Setting Up Your Millionaire Team In Property Investing!
There is a saying that goes ‘no man is an island’ and how true is that notion in property investing!
Nowadays, many young people are aspiring to accumulate wealth through properties,
however, one should remember that besides the conventional ‘wisdom’ of focusing on ‘location, location, location’,
Today, one of the most important concepts in property investing is ‘NETWORK, NETWORK, NETWORK!’
As Robert Kiyosaki, the world famous author of Rich Dad Poor Dad book once said,
The reality is, today, no matter how skilled you are in property investing, there are areas where others will have more experience or knowledge than you.
So, do realise that it is far better to leverage on others to help you accelerate your game plan!
In short, building your own millionaire property team SAVES YOU PRECIOUS TIME and ENERGY!
Saves you time to look for other sweet deals! 🙂
After understanding the importance of setting up your own team, here are the KEY PLAYERS and TIPS on setting up your Millionaire team:
1) Real Estate Agents
Many people underestimate the importance of building good relationships with real estate agents.
However, imagine if you have 10 agents whom you are in close touch with who all specialize in your target area and knows your target market.
Don’t you think if any good deal were to come along, you would be one of the first to know?
And here is the extra tip: Look out for real estate agents who are also INVESTORS!
This would mean they are promoting their listings ‘merely’ to get a commission! You would be surprised that up to 90% of agents themselves do not actually invest in properties! So, stick close to those that do and have an investor’s mindset!
Bankers are those who process your loan application . It is essential to build good rapport with bankers!
We will reveal more millionaire banker tips in our upcoming property workshop. Check out below for details!
Lawyers are important to help represent you in any property deal.
Here’s A Millionaire Tip: It’s WORTH IT TO PAY LAWYERS WHO ARE GOOD!
4) Tax Agents
Tax agents help you in taxation issues! 🙂 There is just too much to be covered in one article so check out our upcoming seminar where we have top taxation experts reveal the most important tax implications today with regards to property, so you will be always updated!
5) Joint venture Partners
Network with those who have the same mindset as you.
However, it is VERY CRUCIAL TO KNOW WHOM YOU CAN JV WITH!
In our Property Seminars, we breakdown the rules of JV and essential steps to take in any JV. Jv can be a great way to accelerate your gameplan, however it can also turn sour if both parties doesn’t have the same mindset!
Treat yourself as the boss your own property business!
An important rule to remember is, If you treat property investment as a hobby, it pays you like a hobby, but if you treat is as a real business, you’ll see real results! 🙂
So there you have it!
Now is the time to dilligently build relationships and when the right deal comes,
you will find the deal being executed smoothly according to your desired gameplan!
For more indepth knowledge on how to build your millionaire property team and street smart tips that can propel you in property investing, do check out our upcoming Property Fast Track Workshop on 20&21st April 2013!