Starting out and looking to build my team of 4

Starting out and looking to build my team of 4

Member since 2024 · 20 posts · 9 votes

Hey all! 

So, as mentioned in other threads, my wife and I are nomadic. Our current jobs allow us to travel the US and go wherever we please. We’ve been all over and in each area we start to figure out the areas and learn where job growth is and where people are flocking to. 

As we are looking for properties, I know we need to develop the “team” to help manage the property(s) as we continue our travels and our fulltime job obligations. 

We have some connections back home (Wisconsin) so definitely looking into this market as it’s an up and coming area and we have the people to tap into. 

But checking other markets, TN, NC etc… we don’t have the connections. 

The question is, how do people find these connections if it’s an area outside of their original home base? Is there a place to go look for this? Is it coming here to ask? Thanks! 

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Samuel DioufBusiness Member
Real Estate Agent · Columbus & Cleveland, OH · Member since 2023 · 1k+ posts · 1k+ votes
2y

If you work with a good investor focused agent they should provide you with a solid book of contacts to help build your team.

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  • Samuel DioufBusiness Member
    Real Estate Agent · Columbus & Cleveland, OH · Member since 2023 · 1k+ posts · 1k+ votes
    2y

    If you work with a good investor focused agent they should provide you with a solid book of contacts to help build your team.

  • Ko KashiwagiPro Member
    Lender · Los Angeles, CA · Member since 2022 · 967 posts · 445 votes
    2y

    Hi David,

    If you are ever physically visiting these markets, I'd highly recommend attending meetups! In terms of online networking, connecting with agents and actually making offers with them would allow you to start building connection.

  • Realtor · Columbus Ohio, Cleveland Ohio · Member since 2022 · 849 posts · 830 votes
    2y

    Hey David, connecting with a local real estate agent familiar with the market can lead to recommendations for reputable property management companies or individual managers. Also, exploring online platforms like BiggerPockets can connect you with professionals experienced in various locations so I highly suggest that you keep connecting with everyone in the community. Hope this helps!

  • Michael SmytheBusiness Member
    Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
    2y

    @David Yandel there's no easy answer.

    You should question the experience, competency and incentive of anyone that gives you a referral. Their referral is only worth what they are worth.

    Check out NARPM.com for serious property managers. Even with these though, you'll need to find ones that can meet your expectations.

    You'll probably just have to jump in and try one out and then learn from your experience.

    Logical Property Management4.9464 Reviews
  • Member since 2023 · 348 posts · 190 votes
    2y

    Hi David! 

    You should check out the NCREIA's! We go each month and have had a lot of great success with it. You will meet local agents, investors, title companies, property managers, and all the team members you will need. They host these events in all metropolitan areas. I'd love to connect and see how we could work together.

  • Member since 2024 · 20 posts · 9 votes
    2y
    Quote from @Katie Smith:

    Hi David! 

    You should check out the NCREIA's! We go each month and have had a lot of great success with it. You will meet local agents, investors, title companies, property managers, and all the team members you will need. They host these events in all metropolitan areas. I'd love to connect and see how we could work together.

    Thanks!
  • Member since 2024 · 20 posts · 9 votes
    2y
    Quote from @Katie Smith:

    Hi David! 

    You should check out the NCREIA's! We go each month and have had a lot of great success with it. You will meet local agents, investors, title companies, property managers, and all the team members you will need. They host these events in all metropolitan areas. I'd love to connect and see how we could work together.

    Where do I find these events? Just a google
    search? 
  • Realtor · Akron, OH · Member since 2023 · 56 posts · 40 votes
    2y

    Find a realtor first, they can help with the other connections. 

  • Nathan GesnerBusiness Member
    Moderator
    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    2y

    The most important person to find is a property manager. A good manager can keep a mediocre investment successful; a bad property manager can destroy a good investment.

    If you find a good PM, they will tell you which neighborhoods and property types work best for the market. They can help you find an agent, a lender, and contractors.

    The DIY Landlord Book4.7243 Reviews
  • Michael SmytheBusiness Member
    Real Estate Agent · Metro Detroit · Member since 2023 · 4k+ posts · 3k+ votes
    2y

    @David Yandel at least 95% of agents only know how to buy-sell owner-occupied properties - which are sold on emotion.

    Investment properties should be bought & sold by the numbers, which most agents don't take the time to learn and actually ASSIST their clients.

    Logical Property Management4.9464 Reviews
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