![]() ![]() Chat at least monthly-or weekly if you’re ambitious. Find a person or real estate mastermind group to support you (and vice versa) and help you stay accountable to your real estate goals and strategy. ![]() You should have a peer-someone also looking to invest in real estate-to serve as an accountability partner. They’ll also be invaluable come come tax time. You’ll need an accountant-preferably with real estate know-how-to help you better analyze deals. If you don’t know where you stand financially, it’s hard to figure out what you need to do to make money. Here is your list of possible team members, from A-Z. With that being said, this list is a catch-all, so depending on what type of investing you’re doing (flipping, wholesaling, buy and hold), make sure you’re hiring relevant team members. It won’t matter if you’re working with the smartest people in your city-if you’re not focused and clear on your plan and strategy, then no genius can help. You don’t want to get stuck with someone who’s incompetent-costing you time and money.īefore you start hiring team members, determine your niche, market, and strategy. Ask for recommendations from friends and fellow investors, but don’t always take their word for it. Conduct interviews with potential team members, gather references, and interview their previous employers and clients. When it comes to building a real estate team, you must perform thorough due diligence. Related: The Ultimate Guide to Adding Systems & Outsourcing to Work Less in Real Estate Putting together the dream team Yes, your team will evolve as your business evolves-but still, you want to start off on the right foot with the right people. Building a great team can seem daunting, but it’s incredibly important at any stage of the game-especially early on. The best real estate teams win the most-and the best leaders surround themselves with smart, diverse, and driven people. ![]() A successful investment business is a team effort. ![]()
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