Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago,
Essential roles for fix and flip business
I am just starting out with real estate, but in any business venture I always start with the end in mind, so I want to understand all of the different necessary roles to build out a great system which can be scaled for a primary fix and flip business. I do understand that I will wear several of the hats starting out, but if I can compartmentalize and provide clear definition of the roles, work will be much easier to hand off as growth dictates.
The roles I see being important to fulfill are as follows:
- Real Estate Agent
- Contractor
- Project manager
- Home inspector - for before finalizing offers
- Title company
- Marketer to find deals
- Negotiator to close deals
- Bookkeeper
- Accountant
- Lender/financial source
I know that I am missing things here, so any insight would be appreciated.
Thanks for the help!