North Hills, CA · Member since 2018 · 23 posts · 1 vote
Hello, I'm fairly new to real estate investing and the guide mentioned to have a team. Is it better to look for a team before making a inquiry on the property,or after.
Specialist · Riverside, CA · Member since 2015 · 6k+ posts · 3k+ votes
8y
For the most part a team is just an agent and a property manager if you buy turn key, maybe throw in a contractor if you are doing rehabs, but in general yes you should know who all these people are before you sign on the dotted line if you need them.
For the most part a team is just an agent and a property manager if you buy turn key, maybe throw in a contractor if you are doing rehabs, but in general yes you should know who all these people are before you sign on the dotted line if you need them.
Rental Property Investor · Honolulu, HAWAII (HI) · Member since 2011 · 4k+ posts · 2k+ votes
8y
Miguel Moran remember they are not your team. They are vendors. A broker will always try to get you to buy. A lender will always try to get you to borrow.
Fill a vendor list from actual investors. And to do that don’t ask. See how you can add value to them first.
Specialist · Riverside, CA · Member since 2015 · 6k+ posts · 3k+ votes
8y
For flipping a contractor is probably the most important, but it is hard to evaluate a contractor without a project for them to bid on, so a realtor is probably going to be your first call.