When getting started, other than a contractor & RE agent, who’s the next most important team member needing to be added?
I have a couple really good deals in my hands, but looking for the right execution strategy.
Even before those - a good spouse.
You need an attorney or title company for closings, insurance company if your flipping, account to help you stay on top of taxes and financials.
I agree with @Greg Dickerson - an escrow officer at a title company will most likely be the next best member of your team.
What kind of investing are you doing?
I’m doing single family flips in Metairie, Louisiana.
I have my eyes on a few amazing deals, but not a solid and complete team.
Just contractors and real estate agents so far.
Im going to be my own property manager, and this will be my first flip ever done.
I’m currently doing the renovations on my fathers house, and he has another property owned free and clear, (900 sqft, 2 bed 1 bath) but in my honest opinion it’s a tear down, but I’d like to get some advice on that route as well.
Thank you so much Greg!
How would you suggest to go about finding the right attorney and escrow agent?
If you need help with any flooring, give me a call. I own a flooring company and always try to help the BP network
Ask some other investors or realtors in your area who they recommend. You can also google search real estate attorneys and title companies.
Sounds like a plan John!
I actually need a flooring guy 💯