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    Real Estate Professionals You Need on Your Team

    Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

    Real Estate Agents

    Match with investor-friendly agents who can help you find, analyze, and close your next deal
    Interested in becoming a featured agent? Apply Now

    Lenders

    Get the best funding…find lenders who specialize in your investing strategy
    Interested in becoming a featured lender? Apply Now

    Property Managers

    Transition to passive investing. Find a trusted property management partnership that lasts.
    Interested in becoming a featured property manager? Apply Now

    Tax Professionals & Accountants

    Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and analyze finances.
    Interested in becoming a featured tax pro? Apply Now

    Financial Planners

    Plan for today, tomorrow, and your legacy with financial guidance to manage and grow wealth.

    Contractors

    Decrease holding costs with solid contractors, handymen, landscapers, and specialists

    Professional Services

    Prime your property for optimal return using staging, cleaning, and photographers

    Legal Team

    Get help with real estate contracts, advice, litigation, and more

    Wholesalers

    Explore an alternative avenue to finding distressed properties through wholesalers

    Insurance

    Cover your assets and protect yourself from risk using insurance agents who cover your investment strategy

    Who to Include on Your Real Estate Investing Team and Why?

    You may be wondering why you need a real estate team when you already know what it takes to be a real estate investor.

    There are many moving parts in real estate deals, and having the right professionals by your side ensures you complete every task necessary to dominate the real estate industry, buying investment properties that fit your portfolio’s needs. Deciding who belongs on your real estate team is a big decision you shouldn’t take lightly.

    To choose the right team, you must interview, background check, and ask other investors about the professionals they used. But that takes a lot of work and time away from finding the perfect investment property.

    Fortunately, we’ve created a real estate professional finder that connects you with reputable professionals who can help you achieve your real estate dreams.

    But who belongs on your team? Who should you call a team member? We’ve created this list for all types of investors in any niche, market, or with any strategy to ensure you’ve covered all your bases.

    If you don’t know where you stand financially, figuring out how to make money is hard. You’ll need an accountant—preferably with real estate know-how—to help you better analyze deals. They’ll also be invaluable at tax time.

    You should have a peer—someone also interested in investing in real estate—to be your accountability partner. 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. Chat at least monthly—or weekly if you’re ambitious. Don’t know where to look? Check out the BiggerPockets Forums.

    An administrative assistant answers calls and emails and delegates them to the proper party. If your assistant is in-house, they may also be responsible for updating property management software to keep the data fresh on all your properties.

    Depending on the size of your operation, handling your legal matters can be an in-house or outside role. You need good legal counsel to ensure your legal documents are properly prepared, eviction processes are followed legally, and potential lawsuits are deflected before they become issues.

    A well-versed bookkeeper experienced in your type of real estate investing is valuable in many ways. They will keep detailed records of your finances and organize your books.

    Before listing your rental after rehab or selling a property, hire cleaning help (unless you want to scrub your property from top to bottom). Find a company you trust that you can give repeat business to as you grow your real estate investment portfolio.

    When you find a property, you want to decrease holding costs as much as possible. Having reputable contractors on your team ensures you get to work rehabbing the property immediately, making it suitable for renting quickly. Consider finding a general contractor, specialists, landscapers, and handymen to join your real estate team.

    Hire a professional in electrical work (unless you are an electrician yourself). Incorrect wiring is a safety hazard that can become a potential legal hazard. Pay the pros to have the job done right.

    All real estate investors need financial resources or professionals to help them stay on track. Your financial resources may include a CPA, accountant, tax professional, or financial advisor. Build a great team that handles all aspects of your financial life to create the dream team.

    Don’t take on general contractor duties yourself. Hire someone experienced in rehabbing properties who can run the ship seamlessly, helping you stay on budget and within the projected timeline. Think of your GC as your partner in achieving your rental property dreams when you purchase new properties and rehab rental properties on your own.

    Have a handyman on speed dial who knows your properties well, and you’ll save money on expensive companies your property manager hires every time your tenants have an issue.

