Investing mentor with conflict of interest.

A succesful property investor runs a business selling properties to investors. They find properties through networks and also a website linking motivated sellers to investors (investor pays a fee). Same succesful investor runs a mentoring program including 1:1 and group mentoring. Fully checks out as having had good results for mentees.

So what if you've paid for this mentoring program and see value in it but then your mentor sends you a link to a dud property that's come up for sale through their property site? Asks you if you're interested Crap location, tiny town no where near even a bigger town.. No growth potential. Not even a good yield. To add to insult it needs outside paintwork and more...

What do you reckon? Is this mentor likely to be testing your knowledge, trying double whammy of charging for mentoring and selling on a dud for own interests or genuinely just trying to link a seller with someone who may want to buy (regardless of mentoring relationship)? My concern is that mentee can turn the property down. If they're paying for mentoring though they're by definition in a learning relationship with mentor. Is part of the learning being helped to buy a millstone you'd struggle to sell on once learning of your mistake?

Would your trust in this mentor be broken?

 

Trying to make extra cash and holds mentees in little regard?

 

Personally, I would run a mile.

Nobody has my best interests at heart the way I do. Mentor or anyone else.

 

Mentors don't charge. You have a buyers agent.

 

Yes it would. Simple.

 

Call their bluff by stealth..... reply by listing all the reasons it doesn't stack up as a good investment & thank them for the opportunity to hone your skills & reinforcing the value of DD.

 

If you see value in the mentoring program then take the value that is working for you.

Say no to anything else - leave it for the people who do see value in the properties.

 

Well put au contraire!
Paying someone so they can sell to you!