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Rehabbing & House Flipping
Account Closed
  • New to Real Estate
  • Carrollton, TX
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RE Team formation advice

Account Closed
  • New to Real Estate
  • Carrollton, TX
Posted Aug 20 2022, 21:57

My wife and I will be getting a sum of money in the timeframe of April 2023 or so from an inheritance. We are wanting to start with a couple of flips then move to rentals to hold and generate cashflow. My question is in regards to timeframe - When should I start building my team up (lender, agent, contractors,...) Should I be looking and shopping around now to have them in place for when we are ready to actively invest?

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Jeff Copeland
  • Real Estate Agent
  • Tampa Bay/St Petersburg, FL
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Jeff Copeland
  • Real Estate Agent
  • Tampa Bay/St Petersburg, FL
Replied Aug 21 2022, 13:48

You might consider finding some local investor meet ups. It's a low key, no pressure way to meet the type of people you're seeking. 

You have plenty of time, so there's no real urgency. But I would start by finding an investor-friendly buyer's agent, and they'll likely already have lenders and contractors in place to refer you to. 

  • Broker FL (#BK3326487)

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