Honolulu Mentor - Creating Savvy Real Estate Investors!

Frequently Asked Questions

Lately, I hear and read alot of negative stories about Real Estate - is this a bad time to invest?
To the contrary, NOW IS THE BEST TIME TO INVEST! The negativity you are hearing in the media reflects a consumer's standpoint. It is also a difficult time to be a realtor. But the opposite is true of Real Estate INVESTORS - we make more money in down markets, than in any other time. There are more motivated sellers, more foreclosures, more short sales, and simply more opportunity for those of us who know how to take down these types of deals. It's important not to get caught up in the negativity - steer clear of the 'Red light thinkers' around you.
Michael, can I meet with you in person, to learn more & to see if mentoring is right for me?
Absolutely - I will be happy to meet with you to answer your questions in person. (As long as you don't mind coming out to Hawaii Kai. ;-)) I typically meet with prospective students on weekday evenings.
Do I need to have a Real Estate Agent's license?
No - it is not necessary to have an agent's license to be an investor. As investors, we frequently work with agents, but arguably, there are no major benefits for us to obtain a license. And there are clearly some disadvantages to having one. We are now seeing real estate agents get 'squeezed' as the housing market continues to change, and there are fewer transactions, and unfortunately, as I have predicted, many of them will continue to leave the profession to find work elsewhere. Conversely, a well-trained RE Investor can make money in any type of real estate market. Not surprisingly, I am seeing more and more RE agents come through my Mentor Program to learn "the way of the investor."
Where do we train?
Throughout Oahu! We will spend a lot of time learning strategies & techniques. We primarily do this in our conference rooms, though we may also meet in cafes, restaurants and libraries. We will travel to various neighborhoods to look at properties, we will meet with people & interview them to be on our investing team; if I have a vacant property, you may even get to tour one of my ongoing rehab projects in progress, etc. Your classroom is Oahu's wonderful real estate market!
At what level is the training?
That depends largely upon the student's experience level. The level of training is tailored to the student's needs. If you are already an experienced investor, our focus will be on sharpening your game, lowering your risk, and making more money on a deal-by-deal basis. If you are a beginner, we are going to hit the fundamentals hard and then go into specific strategies that will earn you a lot of money in this business. I have trained rank beginners who have never owned a property, and I have trained multi-millionaires with properties throughout the country.
How many students are trained at once?
No more than 4 students. I intentionally keep the sessions small to insure a higher absorption rate of the strategies and material. Most Mentor sessions have 3 or 4 students.
Aren't good deals difficult to find on Oahu?
I'm still amazed to hear other investors tell me that! My response is, not if you know what to look for and where to find them. This is where education can make a huge difference. Last January, I did 4 deals in one week. As I write this, 3 of my recent students took down deals this week, and 2 of those are six-figure deals. Remember, while the information I share with you is not widely known, it is not rocket science - this is completely teachable. If I can do this, and my graduate-students can do this, I can show you how to do it, too!
What if I don't have much money to invest?
I will show you how to obtain Other People's Money (OPM) to invest in your deals. We may also focus your efforts initially on strategies that involve little or no cash. After doing several deals this way, you will have plenty of cash to invest, and your options will expand, so you will now have a selection of strategies you can apply on a deal-by-deal basis.
What if my credit scores are low?
I will show you how to begin improving your scores right away; I will also have you focus on alternative ways of financing your deals.
What if I cannot take time off from work - can we train on weekends?
Absolutely - we do occasional weekend classes, so feel free to request weekend training. If weekend dates are not posted to the right, call or email us to discuss possible dates.
Will you do a deal with me?
Once you are a graduate of my Mentor program, then yes, some of my graduates like to do deals together with me. If I have a deal available to assign, my graduates get preference to receive these deals.
After the mentorship, can I call you if I get stuck?
Absolutely - the price of your mentorship includes 30 additional days of coaching, as needed, by email & telephone. You will have my personal cell phone number. It is unlikely that you will get stuck, but if you do, I am a phone call away.
What if I want help beyond 30 days?
We have an extended coaching program for graduates of the mentor course. There is limited enrollment, and there may be a waiting list. Investors are coached by me personally, 1-on-1, so I can only accept a limited number of investors into this program.
