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Updated 10 months ago on . Most recent reply
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New Investor - Building My Team
Hey BP, newer member here!
I'm currently an investment agent and in a position financially where I'm ready to start with my first investment property. My hope is to begin building my portfolio (probably fix/flips) this year while I continue to work with local investors on helping them build theirs. I know that when it comes to starting your investment journey, you're only as good as the team and people you surround yourself with!
Please comment/connect with me if you are a:
- Property Manager
- Hard Money Lender
- Contractor
- Tax Professional/Accountant
- Insurance Agent
- Real Estate Attorney
- Financial Advisor
- Meetup Organizer
- Wholesaler
- Other Investor
I live in Scottsdale so hope to connect with people local to the Phoenix area, but always open to connect with other people in the state or even nationally! At the end of the day hoping to start building my team while continuing to network and make great connections along the way.
Thanks for the read and hope to connect with you all!
Most Popular Reply
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Hey Tanner, the first step when building your team is to contact two people: a realtor and a lender. For your realtor, you want someone active in your market who deals primarily with investors. The realtor should be able to provide you with good referrals for property managers and contractors in your area. For your lender, you want to find someone who fits your investing strategy well and work with them to narrow down your buy box so that you can get a deal that is pretty simple to finance (this will reduce A LOT of headaches later on). I also usually refer borrowers to my preferred insurance agent and any realtors I have worked with in their market. BiggerPockets has a "Build your team" tab where you can find a lot of these investor-friendly team members.