The Ideal Real Estate Investing Team

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There are several important things you need to do to be successful in real estate, one of which is building the ideal team to help you find and manage your investments. I’m going to talk briefly about who should be on any winning real estate investing team:

1. Your Mentor – Every successful entrepreneur needs a good mentor. A guide. By training under the watchful eye of one smarter then us, we can only get smarter. Start at your local investment club or on BiggerPockets and look for an active investor in your area who focuses on the strategy that you’re interested in.

2. Realtor – someone keeping an eye out for you

3. Mortgage Broker – You want someone who has the experience of working with other investors. They need to be creative and smart!

4. Real Estate Attorney – It is really important to have someone on the team who can go through contracts, and who knows the legalities of all your moves.

5. Escrow Officer or Title Rep – having a good one on the team helps to close deals that much quicker. You always want people looking out for YOUR interests.

6. Accountant – Preferably a CPA (Certified Public Accountant). Your numbers guy should also be well aware of the ins and outs of real estate and different entities. Come tax time, your accountant will also help you through the write-offs!

7. Insurance Agent – It is always better having an insurance rep that is looking out for you when things hit the fan or simply to make sure your interests are being looked after as you build your portfolio.

8. Contractor – The good contractor seems like the hardest one to find, but can often make or break your profit margin. You want someone who gets things done on time and under budget! Ask for references and when you get someone good, treat them like gold.

9. Supportive Family & Friends – Having the support and backing of loved ones is important in any endeavor.

How to Invest in Real Estate While Working a Full-Time Job

Many investors think that they need to quit their job to get started in real estate. Not true! Many investors successfully build large portfolios over the years while enjoying the stability of their full-time job. If that’s something you are interested in, then this investor’s story of how he built a real estate business while keeping his 9-5 might be helpful.

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Other Optional Real Estate Team Members:

10. Property Manager – Someone to watch over your investments, to find tenants, and to keep those you’ve already got in place is extremely helpful.  I strongly encourage new landlords to hire a professional property manager, but if you want to try going at it alone, make sure to account for the cost of the manager even if you don’t start with one.  You never know when you will grow tired of self-management and if you don’t work the numbers to include the 8%-12% of a PM, your good deal can quickly turn south.
11. Great Handyman – Someone to take care of the little things that come up on a daily basis.

Assembling the team will not happen overnight, but once together, they will give you the backing and help you’ll need to make your real estate investing dreams come true.  If there are any other team members you use, please tell us about them!

About Author

Joshua Dorkin

Joshua Dorkin is a serial entrepreneur, investor, podcaster, publisher, educator, and co-author of How to Invest in Real Estate. He started BiggerPockets to help democratize the real estate investing landscape for himself and others, aiming to make it accessible for everyone, regardless of income or education. Today, BiggerPockets is the premier real estate investing website online with over one million members and reaching over 70 million people with the message of financial freedom through real estate investing. Joshua, along with his wife and three daughters, make their home in Denver, Colorado, and spend any time they can traveling, exploring, and adventuring. Read more about Joshua’s story in 5280 and


  1. Add in your Money Man (or Women) and the team is even stronger at getting you to the goal line. I like a Money Man who I can call with the details on the pre foreclosure I’m ready to purchase and he is ready to close within 48 hours.

  2. Make sure you have known what tool you will use to manage your property. Even if you hire a property manager do not assume you should use their property management tool, make sure you have complete access to your property information. We like,

  3. Good list, and nice to see you have mentor at the top of the list. I come across too many people that are too proud to think they need a mentor, and this is a huge mistake in my opinion. Excellent list though and I’m glad I stumbled upon your blog.

  4. I just began assmenbling my team and they consist of 1) Short sale experience Realtor, 2) Mortgage broker with conventional underwriting experience, 3) Title rep., 4) former code enforement officer, 5) former building and safty staff member, 6) Hudge Fund person, 7) Bird dog organization, 8) Certified REO inspector, 9) Experiece sales agent.

  5. Great post! As a beginner is there a good starting line-up or should this be the team to have to make that first deal? I suppose this would be a question for a mentor though.

  6. I would move PROPERTY MANAGER up to the TOP of the list rather than lower down as is shown….property managers KNOW the rental market, what residents want to RENT and WHERE they want to rent it…remember * location, location, location * a good property manager can advise you WHERE to start your search and if you want to expand your RE portfolio, a good PM can advise you on diversification.

  7. John Paul Manego on

    Should we even number these? I feel most, if not all, are equally important in the success of being in real estate. Correct me if I’m wrong and there’s one more important than the other, thanks!

  8. As a real estate attorney and an investor, I talk to a lot of new investors — often after they have taken the plunge and find themselves up to their necks in legal, er, waste. Or worse, after they’ve hired the wrong attorney who just charged a lot of money but didn’t fix anything. Establishing a productive attorney-client relationship early in the process not only can help save you from making serious mistakes, but could turn out to be one of the highest returns on your money, and may actually help you identify other members of your team that the attorney knows from experience can provide you with good advice. Important: let your attorney know what your investment objectives are so the legal advice can be tailored to helping you achieve your goals!

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