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Updated almost 10 years ago on . Most recent reply

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Josiah Mosley
  • Bank Teller/Personal Finance Educator
  • Columbus, OH
4
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How to start REI team

Josiah Mosley
  • Bank Teller/Personal Finance Educator
  • Columbus, OH
Posted
I am currently living in OKC but moving to Kansas City in a month. I am wanting to purchase a multi family property, and I am new to REI. How should I go about assembling a team to purchase a property right now?

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Tyler Flagg
  • Investor
  • Pensacola, FL
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Tyler Flagg
  • Investor
  • Pensacola, FL
Replied

Hey @Josiah Mosley best of luck on your move. 

Building a team is kind of a fluid process from my experience. Start off by researching who the best investor friendly real estate agents are and reach out to them. Find someone you're compatible with. If you don't plan on going the traditional MLS route, figure out who the best and most active wholesalers in KC are.

From there, I'd start talking with lenders in KC who are able to do the type of mortgage you are looking for. Everything else in terms of insurance agents, lawyers, property managers, etc kind of falls into place after that. 

Brandon Turner just did a great #askbp podcast all about this topic. It was Episode 25 if you want to have a listen.

Best of luck brother!

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