You need others to be successful

Image courtesy of podpad from freedigitalphotos.net

Image courtesy of podpad from freedigitalphotos.net

Be sure to carefully build your real estate investment team.  You will need to work with others to be successful.  Find professional, capable people in the following categories:  Real Estate Attorney, Title company, Real Estate Broker, Mortgage Broker, Hard Money Lender, Private Lenders, Clean out crew, Demolition crew, Insurance agent, Property Management, Plumber, Electrician, and Construction companies.

Generally speaking the old adage, “You get what you pay for” can apply.  Be very careful in selecting your team by make sure they are professional and capable.  One good way would be to ask successful real estate investors who they use.  In many cases your team can make or break your deal.  Choose carefully…