Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago,

User Stats

12
Posts
6
Votes
Josh Scroggins
  • New to Real Estate
  • Springfield, OR
6
Votes |
12
Posts

Help building a team

Josh Scroggins
  • New to Real Estate
  • Springfield, OR
Posted

I'm looking to invest out of state, but will be waiting 3-6 months to build up a little more cash reserves.  Right now, I'm looking at Columbus, Milwaukee, and Boston...but am heavily leaning towards Milwaukee because of two things...first, there are tons of duplexes there and the cashflow is great (even after figuring a higher than normal maintaince)...like $300-$350 per unit.

The other main reason I'm leaning towards Milwaukee is that I already have two great guys there to build a team with.  One is a lender and the other is a real estate agent.  Both are investors themselves and have lived there all their lives.  They have both been incredible so far and I like the idea of working with them.

My question on here is, what roles are the most important to your team and what order is it best to aquire those people?  I'm planning to interview property managers in Milwaukee this week to get a better idea of vacancy rates, maintenance costs, etc.  I'm hoping that those managers will either have their own contractors or be able to refer one.  What else do I need?

Also, when do I need a CPA and do I need to get one there or can I use one where I live?

Loading replies...