Joe Homs 949-625-4533Real Estate Broker, Pellego · Real Estate Broker at Pellego

Find A Real Estate Mentor | 3 Simple Steps

25 Sept 2022 · 3 min

Watch on YouTube

2:49

In this instructional YouTube video, seasoned real‑estate professional Joe Homs (over 40 years of experience) explains how aspiring flippers can locate a mentor by following three concrete steps. First, he stresses the importance of self‑education—learning to calculate after‑repair values (ARV), estimate rehab costs, and understand selling expenses—so you become self‑reliant. Second, he urges daily hustle: relentless outreach via email, text, calls, and meeting the mentor on‑site to view properties. Third, he advises providing value to the mentor, such as buying them coffee, sharing potential deals, and employing bird‑dogging or wholesaling tactics to control deals without capital. Homs also promotes his own mentorship services, directing viewers to a calendar link in the description and to a related flipping video for cost‑saving tips. The video includes a standard call‑to‑action to like, subscribe, and share.

Chapters

In today's video, I'm going to show you how to find a real estate mentor in 3 simple steps. Coming up next. Flipping can get tough and it can be difficult to get that momentum that you need to keep going. Having someone there or on call can be the difference in you giving up or pushing through and succeeding. Really quick, before we dive in, make sure you like, subscribe and share this video with all your friends, anyone that wants to live the life they've always wanted through real estate. I'm Joe Homs and I have over 40 years of experience. Now let's get to it. How do I know? I've been a mentor for over 40 years and I always look for these 3 things. Follow these and you'll be sure to find someone to show you exactly how to be successful. Number 1, the most important thing is to get educated. You need to learn how to do everything for yourself. You need to be self-reliant. You need to know how to do after-repair values. You need to know how much it costs to rehab a property. You need to know how much it costs to sell a property. All this information is easily attainable with a mentor, but you have to learn how to do it. Number 2, hustle. I mean every day. I mean doing something all the time. I mean reaching out, emailing, texting, calling, talking to your mentor on a regular basis. Meet with your mentor. Go out and see properties with your mentor. All this needs to be done. Number 3, it always helps if you provide some value. At the end of the day, I like lunch or a cup of coffee at Starbucks. That's the cost that you have when you meet with me. But bring a little value to the, to the table. And even if you have to share a deal, let's say you find one and you want to share that with your mentor. That's great. That's a great way to learn the process. Start learning about bird dogging and wholesaling. Get a good grasp on how you can use these strategies to control deals without having to actually come up with the money and close on any houses. Look for the real house flippers in your area And reach out. Or better yet, reach out to me. Set up a time to talk. You can find my calendar in the description box below. In the meantime, check out this flipping video right here. I'll show you some great ways you can save money on your next flip. See you on the next one.