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Build Pathway

What Team Do I Need?

Real estate is a team sport. The operators who scale past 10 units aren't smarter. They've built better infrastructure around them. Your team determines your ceiling.

Your Team Roster

Hybrid management means you need strong relationships across the board. Start with PM and lender, then build out. Since you haven't closed yet, focus on the first four roles before making an offer.

01
Property Manager
critical8-12% of collected rent
02
Portfolio Lender
criticalFree relationship (they earn on your loan)
03
Contractor Network
criticalVaries by market. Budget 10-15% of rent for maintenance reserves.
04
Real Estate Attorney
critical$250-$500/hr or $1,500-$3,000 flat for entity setup + lease review
05
CPA / Tax Strategist
important$500-$2,000/yr for investor-focused CPA
06
Investment-Focused Agent
importantSeller typically pays 2.5-3% commission
07
Insurance Broker
helpful$800-$2,500/yr per property depending on coverage

Common Team-Building Mistakes

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Hiring from desperation, not selection. Finding a PM the week you close means you take whoever says yes. Build relationships 60-90 days before you need them.
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Letting the PM handle all maintenance. PMs who mark up contractor invoices 20-30% are industry standard. Request vendor invoices, not just PM billing summaries.
!
Using a single entity for multiple properties. A lawsuit on one property in a portfolio entity holding 8 units is catastrophic. Structure early, even if it costs $1,500 in legal fees.

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