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Updated about 9 years ago on . Most recent reply

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37
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6
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Eric L Walker
  • Pittsburgh, PA
6
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37
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Most Popular Reply

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110
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29
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Matthew Vitlin
  • Real Estate Agent
  • Austin, TX
29
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110
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Matthew Vitlin
  • Real Estate Agent
  • Austin, TX
Replied

I'll base this assuming you know nothing about real estate, and you can cross out anyone who has a similar skillset to you, or you are able/willing to do their work.

ACQUISITION TEAM/NETWORK - Wholesellers, Realtors, local networking groups, mail/email/advertising campaigns, however it is that you get properties.

CONTRACTOR - Find a good GC with solid subs.  Get refferals, get recommendations, but get someone who is good and who you are comfortable working with.

INSPECTOR/APPRAISER - The appraisal part is optional, and a good contractor can to an extent negate the need for an inspector, but you need someone to help determine that a property is a good deal.

REALTOR - Someone has to sell/lease your property on the back-end once it is ready for market.  Standard rates vary but I believe 3% for a sell or 1 month for rental are standard.

LAWYER AND CPA - They will save you money and keep you out of trouble in the long run, non-negotiable functions.

That should get you started, a solid mentor is always a good decision regardless of the market.

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