Building a real estate investing team

[Emery Jensen]

Hello bigger pockets!

I live in San Diego, Ca and am looking to start out with wholesaling then eventually moving on to rehab/resale, and rental properties as well.

I’ve been studying real estate investing for about 4 months now by reading books, listening to podcasts and watching webinars, reading forums, and attending seminars which has lit a hot fire of passion in me. They are all very informative and motivating, but to me they are missing one important thing for me, which is how to build your team!

Obviously this is really important, and I feel can make or break an investor so it has kind of held me back from making my first deal.

That being said, can any of you investors tell me how you first started, how you found your team? Or maybe how you did your first deal without even having a team?

Looking forward to seeing your answers!

[Corby Goade]

I would put building a team out of your mind for a while. RE is hot all over the country, everyone and their dog is an aspiring investor and 99% of them are talkers. If you are a half way decent agent, escrow officer, electrician, framer, whatever, you are surely very busy right now, and spending time working with an aspiring investor without any experience will probably come very low on your priority list. 

I'd suggest you focus on finding a couple deals that work for you. Once you find them and start working through the process, you'll meet people who can help you. Once they see that you are actually making things happen, they'll come to you, not the other way around. Treat contractors and partners with respect and honesty and this will happen organically. 

You don't have to walk in to your first deal with all of the pieces in place, that's how you learn and meet people. It'll start slowly, but as you grow and learn, your team will form around you. Things will accelerate from there.

Good luck!