people find a skilled mentor.
How can a mentor benefit you?
Hernando Fernandez, a real estate investment expert, says people should consult a specialist during their initial investing days. He believes doing that would save them from unwanted losses and shorten the time required for understanding the industry.
Fernandez explains that the right mentor can enhance people’s skills, and give a more profound knowledge of which property is beneficial in the long run and which isn’t. Moreover, he or she can help them locate financing and maintain their cash flow. The expert can also lessen the risk by guiding people and stopping them from making silly mistakes.

Felicity Tai/Pexels | A real estate experts can help you locate financing and maintain their cash flow, as well as lessen the risk by guiding you appropriately
Now, before you jump into hiring a mentor, know that professional real estate mentorship doesn’t come cheap. As per Hernandez, it can cost you up to hundreds of thousands of dollars. But if gone right, it could give you double or triple the return. So you see, it’s kind of a 50-50 situation!
How to find a mentor?
When we say mentor, it doesn’t mean it has to be someone outside your close circle. You can find a mentor in your friend or colleague, or relatives, or anybody you’ve known for a long time. You can even take help from real estate agents who usually charge a certain percentage from the sales they broker for you. No matter whom you choose, know that experienced real estate professionals don’t always have free time in hand.
At times you may come across someone who’s great at investing but isn’t willing to help you. It could be because they don’t have enough time, or they don’t want to be a part of your investment journey, or simply that they don’t see any benefit in mentoring someone else.

Yan Krukov/Pexels | You can even look for a mentor on formal mentorship programs sponsored by real estate investor associations, or Google, LinkedIn, etc.
If yours is the first or second case, there’s not much you can do to convince the said person. However, if it’s the third one, you can offer them some monetary benefits or a share of the profits; anything you seem comfortable with.
That being said, you can even look for a mentor on formal mentorship programs sponsored by real estate investor associations, or Google for the ones available near you, or search for people on LinkedIn and Bigger Pockets.
Bottom Line!
Though it’s good to have an experienced person guiding you, you mustn’t be completely dependent on his or her knowledge. You should try to learn more through platforms like YouTube etc, and also make the most of the materials sent by your mentor.
More in Business
-
`
Heading Back to Work? Beware of Workplace Monitoring Systems
For many employees, returning to the office doesn’t just mean resuming in-person work. It also brings an unsettling reality—increased workplace surveillance....
March 11, 2025 -
`
Chinese Tech Stocks Hit Multi-Year Highs as AI and Earnings Drive Growth
Chinese tech stocks have been on an impressive winning streak, marking their longest rally in nearly five years. A combination of...
March 8, 2025 -
`
A Glimpse Into Mongolian Culture at the New Winter Festival
Mongolia’s harsh winter might not seem like an ideal time for a festival, but a new event celebrating nomadic culture has...
March 3, 2025 -
`
8 Unforgettable Music Festivals You Can’t Miss in 2025
Music festivals are not just about the beats or the headliners. They’re about connecting with people, experiencing different cultures, and making...
March 2, 2025 -
`
AI Tech Stock Boom in China – A Lasting Phenomenon or Short-Lived?
Last month, Chinese AI firm DeepSeek shocked the world of technology by releasing an AI model that was on par with...
February 26, 2025 -
`
Shein & Temu Hit by Trump’s Tariffs – Are Cheap Prices Over?
Shein and Temu have shaken up the fast-fashion industry by offering ultra-cheap clothing directly to consumers, bypassing traditional retail channels. But...
February 22, 2025 -
`
Why Malta Is the Perfect Place for a Family Vacation
Malta, a picturesque island in the Mediterranean, has long been a favorite destination for travelers seeking sun-soaked beaches, historical landmarks, and...
February 18, 2025 -
`
Bill Gates Says Divorce from Melinda Was His ‘Biggest Mistake’
Bill Gates has openly acknowledged that his divorce from Melinda French Gates remains the most significant regret of his life. In...
February 11, 2025 -
`
Why Post Malone’s Oreo Drop Is a Game-Changer for Celebrity Brands
Post Malone’s collaboration with Oreo is not just another celebrity-endorsed snack. This limited-edition launch, set for nationwide release on February 3,...
February 4, 2025
You must be logged in to post a comment Login