Team Building

[Jeff Jamieson]

I am just starting out in the Sacramento area. I am thinking of doing some wholesaling and buy and flip. I am getting all my contacts organized and wanted to ask everyone:

What contacts do you need to have in order to be a legitimate player in this?

I have it as

Realtor

Title Company

Contractor

Inspector (Don't trust my rehabbing estimates yet)

Hard money lender

Buyers

Attorney

Did I leave any out?

Thank you in advance for your feedback!

[Scott Costello]

I'm not sure if this is the same experience other people have had when they first started out, but here is mine...

I found it very difficult trying to build a team when I had no experience or properties under contract. Sure I can talk with contractors who say, sure if you ever get a rehab project I'll be your guy. Or talking with Realtors who will help you out at first, but their responsiveness goes way down after a few weeks.

Like some said before me, build your systems first and get your marketing out there. Attract those sellers and buyers, get things moving. You'll meet other investors and build relationships. Then you can use those relationships to help point you in the direction of good contractors, agents, lawyers, etc...

When I started trying to build my team before having any leads on houses and buyers i got no where and just wasted time doing Non-Money making things. Once I started getting sellers calling, getting offers accepted and networking to find cash buyers, my team kinda formed naturally as I needed them.

Not saying this is the way to go for everyone, it's just how it played out with me. Best of luck!