Building a team to aquire small multi-family

[Xxavier Odom]

I am looking to aquire small multi-family properties (8 to 32 units) in the Houston metro area. I am on the stage of building a team. Does anyone know of a good attorney and accountant in the Houston area with experience in multi-family properties?

[Cody L.]

I can tell you that I've bought about 2000 units without a 'team'.  No attorney or accountants.  Why do you think you need those?  If you want attorney advice, once you have a property under contract, just find a fee based attorney and pay for a few hours of their time (though again, in 100 (?) or so buys/sells I've never needed an attorney and I've done deals that were $1m, $5m, and more in size)

And why do you need an accountant on your team?  At over 1500 units, I still don't have a bookeeper or accountant.  I do have someone that works in our office to help make sure our single water bill is split into the various properties it belongs to and stuff like that, but until I had about 500 or so units, I did all of it myself.

I don't want to sound like a d**k, but when I see someone start with "I'm looking to build a team" that's a giant red flag and I can be pretty sure that person if very unlikely to buy.

Focus on these three things only at this point:

1) How do I get money for my down payment

2) Who's going to lend me my ~75% once I have my down payment

3) How to find the properties I want to buy

The rest is noise and really just done to make people think they're moving forward towards their goal when they're not