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Updated over 6 years ago on . Most recent reply

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Destiny Prince
  • Kenner, LA
4
Votes |
24
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Which comes first: team or deal

Destiny Prince
  • Kenner, LA
Posted
I’ve been learning how to use the calculators (they are wonderful) to analyze deals. While practicing it occurred to me, which comes first a team or the property? Do I find contractors who work in an area and talk to lenders about an amount based on the area first? Or, do I find a property, analyze it, then go find lenders/contractors/etc?

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951
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414
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Corina Eufinger
  • Rental Property Investor
  • Oconomowoc, WI
414
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951
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Corina Eufinger
  • Rental Property Investor
  • Oconomowoc, WI
Replied

LOL this is like what came first the chicken or the egg.  It's beneficial to have a team in place when you find the deal but it doesn't mean you should pass on a deal because you don't have a team.  Do both at the same time.  Look for deals, build your team.  Having the right deal ready often attracts a team.  

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