Property Manager: If you don’t want to actively manage your properties, a good property manager is important to have.You or your spouse may even choose to become a real estate agent so that you can gain access to the incredible tools that agents have. Realtor: An exceptional real estate agent is fundamental in your investing career.Your Partner: You don’t need a partner to invest, but if you have one, he or she will be a valuable member of your team.By training under the watchful eye of someone smarter than we are, we can only get smarter. Your Mentor: Every successful entrepreneur needs a good mentor, a guide.Here’s a brief look at who should be on any winning real estate investing team:

We’re going to buy incredible deals in a “hot market” and in a “not market.” While changes in market cycles may help make one type of investing over another easier, we prefer to simply invest no matter what the market looks like. You might not know if you are at the top of a cycle or the bottom, but you can know if you are in a buyer’s or a seller’s market, and your strategy may shift depending on that knowledge. Therefore, a lot of investors end up going through the hassle and expense of setting up an LLC only to find themselves not able to use it on their purchase. For example, analyzing a real estate deal might take ten minutes (especially if you are using the BiggerPockets Property Analysis Tools at Many investors use little or none of their own money when investing in real estate by applying one of several methods that include: Most real estate tasks don’t require hours and hours of work.

Bigger pocket cash only