All Forum Posts by: Simon Huber
Simon Huber has started 16 posts and replied 28 times.
Post: All the different people that make a good RE investing Team?
- Posts 30
- Votes 6
Ok, thanks!
Post: All the different people that make a good RE investing Team?
- Posts 30
- Votes 6
Quote from @Nathan Gesner:
Quote from @Simon Huber:
You don't need all those people, just like you don't need an LLC, business cards, a website, etc. Many tools mentioned are for people with more rentals and more experience.
You need a REALTOR to help you understand the market, find properties, write contracts, negotiate, and stay out of trouble.
You need a lender.
You may need a Property Manager to help you manage the property, but that depends on your time available, willingness to learn, ability to deal with people, and other factors.
You will eventually need a handyman, plumber, electrician, and other professionals, but you can definitely wait until they are needed.
Can I find a realtor here on bigger pockets? And what should I offer them, so they work with me? Is there like sort of a pattern or so? Thanks!
Post: All the different people that make a good RE investing Team?
- Posts 30
- Votes 6
Get rolling … I hope so, yes. First I need a bit of money I guess.
Post: All the different people that make a good RE investing Team?
- Posts 30
- Votes 6
Amazing, thank you so much!
Post: All the different people that make a good RE investing Team?
- Posts 30
- Votes 6
Hey!
I am currently reading “The Book on Rental Property Investing” and I came to the section where Brandon explains all the different people I need for my real estate investing team.
My question is, if I require all these people like CPA, Accountant, etc. right from the start, because if I have to pay all these different people, this is a lot of money I need to spend. What are the most important, which make the non-negotiables and should be on the team right from the start and which can I add later?
Thanks for your guy's answers!
Regards
Simon HUBER
Got it, so all in all....forget this thought of mine! Thanks for the answer, appreciate it!
Ok, got it. Thanks for the info!
Hey guys!
I wondered yesterday, while reading "The Book on Rental Property Investing", if there is a risk with the loan I take. As there is the rental property as a security for the bank, can't they just take the house in case I can't pay off the loan any more, leaving me with no risk at all, only losing the money I put down?
Please tell me if I think wrongly here!
Thanks!