“We are your Rock!”
Building Relationships with Your Real Estate Investment Team Members
Here is a list of real estate investment team members with basic descriptions:
If you have understand the real estate investment business you know that good contractors can be hard to find. If you have the skills you might want to do some repairs yourself. You could save some money this way or, if you are trying to flip quickly and build a property investment business, your time might be better spent elsewhere. Also some projects will be too much for you to manage by yourself.
Our trustworthy contractors will get your work completed right, on time and within the quote or budget cost while you are taking care of other business; such as finding your next profitable deal. Also our contractors can help you evaluate what will be needed on prospective properties so you can determine the profitability of a deal.
We can manage a project that has employees or one that manages and hires subcontractors. We also keep a list of specialty contractors for plumbing, drywall and finishing, carpentry, concrete, roofing, etc. Let our contractors know what you expect from them regarding quality, deadlines, cost adherence, and communications and what they can expect from you.
Real estate law is complex and varies by state and is a moving target as these laws change frequently. You will be faced with contracts, financial documents, legal notices, receipts, and other legal paperwork. In addition there are filing deadlines and inspections that if missed or incorrectly filed, you can lose time, money, and even property. A good real estate attorney is a necessity to help you stay on top of legal requirements and the right side of the law.
There are many other instances where this member of our team can proved invaluable. There are property rights, liens, and title disputes. If you decide to lease or rent any property, there are a host of rules and regulations of tenant law. This involves contracts, regulations, and eviction law.
No need to seek out an attorney that specializes in real estate law. We have a trustworthy and reputable real estate attorney on the team that can help you avoid legal problems and address any that arise.
Our Title company basically provides three important services to you:
- Title insurance
- Title reports
- Escrow at closing
A title report is a comprehensive paper that depicts a specific property’s title history. This should include the previous owners of the property and any liens including tax liens. Title insurance protects you from title issues such as unidentified liens, any forgery, and time or information gaps. Our title company can also give you property information, Notice of Default (NOD) lists, and access to other local real estate information.
Having our team mentor you will be a huge asset as we have ‘been there done that’ and have a willingness to share and be your go to mentor can help you make solid investment decisions and more profit. We can help with building your portfolio, teach you how to find the best deals, tell you tricks of the trade and what you should avoid.