How are you building your team for out-of-state Investing?

[Account Closed]

Hey BP community,

I am a rookie who is looking for advice on how fellow investors build their core team. I have a couple of questions that roll right into one another, so bear with me please.

1. List the roles that you need filled (realtor, attorney, accountant, contractor, holding company, etc.)
2. What is your criteria / screening process for each role?
3. Which roles do you prefer be in the neighborhood you're investing in versus which roles are okay being remote / in another state?
4. Who is the most undervalued or underrated member on your team?

I appreciate any comments and am looking forward to your responses!

Thanks!

[Nate Sanow]

I’m a fan of the “core four” concept in David Greens BRrrrr investing book. If you haven’t read it, it’s a great book. 

I think they are all important but I’d start with a good deal finder. Many would say that’s an agent but could also be a wholesaler or someone in a hybrid role. Property management is also super important. Then, a contractor.