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Updated over 10 years ago,
Team building
HEY BP. I am new to BP. I have been a nurse for the last 8 years and have decided that it's no longer fullfillig. I have been in healthcare a total of 18yrs. My sister, niece and I have decided we would like to invest in real estate. I know, I have heard it before, never go into business with family. But we should be okay as long as roles and profits are clearly defined. We are looking into flipping and renting homes. However my question is this. None of us have experience in real estate. I have read many times about the importance of creating a team. I would like to know what are the key players of a good team? I know you need to have a real estate agent, which I am trying to talk my niece into persuing. I myself am currenlty working towards my MBA which I feel will help us with management and possibly marketing (haven't decided which MBA to do, Finance or Marketing...decisions). But I would like to know where we each could focus our strengths. As a nurse I often feel as though I can do it all....LOL. If we knew what roles were necessary then it would be a little easier for us to focus our learning without being overwhelmed with trying to learn it all (me). Thanks in advance.