All the different people that make a good RE investing Team?

[Simon Huber]

Hey!

I am currently reading “The Book on Rental Property Investing” and I came to the section where Brandon explains all the different people I need for my real estate investing team. 

My question is, if I require all these people like CPA, Accountant, etc. right from the start, because if I have to pay all these different people, this is a lot of money I need to spend. What are the most important, which make the non-negotiables and should be on the team right from the start and which can I add later?

Thanks for your guy's answers!

Regards

Simon HUBER

[Nathan Gesner]

Quote from @Simon Huber:

You don't need all those people, just like you don't need an LLC, business cards, a website, etc. Many tools mentioned are for people with more rentals and more experience.

You need a REALTOR to help you understand the market, find properties, write contracts, negotiate, and stay out of trouble.

You need a lender.

You may need a Property Manager to help you manage the property, but that depends on your time available, willingness to learn, ability to deal with people, and other factors.

You will eventually need a handyman, plumber, electrician, and other professionals, but you can definitely wait until they are needed.