3 Key Partners for Real Estate Investors & How to Find Them

Posted by Hannah Lapin on Sep 20, 2019 9:00:00 AM

3 Partners for Real Estate Investors

Professional real estate investors with multiple rental properties know that having solid partners in the industry is a key to success. As you continue to add more properties to your portfolio, you are going to want someone to help you find the best property deals and best financing, and even someone to manage your properties for you. That’s why it’s always a good idea to have a solid mortgage broker, realtor, and property manager on your team. For all of these partners, we suggest starting with referrals. Here are some additional tips on how to find partners you can trust.

Brokers

Where to Look

  • Network at Real Estate Investor Association Meetings
  • Check the Better Business Bureau (BBB)
  • Look at the National Association of Mortgage Brokers for a member
  • Conduct a Google Search

What to Check

  • Credentials
  • State Licensing
  • Reviews

See our other tips about how to find a great broker.

Realtors

Where to Look

  • Check the National Association of Realtors (NAR)
  • Look at online listings
  • Attend open houses in your neighborhood

What to Check

  • Credentials
    • Make sure that realtor is properly licensed in your state
    • Also look for the credentials CRS (Certified Residential Specialist) and ABR (Accredited Buyer’s Representative)
  • Current Listings

See other tips for finding a realtor.

Property Managers

Where to Look

  • Check out All Property Management
  • Browse ManageMyProperty.com

What to Check

  • Credentials
    • Check your state’s requirements on the U.S. Department of Housing & Urban Development (HUD)
    • Look for Certified Property Managers (CPM) and Residential Management Professionals (RPM)
  • Accreditation with the Better Business Bureau

Learn more about how to choose a property management company.

Don't forget to interview a handful of options for each, so you can feel confident in your decisions of who to hire. For more tips for real estate investing, check out our Resources Page.

More Resources

Related: 5 Types of Businesses Landlords Should Partner With, 4 Common Contractor Scams to Look Out For

Topics: Real Estate Investing