Who do I need as the first member of my Investing team?

[Oren Elbaz]

Hello all!

Who is the first member I should focus on bringing onto my REI team? Broker? Attorney? Mortgage broker? Contractors? Other?

I am currently looking for a reliable and successful sales broker, however i'm wondering if I will need to have another member already on my team to add credibility. Or should I just look for all these members at once and build my team as I go?

Thanks in advance

[Marian Smith]

Everyone stresses building "their team" and then you turn around everyone talks about getting multiple bids because you don't want your contractors, mortgage brokers, etc to assume they have a guaranteed deal with you and their prices go up. You are the person who has your best interest closest to your heart. So yeah, like the first responder said, you are your team. Talk to a bunch of people, network, and/or research properties, rents, taxes, business cycles, but ultimately it is you, your cash, your credit score, and pretty much your understanding of what you are setting out to accomplish that is important. Realtors, loan officers, contractors are all pitching you a service and it is up to you to decide where to allocate your resources.