www.REIClub.com – Who Should You Have On Your Real Estate Team? Here Are The Professionals You Want On Your Successful Real Estate Investing Team… Hi, this isFrank Chen with REIClub.com, the only site you need as a real estate investor. Today I’ve got quick video on how to put together a real estate team. Building Team Introduction – need knowledgeable, experienced professionals – need those who understand investor needs – prefer large % of their biz is investors – talk to other real estate investors for referrals – talk to closing agents (title co, attorney) for referrals – ask referrals at local rei club meetings Team Players (not in any particular order) Closing Agent – title co, attorney – must be quick, experienced – familiar with investors, creative Insurance Agent – must work with investors – diff policy types – vacant, landlord, tenant – volume discounts – affordable coverage with reasonable premiums Real Estate Agent – must work with investors regularly – MLS access (Realtor) – ok with making offers, running comps – make sure they get paid frequently (per task, listings, etc.) Buyers – cash buyers – foreclosure auction buyers – rehabber landlords – Section 8 landlords Contractors – general contractor or handyman – free repair estimates for your offers and your buyers – quality work to level needed for end buyer – offer repair estimates to buyers so contractors get paid Home Inspector – fast, thorough inspections – affordable – can teach you basics (follow them …