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5 Key Members You Need on Your Real Estate Investing Team!

Time and Date May 13th, 2014 User by House4cashbuyers Comments No Comments

Creating wealth is a team sport, the most successful entrepreneurs have achieved wealth because they have a strong team to support them. You’ve heard the old saying “there is no I in team”, this is true because an individual can’t achieve w…

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5 Key Members You Need on Your Real Estate Investing Team!

Time and Date May 13th, 2014 User by House4cashbuyers Comments No Comments

Creating wealth is a team sport, the most successful entrepreneurs have achieved wealth because they have a strong team to support them. You’ve heard the old saying “there is no I in team”, this is true because an individual can’t achieve what a team of experts can. With a great team you can work less but build more wealth. A good team should be diverse with experts that possess different skills as opposed to everyone being skilled in the same field and remember, you need to be a great leader to build a great team. We have listed the 5 essential members you need on your real estate investing team.

 
1. Realtor

 
A good real estate agent that is familiar with the way investors work is a must have. Find someone who is knowledgable about the legal laws in your area. You want to make sure they are not a typical realtor who understands you want to buy low and not at market value.

 
2. Hard Money Lender

 
Hard money lenders can be used to your advantage in real estate investing. One of the biggest advantages of hard money is the ability to borrow funds for renovation expenses. The ability to finance the purchase and repairs is key to doing a successful buy-fix-sell, and hard money is one tool that allows you to do just that. Hard money is not cheap, but it can be well worth the money for the purpose it serves.

 
3. Closing Attorney

 
You need a good closing attorney or Title Company who has experience working with investors. The benefits of having them is to make your buying or selling experience run as smoothly as possible. Any potential legal problems will be solved before closing.

 
4. Appraiser

 
A good appraiser can provide you with an accurate value of your home. They should also be able to make suggestions as to how you can increase the value of your home. Ask around to find a reliable appraiser.

 
5. Investors/Buyers

 
Finding buyers and investors to sell your properties to is a crucial part of your success. You can find investors who are looking to flip or fix in most city’s. There are numerous ways in which you can seek out these investors to build a solid buyers list which include but are not excluded to posting ads in the newspaper, on craigslist, and at investment club meetings. You can market a deal that sounds too good to be true, and it can be, you just need those serious buyers to call you. You can let them know, “Hey, I just sold that deal but I can add you to my buyers list as I am always getting these type of deals”. Without investors and buyers you can’t make much money in investing.

 

If you’re ready to make a move and are interested in purchasing or want to learn more about how you can finance the deal or sell your house fast, simply fill out our Fast Response form or give House 4 Cash Buyer’s a call at 404-220-7139. Our experienced real estate professionals would love to sit down and discuss your needs. One phone conversation can be life changing. We look forward to hearing from you!

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