{"id":89783,"date":"2019-05-05T05:00:02","date_gmt":"2019-05-05T11:00:02","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=89783"},"modified":"2021-03-16T12:28:12","modified_gmt":"2021-03-16T18:28:12","slug":"buy-and-hold-dream-team","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/buy-and-hold-dream-team","title":{"rendered":"How to Build Your Buy and Hold Dream Team"},"content":{"rendered":"<p>Buy and hold real estate is a\u00a0long game\u2014not that there is anything wrong with a\u00a0short game strategy like wholesaling or mid-range strategies like fix and flips. These methods have their place in this business, but the strategy that requires long-term planning and builds long-term wealth is buy and hold real estate. To truly play the long game with buy and holds, you need to have a really strong team around you\u2014a dream team.<\/p>\n<p><em><strong>Related:<\/strong> <a href=\"\/renewsblog\/boost-team-strength\" target=\"_blank\">7 Small Things You Can Do to Boost Team Strength<\/a><\/em><\/p>\n<h2>How to Build Your Buy and Hold Dream Team<\/h2>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/SC5LJkrcw1s?ecver=1\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>The dream team consists of your money team, acquisitions, and management. Each has their purpose, but I will say that your money team is the first step and the one that I believe people overlook too often. Many investors jump into acquisitions too soon, trying to build their network and pipeline of deals before they are truly qualified to purchase those deals. It&#8217;s hard to get your real estate agents\u00a0and wholesalers to take you seriously if you can&#8217;t close the deal\u2014and close quickly with little or no contingencies.<\/p>\n<p><em><strong>Related:<\/strong> <a href=\"\/renewsblog\/20-team-members-newbies\/\" target=\"_blank\">20 Must-Have Team Members for Real Estate Investing Newbies<\/a><\/em><\/p>\n<p>In today&#8217;s video, I talk about the components of your dream team, how to build them, and how they relate to each other. Be sure to watch the video for the full conversation\u00a0on the topic, and then leave a comment below so we can discuss.<\/p>\n<p><a href=\"https:\/\/www.biggerpockets.com\/webinars\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-91217\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2017\/08\/blog_ads-01.jpg\" alt=\"\" width=\"700\" height=\"85\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2017\/08\/blog_ads-01.jpg 700w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2017\/08\/blog_ads-01-300x36.jpg 300w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/a><\/p>\n<p><em>Who is on your\u00a0dream team? What player do you have that is invaluable? Which member of your team brought things to a new level? <\/em><\/p>\n<p><strong>I can&#8217;t wait to hear from you! Be sure to watch the video!<\/strong><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Buy and hold real estate is a\u00a0long game\u2014one that requires long-term planning and builds long-term wealth. To truly play the long game with buy and hold real estate, you need to have a really strong team around you\u2014a dream team, if you will. Here&#8217;s how to assemble yours. <\/p>\n","protected":false},"author":1673,"featured_media":107640,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4241],"tags":[],"class_list":["post-89783","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-business-management"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/89783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/1673"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=89783"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/89783\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/107640"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=89783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=89783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=89783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}