Will we actually do a deal during the 4-day mentorship?
It has happened - If a deal presents itself, and you are at a level where you understand what you are doing, then yes, the decision will be yours. As your mentor, it is more important to me that you understand how to find deals, how to analyze them, and how to actually take down the deal with confidence. I look to the great proverb, "Give a man a fish, and he eats for a day. Teach a man to fish, and he eats for a lifetime."
Can I pay by Credit Card?
Yes, you can pay through PayPal, which allows you to use a credit card.
Will I need a computer?
It will certainly help your business operation to have regular access to a computer. During the mentorship, we will be doing research, accessing the MLS, pulling tax records, running software to evaluate your financials, and to analyze your potential deals. You will certainly want to have a computer for this. I make extra effort to ensure my students have a decisive competitive advantage over other investors - If you are not using a computer in your investing business, you are surely losing some of that advantage.
What type of results do your students typically get?
An overwhelming majority of my students have done deals since being mentored. It is not uncommon for students do 2-3 deals in 2-3 months after their mentorship. As I write this, my students from 2 weeks ago already have 3 deals in escrow. While this may not qualify as 'typical, 'it's important to note that they had only a minimal level of training and had not yet done their first deal prior to being mentored. There are 2 main ingredients at work here. First is the financial intelligence they have gained during their mentorship. Tried & true strategies, forged with 'hands-on' training. Second, and equally as important, is their eagerness and ability to create massive action! They are on trajectory to earn a respectable six-figure income this year, all from their part-time, new profession - Real Estate Investing!
Can you tell if I will be in that "majority?"
Usually, yes I can. In fact, on the final day of mentorship, as we are writing up your personalized game-plan, I reveal to you the secret; What I look for that tells me if you're going to be successful at this or not. It's a fairly accurate indicator, and I look forward to sharing it with you.
What can you tell me about Nouveau Riche University?
You may have heard of them because they recruit so aggressively, using Real Estate Investing as their hook. Very simply - this group does NOT pass the "sniff test." They have major credibility issues, and professional investors do not take them seriously. Here's why: First, the people approaching you about attending a Nouveau Riche event (now they call them "investor forums") are not successful Real Estate investors, as you have been led to believe; they get paid 50% of your tuition money if they convince you to sign up for their training. Their operations are very similar to Multi-Level Marketers, with pep-rallies, Cashflow games, polished speakers, self-proclaimed "mentors" who are little more than 'uplines' with little or no accomplishments in real estate, and where the working-class attendees are whipped into feeding frenzies - to recruit more enrollees. Their marketing is aggressive, and usually deceptive. They will place ads that say: "Real Estate Investor seeks Apprentice." You find out later that s/he is not really an investor, just another person trying to enroll you in their classes, which are expensive, and held on the mainland. Lately, they will not even reveal that they are Nouveau Riche - Instead, they invite you to an "investor forum." Remember this: Savvy investors advertise for deals & properties - Nouveau Riche folks advertise for people (trainees). That should tell you a lot - They're looking for people, instead of deals. With the generous split of your tuition money, they become so frenzied with signing people up for the training, that they lose sight of the main idea - investing in real estate. I've been told the mainland training is not bad, just expensive. When we looked into this, we discovered their trainers are largely unknown, and not paid well, compared to others in the industry, which makes us wonder about the caliber of people they can attract to teach their classes. Look closely, you'll see that those who rise to the top at Nouveau Riche are those who enroll the most people, not the ones who are doing deals. I have met many people involved with Nouveau Riche - and with only 1 or 2 exceptions, they make little or no money from real estate investing. The ones making money do so by convincing you to enroll in the training. Like most MLMs, they are well trained in what to say, but when you ask them how many deals they've done lately, it quickly gets quiet. You've heard the saying: They can 'talk the talk,' but they can't 'walk the walk," well this describes our Nouveau Riche friends rather well. Don't walk away - run! If you become known as a Nouveau Riche person, REAL investors are likely to steer clear of you, and not take you seriously.
Will your strategies work anywhere?
