New to Real Estate Investing and I wanna know about forming my team

[Mardochee Pierre]

Hello good people of BP! I'm new to real estate investing but my question is pretty short . When forming a team to take on "flip projects", who are the people I need to around me to be successful? I know I need a contractor, broker and lawyer but are there any important people?  I look forward to your responses.

[Robert Laird]

Mardochee,

A reliable contractor, broker, and a lawyer are all good people to have on hand, however I would not necessarily consider them as part of your intimate team because you are outsourcing tasks to them. For people on your team I would recommend getting a bookkeeper, a marketing manager (someone to handle mailer, craigslist, SEO, bandit signs, etc), a property analyst (someone to run property comparisons and send out offers), and depending on how many incoming calls your getting, you may want another phone buyer. Also depending on how many fixers your doing you may want a construction manager. I hope this gives you a couple ideas as you form your team!

Rob