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Chapter 3
Building Your Dream Team
IN THIS CHAPTER
Picking a real estate agent who can help you find flippable properties Acquiring sound financial advice Covering your back with a title company and an appraiser, attorney, and inspector Hiring contractors and subcontractors to handle the heavy liftingNo one can whistle a symphony. It takes a whole orchestra to play it.
—H.E. LUCCOCK
Most people who talk themselves out of investing in real estate are defeated by a false assumption — that they have to do it alone. The truth is that you don’t have to do it alone. In fact, attempting to fly solo is one of the most common and serious blunders you can make when you’re getting started. Investors who excel at flipping houses are team builders, capable of selecting talented players, coordinating their efforts, and harnessing their skills.
By surrounding yourself with a team of experienced and talented people, all you really need to succeed is a smartphone, some people skills, and a long list of qualified individuals with diverse talents. You don’t know what a house is truly worth? Consult a qualified real estate agent. You’re not good with money? Hire an accountant. Can’t hammer a nail? Call a carpenter.