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There are numerous essential things you'll need to achieve success in real estate investing, one of which really is a great team. I am going to speak briefly about who should really be on the winning team:

1. Your Mentor - every successful entrepreneur requires a great advisor. A guide. By education underneath the watchful eye of 1 smarter then us, we could only get smarter. Begin at the local investment club

2. Mortgage Broker - you want somebody who has the knowledge of working together with other buyers. They need to be smart and creative!

3. Real Estate Attorney - it is really important to have somebody on the staff who may go through contracts, and who knows the laws of all your actions.

4. Escrow Officer or Title Rep - having a good one on the group helps to close deals that much quicker. You always want people taking care of YOUR interests.

5. Accountant - Preferably a (Certified Public Accountant). Your figures guy should also be well aware of the ins and outs of property. Come tax time, here is the person to assist you through the write-offs!

6. Insurance Agent - It's always greater having an insurance rep that's shopping for you when things hit the fan.

7. Contractor - The company may seem like the hardest one to find, but can frequently make or break your profit margin. You need a person who gets things done on time and under budget!

8. Supporting Family & Friends - Obtaining the support and support of loved ones is important in any effort.

Other Optional Staff Members:

9. Broker - some body keeping an eye out for you

10. Property Manager - someone to watch over your assets

11. Great Handyman - Someone to take care of the little items that appear on a regular basis.

Building the team won't happen over night, but once together, they'll supply you with the support and help you'll need certainly to make your real estate investing dreams be realized. found it