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Updated almost 6 years ago,

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Jake Steven
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CPA, banker, attorney, or RE agent. Who should we talk to first?

Jake Steven
Posted

Hello,

My wife and I have saved up about $70,000 for the explicit purpose of investing in some local real estate.  We want to buy and hold, but that strategy can be adjusted should we find a more efficient means of investment.

Our very first step is to go talk to some professionals (CPA's, bankers, attorneys, real estate agents, other investors, etc).  But I was wondering who we should talk to first as we build our team.

Should we get in contact with an agent first to start looking for property?

Should we talk to a CPA with real estate experience first to start figuring out the financial details?

Should we talk to a bank first to figure out financing options?

Should we talk to attorneys first to figure out the legal side of things?

Who is the most important team member?  Where should we start?

My gut tells me that a CPA is the best place to start because they can give us more general advice about how to most efficiently leverage our cash.  Ultimately, the advice we get from this first professional will guide where we go next.

Thanks for any insight!

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