Finding the right out of state teams

[Lars Hartvig Kristiansen]

I have recently bought my first two properties in MI and have been fortunate enough to have found a team that, while largely separate individuals they all know each other and work together. As an example, my agent and PM are in the same team. My agent has a strong network who made the introductions to a full team across lending, LLC set-up, insurance, home inspections very easy and they have all largely been very responsive. Still early days, as I just closed on the two properties and about to get them ready for tenants.

What are some experiences you have all had with this and how have you gone about finding a full team when investing out of state. I am not done in the MI area I am investing in now but, over time, I would want to repeat a similar set up in other areas to diversity geographically too. Would love your advice. 

Lars

[Kerlous Tadres]

Hey @Lars Hartvig Kristiansen, in my experience, your best team comes from one rock-solid connection, not trying to build everything at once. Just pay attention to how people communicate early, pick those who actually get investor math, and keep building relationships instead of just collecting contacts.