How/Where/When to build a team

[Kenny Hsu]

Hi everyone - want to start building my all-star team who will help me make my first multifamily and beyond.  How have you guys built your team (lawyer, accountant, property manager, banker/mortgage broker)?  When have you brought them on?  Who's local to you vs. local to the market (I live in CA now)?

My strategy:

- I've got my own capital lined up for the first deal - will probably use my own capital for the first deal.  May raise money for the next deal once I learn from my own mistakes

- started to hone in on a couple of markets in the pacific northwest

- First 2-3 deals will probably in the same market.  First deal will probably 10-20 units.  Maybe get a little bigger after that.

- Will be looking for value add play (they seem more fun!)

Appreciate any pointers!!