As hard money lenders, we cannot overemphasize the importance of finding the right contractor. A reliable contractor can significantly improve your return on investment. In contrast, an incompetent contractor can flush your profits down the drain. If you are a first time investor, finding a reliable contractor should be your priority.
Building Real Estate Investment Team
How to Build a Great Investment Team: Part 3
On every team you have what can be considered the “support players.” We’d like to consider ourselves support players for our hard money loan customers. Support players are the people who work hard, but don’t always get recognized as star players. This is not to say that these people are not important. In fact without these people the whole process would break down, but you don’t hear them mentioned as much as the lawyer, lender or real estate agent. These are still key members of your team, so you need to choose them wisely and recognize their worth.
How to Build a Great Investment Team: Part 2
Being experts in hard money loans, we are sometimes asked if it’s a good idea to have a lawyer as part of your real estate investment team. Here is the answer. A friend once told me that the interesting thing about being an attorney was that no one wants you until they need you and no one wants to need you. As humorous as that sounds, the truth is that if you are going to do any type of investment business, you are going to need an attorney as a key member of your team. Everything you do needs to be above board, and attorneys are part of the process to make sure that happens.
How to Build a Great Investment Team: Part 1
As the saying goes, no man is an island. This is very true when it comes to your real estate investments. To help you achieve maximum return on investment when it comes to buying investment property, you are going to need a TEAM of professionals. You can’t do it all alone. Our next few blogs will talk specifically about some of the people you need to consider when forming a real estate investment team.
New Funding Resources 