Absolutely! I will be teaching you a system. Once you learn this, you can take your show 'on the road,' and do this anywhere. My graduates are now investing all over the country, and even internationally. You will learn how to understand and evaluate a housing market in any part of the country (even overseas!) You will learn how to apply the correct strategy in a given market. You will learn how to make money in any type of Real Estate market, and more importantly, I will show you how to select the most profitable markets to invest in.
Michael, we live out-of-state. Can we come to Hawaii to be mentored?
Absolutely. Combine it with a vacation and get the tax write-off! Call me to discuss. I am currently invested in 2 of America's best markets on the mainland. The strategies I teach you will work anywhere, and are completely applicable to your local market.
Can we watch you in action?
Yes - in many cases, I am in the process of doing deals myself. (Remember that while I have a passion for mentoring, I AM A REAL ESTATE INVESTOR FIRST! That is how I make my living - I am out there doing this stuff!) You will have the opportunity to see what I am doing and you will understand the "why's" behind my actions, and the numbers behind each deal. I 'practice what I preach.' When you see my deals in progress, you will understand that the strategies you are learning really work, and that you can make excellent money by simply doing what I am teaching you. It's a lot of fun, and very exciting!!
Is there anything else to buy?
No. Many of the national-level courses cost thousands of dollars, and once it's too late, you learn that it's only an introductory course, and then you are expected to buy more courses that provide the details. With HonoluluMentor, you get the good stuff up front - save your money for your next deal! The price of your mentorship includes the 4-day intensive mentorship, 30 days of unlimited email & telephone coaching, a complete course manual, software to analyze your deals, software to spec a rehab job, attorney-drafted contracts, forms to run your business, an extensive reference library, a sample business plan, a sample proposal for private money lenders, and more.
Aren't there risks involved in Real Estate Investing?
There are risks involved in any business, including ours. I have never lost money in a deal, and I will teach you some great ways to identify & then to mitigate the risks involved in your deals. You will learn to operate within your own tolerance for risk, and to build safety into ALL of your real estate investments.
How much time will we be spending together?
Typically, we are together for 8-9 hours per day. We often jam, nonstop, and have working lunches. As a student, your day continues on for another 2-3 hours after we part company, because you have research and other things to get done to be prepared for the next day. So, your mentor experience will usually entail 10-11 hour days.
How many students have you mentored?
I have mentored over 300 students throughout the United States.
How can I best prepare for my upcoming mentorship?
Once we have received your deposit, we will confirm and lock in your mentorship dates. I will then send you a welcome packet, that will provide more information, along with a few things you need to accomplish beforehand, and we'll get the learning process started, so that you can get the most out of your mentorship.
What is the cost of the Mentorship Program?
Tuition is only $2997 per student for the weekday sessions, and only $3400 per student for weekend sessions. For more information, see our "Pricing" page.
Why do you Mentor?
Mentoring allows me to combine 2 things I have a lot of passion for - Real Estate Investing, and teaching others. Real Estate Investing has changed my life, and if you use the strategies that I teach you, you can change your life forever, and impact the lives of others too. That's very powerful, and I consider myself fortunate to be able to share what I know and help other people change their lives.
Michael, how is your training different than Rich Dad's (Robert Kiyosaki's), Trump University's, Robert Allen's, Russ Whitney's, and other similar training programs?
See my answer to this question on the "Mentor Program" page.
I'm ready to Do It! What is my next step?
Call or email me - You will send us a deposit ($500) to secure your seat in the next session. You can now pay your deposits and tuition balance by PayPal. You do not need a PayPal account - just email me, and I will send you an electronic invoice with a clickable link, and you can use a credit card or a direct debit if you'd like - it's easy and fast! If you choose to pay by check, it can be mailed to the address at the bottom of this page. Make your check payable to "Turtle Bay Land Company, Inc." Include your contact information. Once we receive this, we will immediately contact you to schedule you for one of our upcoming sessions that fits your schedule. Feel free to call me if you have any questions about this.
What if I still have more questions??
No worries, mate! Just call me, or shoot me an email. I'll be happy to answer your questions about the Mentor program. My contact info is at the bottom of this page.

Michael L. Mazzella, PHP
Real Estate Investor, Mentor

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HonoluluMentor.com
6800 Kalanianaole Hwy, Suite #102
Honolulu, HI 96825
Phone: 808-284-1780
Email: Michael@HonoluluMentor.com

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