Not necessarily - Some are fulfilled by giving back to community. I am currently reading Hazlett's "Capitalism With Morality" because I would prefer to assist as many in my community as wish it on how to practice commerce/exchange in win-win scenarios, rather than zero sum. I meet with Non-Profit Leaders in my community and I am not alone in this way of thinking.
There is also a large contingent who make a profit by coaching, so there is a sizable pool of those types of people/firms, as well. As long as I know from the outset what the motive is from the potential coach/firm, I can weigh what I am told to decide if it has value or not. Example: Free class? Usually has something hidden. Class on xyz for $399? Material more likely to be upfront, and of course a possible "up-sell" to more classes.
A sad fact (to me) is so many people do not _do_ what they learn about, that I do not worry very much that I may lose a prospective deal to a fellow student/coach. In fact, I would benefit from more people practicing investments like this in an ethical way, improving my community, as well as possibly conditioning people to expect proper deal making practices in my area.
Also, as I just alluded to, real estate is a very _local_ endeavor, so a mentor/coach may be from a different area and may have little interest in opportunities in the area you look in - Which may or may not be the area you reside in.
Two of the coaches I have hired in the past come from The Rich Dad contingent. Kiyosaki has garnered much attention, negative and positive, so if you pursue them, do so with your eyes open. I think he is sometimes a jerk in some of his presentations, but most of the time he is conveying basic knowledge, and I have found much of this knowledge from other sources, outside of his organization. It is one of my tenants that if I get the same information from multiple distinct sources, there is a higher probability it is an underlying truism or is at its base likely sound (or at least based on sound information). But do keep in mind they run a for profit company, and one of their items for sale is more classes/coaching.
I live in California, so another source I have looked at for like minded people (and their source of coaching/information) is the California Apartment Association, as well as North Coast Rental Housing Association. There are very likely similar agencies in your area/country to find other people who share your interests.
I periodically stay in touch with some of the people I have shared online classes with, so those communities can be built and be a source of information, as well.
I have heard it repeated that there is a large amount of money chasing business deals right now, one way of being involved (and earning some of it) is learning how to put those deals together.
But I have only gotten out of it what I put into it...
There is also a large contingent who make a profit by coaching, so there is a sizable pool of those types of people/firms, as well. As long as I know from the outset what the motive is from the potential coach/firm, I can weigh what I am told to decide if it has value or not. Example: Free class? Usually has something hidden. Class on xyz for $399? Material more likely to be upfront, and of course a possible "up-sell" to more classes.
A sad fact (to me) is so many people do not _do_ what they learn about, that I do not worry very much that I may lose a prospective deal to a fellow student/coach. In fact, I would benefit from more people practicing investments like this in an ethical way, improving my community, as well as possibly conditioning people to expect proper deal making practices in my area.
Also, as I just alluded to, real estate is a very _local_ endeavor, so a mentor/coach may be from a different area and may have little interest in opportunities in the area you look in - Which may or may not be the area you reside in.
Two of the coaches I have hired in the past come from The Rich Dad contingent. Kiyosaki has garnered much attention, negative and positive, so if you pursue them, do so with your eyes open. I think he is sometimes a jerk in some of his presentations, but most of the time he is conveying basic knowledge, and I have found much of this knowledge from other sources, outside of his organization. It is one of my tenants that if I get the same information from multiple distinct sources, there is a higher probability it is an underlying truism or is at its base likely sound (or at least based on sound information). But do keep in mind they run a for profit company, and one of their items for sale is more classes/coaching.
I live in California, so another source I have looked at for like minded people (and their source of coaching/information) is the California Apartment Association, as well as North Coast Rental Housing Association. There are very likely similar agencies in your area/country to find other people who share your interests.
I periodically stay in touch with some of the people I have shared online classes with, so those communities can be built and be a source of information, as well.
I have heard it repeated that there is a large amount of money chasing business deals right now, one way of being involved (and earning some of it) is learning how to put those deals together.
But I have only gotten out of it what I put into it...