Building a Strong Real Estate Investment Team

Real Estate Agent: This role involves identifying investment properties that match specific criteria, conducting market research to assess property values and potential returns, and negotiating favorable purchase agreements while managing the closing process. Essential qualities include a deep understanding of local market trends, a proven track record of successful transactions, and strong negotiation and relationship-building skills.
Property Manager: Responsible for the daily operations of rental properties; the property manager handles tenant screening, lease administration, rent collection, and maintenance while ensuring regulatory compliance. They focus on maximizing rental income and minimizing vacancies, requiring experience in property management, strong organizational and communication skills, and effective tenant relations.