    Securing financing for rental properties isn’t always easy. A hard money lender may help you get the necessary financing by focusing on the real estate value to determine your loan amount. Sometimes hard money lenders make sense, and other times, traditional financing is the better option. Decide which option works best for you.

    Inspectors help you understand everything wrong with a property before buying it. Look for inspectors licensed in the state you’re doing business in or for members of the American Society of Home Inspectors, who must have completed 250 home inspections—amongst other credentials—for membership. Licensed inspectors usually aren’t the cheapest, but this is not the area to cut corners.

    Real estate investing has risks, so you must protect yourself properly. Home insurance is only the tip of the iceberg. You may also consider business liability insurance or other coverage options. Having a reputable insurance agent who understands your business model ensures you will have the best coverage for property insurance and any other policies you need.

    You might think all insurance agents or brokers are the same, but they are not. Some insure investment properties, and some don’t. Some insure properties you are going to flip, and some won’t. You want to find a local, hands-on agent to help you with your insurance needs.

    Leasing agents post rental listings, handle showings, and underwrite tenant applicants. They can also supervise move-ins and exits and handle lease renewals and contracts.

    A legal team is necessary to handle your real estate transactions and any deals you have with more than one partner. A real estate and business attorney is necessary to protect your investments.

    If you’re financing properties, you need a reputable lender or mortgage broker to help you. Finding a lender specializing in investment properties can help you access financing that will work for you instead of wasting time.

    Marketing is the lifeline of your real estate investment business. You’ll need a solid marketing coordinator who can implement a strategic plan to help you find tenants, more properties, and even buyers.

    A mentor keeps you going even when the going gets tough. Find someone (local if possible) who is where you want to be in five years—someone you admire. Be willing to listen, learn, and help them achieve their goals faster as well. This relationship shouldn’t be a one-way street.

    You don’t need to see pests to have a pest control company on your real estate team. You might need a company to handle mice, roaches, bed bugs, and more. Have a pest control company on your team that handles most pests and will provide referrals for those they don’t.

    Plumbers are a specialized trade; having one on your team is essential. Knowing you have a good plumber who can handle the toughest issues is important. Even more important is one with whom you have a good working relationship that won’t charge you extensive fees in emergencies.

    A private money lender is a noninstitutional (nonbank) individual or company that loans money, generally secured by a note and deed of trust, to fund a real estate transaction. Private money lenders are generally considered more relationship-based than hard money lenders. A private money lender can provide you with earnest money to secure a deal.

    Your real estate team should include people with special skills, like photographers, stagers, and cleaners, who provide quality work that can optimize your return. Look for companies specializing in move-ins, move-outs, and rental properties.

    Investing remotely or in multiple properties means you’ll need a good property manager to handle the property’s daily tasks. Finding a property manager you can trust is important, since they have day-to-day contact with your tenants and can make or break your investment.

    Investor-friendly real estate agents specializing in your niche can help you get earlier property access and are experts in your local market. For example, if your niche is multiunit properties in rental markets, your real estate agent can alert you when a property goes up for sale or help you find off-market deals, allowing you to get in before your competition. Real estate agents also handle much of the work, like negotiations and contracts. They can also introduce you to other trusted, local real estate professionals that could become valuable players on your real estate team.

    Real estate investing is a business. You’ll incur taxes, but also be eligible for many tax breaks. Not knowing which expenses you can write off could be detrimental to your business. An investor-friendly tax professional working alongside you can help you maximize your real estate business while ensuring you stay compliant.

    The title company ensures the sale of a property is legitimate and provides title insurance for buyers and sellers. Build a relationship with a title company by using them for multiple properties to ensure your deals take priority, even during busy times.

    Wholesalers provide another avenue for finding properties and having quick closings. If you don’t have the time to invest in finding properties yourself, wholesalers can do the legwork for you, transferring the contract at the perfect time to help you create new business.

    Wrapping It Up—How to Put Together Your Real Estate Investing Team

    Building a quality team takes time and effort. You must do thorough due diligence, make phone calls, and review contracts to get the right people on your team.

    This can all seem overwhelming, but with BiggerPockets Team Builder, you can quickly learn how to assemble a successful team for your real estate investing business to make your real estate investing dreams come true.