What is the best way to make a superstar team for BRRR
11 Replies
Kayden Mann
posted about 2 months ago
Hi everyone, I’m 24 and I love the idea of getting into real estate. I want to purchase property to rehab. I’m looking in areas branching out from Raleigh NC. I would love to network with other investors and learn more about the process.
Jack Yen
Rental Property Investor from Cary, NC
replied about 2 months ago
Hi Kayden, Raleigh is a great market. I think you should talk to @Tiffany Alexy . She's very knowledgeable and also an investor herself. She has done some BRRRR herself, too and I think would be able to help you out.
Joshua Howes
from Holly Springs, North Carolina
replied about 2 months ago
Hey Kayden,
Let's connect! I'm not sure what price range or level of rehab you're interested in, but I'm up to my neck in projects in several of the towns that satellite Raleigh. Let's set up time for a call or something and I'll do what I can to help.
Frankie Paterno
from Staten Island, New York
replied about 2 months ago
@Joshua Howes Wish i can come across someone like you in Ny !!
Joshua Howes
from Holly Springs, North Carolina
replied about 2 months ago
@Frankie Paterno haha to be fair it doesn't take many projects to be overwhelmed.
Frankie Paterno
from Staten Island, New York
replied about 2 months ago
@Joshua Howes I mean someone to just help out and give advice lol but i def agree and can see that it does get overwhelming
Michael McKenzie
Lender from Cary, NC
replied about 1 month ago
@Kayden Mann hey man I’m a mortgage bank with New American Funding, it would be an honor to work on your team to help you get that cash out. I’m an investor myself.
Michael Noto
Real Estate Agent from Southington, CT
replied about 1 month ago
@Kayden Mann Find someone here on the forums who does BRRRR deals in the market you are pursuing.
From there pick their brain a little bit, you would be surprised how much people are willing to share. Heck, that’s why they are on this forum in the first place, right?
Jon Kelly
Investor from Bethlehem, Pennsylvania
replied about 1 month ago
@Kayden Mann Taking action is a great way to build credibility and organically build your team. For most investors it starts with finding an agent. Your agent will help you define your criteria and show you deals. After you start making offers you can network with contractors and/or property management companies.
I wouldn't worry too much about building a team until you are very close to closing on your first property.
Kayden Mann
replied about 1 month ago
@Michael Noto will do! Usually people dont want to share information or help. Something to get used to.
Kayden Mann
replied about 1 month ago
@Jon Kelly Thanks! Analysis paralysis right? So you suggest hopping into what I think is a good deal then moving on from there? I just feel that once an offer is accepted, that clock is ticking and ticking fast.
Jon Kelly
Investor from Bethlehem, Pennsylvania
replied about 1 month ago
@Kayden Mann Sometimes it's hard to know what you need until you have an actual opportunity in front of you. Most time the added time pressure helps!
I would focus on finding a property and in the background network with property managers, contractors, lenders. Again, if you find the right agent they will have recommendations for you. Don't let a "lack of superstar team" slow you down