Hey Everyone, Newb here with my first post. Looking at taking another step forward and would love to hear opinions and advice on assembling my "team." I live in an area where the numbers don't work very well for small single to multi family properties (1-4 units) though this is where I want to start. Looking at primarily buy and hold. Wondering what members of the team are essential to be local to the area? Obviously an agent, property manager, contractor, and handyman though am curious if others have found it advantageous to have a local attorney or others? What a journey this can be! Thanks everyone.
Real Estate Broker · Boone, NC · Member since 2024 · 82 posts · 55 votes
1y
A real estate attorney doesn’t have to be local, but your agent likely knows a good one familiar with local laws. A tax expert who understands real estate investing is also worth adding, even if they’re not local.
Real Estate Agent · Member since 2022 · 1k+ posts · 1k+ votes
1y
Welcome to the community Ben! i'd recommend start looking for an investor-friendly agent to get started. They usually have a solid list of contacts already (PMs, contractors, lenders, all the good stuff) and can help you piece together your team way quicker. Makes it a lot easier, especially when you're just getting going. Best of luck on your journey and I'm excited to see you grow!