Real estate investors need to possess skills in lots of different areas, especially when they run their own business. Every entrepreneur has to wear lots of different hats to get their business off the ground.
Think about what it takes to become a good wholesaler/flipper/property manager. You need to have skills in:
- Accounting and tax preparation
- Negotiation
- Project Management
- Contracts and legal forms
- Construction
- Marketing
- Web Design
- And then some…
Sure you can outsource a lot of these. And many times you should. But the successful real estate investor knows at least a little bit about all of them. At least then they can tell if the person they are hiring is competent. Or, the investor might find a way to automate some of these tasks and not have to hire someone.
I Don’t Wanna Go to School
So where do you acquire these skills? Most of us are done with school. Besides, have…
JP Moses
is a real estate investor in Memphis, TN, with experience ranging from land lording to note buying, rehabbing, and wholesaling. However, wholesaling is the area that he enjoys most and where he bring the most experience and expertise to his students.