How to build your first team: management, broker, attorney, etc..

Question

Hello, I'm curious as to how everyone built out their team. I'm looking for a broker, attorney, and management company. I've been putting away capitol for quite some time and now ready to jump in the game. I'd like to find my team who's hungry, knowledgeable but not at the top of the price structure, folks who are willing to grow with me. How are you narrowing down your search? Any suggestions on where to start?

Brenden Mitchum · Answer

Hey @Brandon Baker! Great to hear you're taking the leap!

I have looked into this exact topic quite a bit since I am also getting started. I have found that the rockstars that you are referred to by other investors do tend to be incredibly busy so are not necessarily that interested in giving a new investor their time. However, I have also gotten many rockstar references that do give me their time. So my advice to you would be to just network like crazy. Ask all the investors you know in your area who they use. Then if you get a rockstar broker (for example) you can ask them who they recommend. Chances are they will know some rockstars themselves. And don't just look for one of each. Get multiple referrals and thoroughly interview each to pick the best. I made the mistake of just going with the first agent that got recommended to me and stopped looking. Then about a month later I realized that was not working out and had to go back to the drawing board so best to get as many potentials as you can, then narrow down to one.

Brandon Baker · Answer

Thanks @Brenden Mitchum!