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Updated almost 6 years ago on . Most recent reply

User Stats

37
Posts
6
Votes
Derrick U.
6
Votes |
37
Posts

Need a team (agent, contractor, etc ) I'm a newbie phx,az

Derrick U.
Posted

I just decided a week ago that I need to be financially free in 6 years.

My goal is to own a multi family rental that generates $200000/year or more.

I have to start off small because I don't have $2 million dollars laying around.

I've called agents, looked at properties on loopnet.com, started reading some books, and watched YouTube videos.

What I'm realizing is that I need an awesome team of professionals that can

A. Let me know if a rental deal is good or not

B. Help me get the best loan

C. Identify and fix and structural,mechanical, electrical etc issues on the rental

D. Manage the property 100%. Collect the rent, deposit the checks,answer the tenant concerns and complaints and other issues.

I'm targeting the Phoenix metro area. I love Tempe and Scottsdale. These communities seem the most robust for employment and entertainment. However I'm looking all over the metropolis.

Most Popular Reply

User Stats

335
Posts
144
Votes
Christopher Hunter
  • Investor
  • Atlanta, GA
144
Votes |
335
Posts
Christopher Hunter
  • Investor
  • Atlanta, GA
Replied

@Derrick U. Hello Derrick. You need to go about this a different way. You, yourself need to know hat is a good deal. You need to educate yourself, research MSA's and add value to for another investor and see if they will put you under there wing. Raise capital will can talk about later. Have you been to your local REIA meetings, networking events, told everyone what in intend to do? You have a dream now. A team is not going to follow your dream yet. As you build yourself up your team will start to build up.

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