Minnesota Real Estate Investors Association, Inc.

Minnesota Real Estate Investors Association, Inc.

Real Estate Articles

It is Time to Create Your CORE Real Estate Dream Team!! | By: Loreal Loftus

As a real estate investor, it’s easy to get caught up in the excitement of finding and closing deals. But it’s essential to remember that building a team is just as important as finding the right properties.

From understanding local market conditions to managing your property, there are many decisions to make as a real estate investor, and each one can significantly impact your ROI.

That’s why you need the right team on the ground.

Why You Need a Team

You’re picking up new advantages with every team member you add to your team:

  1. Access to Expertise: Building a team gives you access to expertise beyond your own. By having professionals in place, you can leverage their knowledge and experience to help you make more informed decisions.
  2. Time Efficiency: Trying to do everything yourself is a recipe for burnout. With a team in place, you can delegate tasks and free up your time to focus on higher-level tasks, such as deal analysis and networking.
  3. Mitigating Risk: Having professionals on your team can help mitigate risk by identifying potential issues early on and providing guidance on how to address them.

Build Your Trusted CORE First

  1. Real Estate Agent
  2. Property Manager
  3. Accountant/CPA
  4. Lender
  5. Real Estate Attorney
  6. Insurance Agent
  7. Contractor
  8. Title Company
  9. Mentor
  10. Wholesaler
  11. Spouse/Significant Other/Partner

 

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St Paul, MN 55109
(763) 432-2809

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