Real estate investors must surround themselves with the best real estate professionals possible. In earlier posts, I discussed that a real estate investor should allow real estate professionals to handle the ‘leg work’ in the transaction. Having the right people doing this work is imperative. Some of the professionals can work with you in multiple areas around the country, while others will be specific to certain geographic regions.
In the coming posts I will look specifically at each of the real estate professionals. It is important to interview prospective candidates in each area of expertise before making a decision. The end goal is to build a long-term working relationship with each of these professionals, so don’t settle for the first one you find in the phone book. Through the interviewing process, your goal is to uncover strong knowledge in their field of expertise, a high level of professionalism, and an amiable personality. These qualities lead to a good relationship, both on the individual basis with you as an investor, and collectively as a strong team, working to make the best use of your money and time.
With each description of the team member, I will give sample questions to use when interviewing each professional. This is just a basic outline, as you will want to ask your own questions to make ensure the candidate will serve as a strong member of the team.