Having Backup for your Real Estate investing

I talk to a lot of investors every week. Some are very good others are not. The one thing I really notice with the bad ones is they have no backup. Backup are people who know the investment field and can watch your back.

I talked to a lot of investors that have full time jobs and do not have a lot time. In real estate investing their is a lot of detailed cost that need to be addressed. Having full time real estate agents that specialize in the investment Field is crucial to your long term success.

For example there are a lot of different ways to not make money with real estate.

1.You can spend to much for the home.

2. You can over spend on the rehabbing

3. Not get the right comps to sale your home

4. Over pay in fees you do not catch until after closing. (One investor I talked to Actually over paid $20,000)

Their was also a client who was refinancing and sent me his paperwork. As I looked at the fees being charged I called him and told him of some overages I saw. He saved over $5500 dollars buy having a backup to look at his paperwork.

5. Problem solvers for all aspects of the real estate experience.

6. Finding great properties to invest in.

7. Helping find private money to help invest more with.

8. Getting your property on the Market ASAP

9. Getting you discounts at the title companies

10. Knowing where to buy your rehab stuff at wholesale prices

and their is just so much more.

So if your going to be a real estate investor then get your backup system set up. It should include all the facets of your investing. Tools should at least include the following: Real estate agent that understands and has set up the following: Construction-Property Mangement-Maintanence People-Sales Support-Lending. If you can find that type of realtor that is an investor themself then stick with them. Of course check out references on his or her abilities to be successful for you.

Having a backup system can not only save you a lot of money but make you a fortune! Brett Young Valley Realty http://www.rooftopprofitmax.com/