How To Build Your Investment Team
Updated: 11 hours ago
Tips for Building Your Real Estate Investment Team
Plan the Work, then Work the Plan
As investors, we all have a certain role we play in a deal. Some of us wear many hats, and some of us specialize in a specific area. A lot of times, needs and skill sets change from deal to deal.
To put yourself in the best position to close a deal, you need to first plan out what resources you need.
Here's a list of roles that you may need for any investment team:
3rd Party Reports/Data
Determine your available funds and budget your costs to make sure you pay for the services and expertise that you need.
“A lot of people go cheap on legal - in my opinion you get what you pay for.” - David Toupin, REL's CEO
Grow Your Network
You need to know the right people with the right expertise and skillset. One pro tip is growing your professional network through a Community like the one we run here at REL. We create a relaxed type of environment that helps people make actual connections.
Learn Expert Strategies
Listen to David Toupin talk more about his perspective on building teams: