Real Estate Investing
By: Leo Love
Hi,
Welcome to my blog. Today I want to talk to you about having the right people in your team when real estate investing. In a recent transaction I hired a new solicitor to handle the conveyancing of the property for me.
At the start it became aware that we did not have a good relationship with each other, mainly because we didn't know each other. This put immediate pressure on me. And at times made the whole process unnecessarily uncomfortable. I love investing so I want to enjoy all parts of it
The company that I normally use for real estate investing, went out of conveyancing for a short period of time. But prior to me doing this transaction they had contacted me to say that they were doing conveyancing again.
When they did call me up I thought at the time they were a little bit expensive. But through this transaction I thought back to the previous company that I was using.
How they would always call me up, they would always prioritise the timing, at times I thought they must never sleep. Then it occurred to me this is what I was paying them for. They are a critical part of your real estate investing team. The sale I have just done was a great deal, but it was soured a little by being charged default interest , because of an extension on settlement.
So my point here is set up a good relationship with your solicitor or conveyancer. You will need them for other things down the track as well. Quite often things, they don't charge you for. Take the time to get to know them and it will pay off for you. We will talk later about other people you need in your real estate investing team later.
I hope this helps you. Have a great day.
To your investing success.
Leo Love
PS If you need more info hop over to my website
www.therealestateinvester.com
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