but still cost time, aggravation, and money. We must do everything we can to minimize the damage caused by them, which is why having the right agent who carries a hefty E and O insurance is imperative.
A Real Estate Resource
Most real estate trainers (teachers) will have you start your real estate business by surrounding yourself with a team of professionals. This is sound advice and is essential to a real estate investor who is just starting out.
Your agent is the perfect source for you to get started. A real estate agent has already established relationships in the business. They know who does a good job and who doesn't do as well. Your agent knows who is pleasant and easy to work with. They know who gets their work done and who does it quickly. All of these characteristics could make the difference between you having a successful project or a failed one.
There are so many things that can go wrong. All it takes is one small problem personality to ruin a project and cause unnecessary headaches. To give you an idea, a real estate agent can help you find the best available:
1.Title representatives
2.Escrow officers
3.Lenders
4.Termite inspectors
5.Inspection company representatives
6.Property insurance
7.Home protection insurance
8.Lawyers (many have their own or have access through a board of Realtors)
9.Contractors
10.Appraisers
11.Other investors
12.Hard money lenders
13.Credit repair
14.Mold inspectors and repair
15.Roofers
16.Painters
17.Carpet and floor installers
18.Electricians
19.Plumbers
20.Landscapers
21.Trash removers
22.Demolition crews
23.Buyers
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