Rea
Real Estate Investment Team
Topic
N/A
Accuracy
Recent Predictions
Incorrect: 0
Pending: 10
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Successful real estate investment requires building a team, understanding location, and ensuring tenants pay rent.
"if you want to invest in real estate successfully you got to build a team you got to know the locati..."
Dec 10, 2023
Pending
Key skills for successful real estate investors include building a team, running numbers, conducting due diligence, and increasing investment value.
"you need to know how to build a good team number three you need to know how to run the Numbers numbe..."
Oct 22, 2023
Pending
Eight essential team members for real estate investors are: property manager, broker, accountant, contractor, attorney, banker, title company, and insurance company.
"eight different team members that you need to have if you're going to be investing in real estate th..."
Oct 22, 2023
Pending
The speaker's first property manager was ineffective, leading tenants to contact the owner directly for issues, defeating the purpose of passive management.
"my first property manager that I ever had I don't even know if they were a real licensed property ma..."
Oct 22, 2023
Pending
A previous negative experience with a property manager led to the owner handling tenant issues directly, highlighting the importance of a competent property manager.
"my first investment deal that I bought I had a horrible property manager who really didn't do anythi..."
Oct 22, 2023
Pending
It's crucial to work with a real estate broker specializing in investment deals, not just residential sales. Even licensed professionals may choose not to broker their own investment deals.
"you want to make sure you have a broker that specializes in real estate investment deals and even if..."
Oct 22, 2023
Pending
A CPA who only files taxes is insufficient for real estate investors; a specialized real estate accountant is needed to leverage deductions and minimize tax liability legally.
"if all your CPA is doing is filing your taxes you were leaving a lot of money on the table and if yo..."
Oct 22, 2023
Pending
Hiring a good, albeit more expensive, contractor saves money and headaches in the long run by preventing costly repairs due to previous bad work.
"I have a good contractor it's going to cost you a little bit more but it's going to save you so much..."
Oct 22, 2023
Pending
Landlord's insurance and liability insurance are essential for real estate investors.
"you need landlord's insurance and you need liability insurance"
Oct 22, 2023
Pending
The speaker offers a referral service for finding a good attorney, including real estate, bankruptcy, and business attorneys.
"I have a referral service where I can refer people to a good attorney if you want to learn more abou..."
Oct 22, 2023
Pending