HELP!!!Real Estate Office Formation Advice

[Naa Ama Mills]

[b]Long story short.....well kinda: My partner and I have opened an office doing Taxes, Notary, Credit Restoration, and dabbling in Real Estate Investing. We have been in business for 2 years, and own an office in Brooklyn NY.

He is the visionary and extreme risk taker with a hard working, honest, mentality, who can sell anything, and will knock on anyones door. He speaks 4 languages no formal education but highly intelligent and DRIVEN.. Im the in office operational one who puts together the administration aspect of the team and runs the office. I have a Business degree, 8 years of military experience, worked incorporate, I can take any concept and LOVE making it happen.

[b]Office Goal: To build a self sustaining RE business combining investments Sales, and management.

We have wideled down a great team of inspired multicultural people to hit every market possible, they are exceptionally smart, and savy, They are open and ready to make money, learn, and invest NOW.

[/b]The problem: Being able to give the team what is needed to suceed, its locked in our heads. They need to be trained from the bottom up. We need to get everyone on the road ASAP to make money.

This Friday is my major training day all day, I have put together independant contract agreements, confidentiality agreements, etc for employees. A list of each of the services we offer, and some great training tools to include You tube training videos.

Any and all suggestions or advise will be greatly appreciated and is needed.

[Karen Margrave]

Naa Ama Mills Have you ever heard the saying "jack of all trades and master of none"? You need to be the master of one! I think what you need to do is find out THE area you want to specialize in, and learn to do it better than anyone else. Trying to meet the needs of every culture, type property, be a notary, credit repair company, property management, taxes, etc. is too much, and doomed to fail.

WHAT IS YOUR BUSINESS? Is it being a real estate brokerage office? A property management company? A credit repair company? A tax company or what? It gets me dizzy just reading about it!

It seems to me you are out way out ahead of yourself. STOP! Start at step one and begin building a foundation that will support the business you want to have. What you are doing is throwing up a bunch of pretty walls without any foundation and it will cave in!

Your partner sounds like the definition of someone that has manic tendencies, which if harnessed and controlled can be a good attribute, but if not, is very destructive in business.

I'm not trying to rain on your parade, just cautioning you to plan it!