Episode 95: Are You Leveraging The Power of Your Team?

Why do many investors (including myself) not fully tap into the power of leveraging a team?  

Having this power is one the main differences between an amateur investor and those that grow a substantial portfolio creating the wealth to change their lives. 

Here, I will go through some of the mindsets and ways to think about how to leverage a team to the fullest and how best to utilise each of the key professions and service providers. 

You may think you have a great team already, but listen in to make sure you are leveraging them to the fullest.

Resource Links:

Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors)
Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join)
For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/)
For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)
Get Jarrad’s strategic advice towards your property purchase and development plans (https://www.investorsedge.com.au/invest-in-perth-property/)

Episode Highlights:

Intro [00:00]
One of the first traps is the thinking that you know it all [02:23]
 Lower fee for property management, costing a hell of a lot more [04:51]
The best way to learn is by getting the help of experts [05:58]
So, what do you look for in choosing a team? [06:30]
An expert in the field will give a fantastic return [08:01]
Maximising the borrowing capacity is the key [09:09]
Property strategist for creating an overall portfolio plan [09:56]
A buyer's agent gets you on the market sooner [12:00]
The building and pest inspector can often be overlooked [13:28]
A builder, and or architect for cost estimates [14:49]
Property Manager for input on rentability [15:19]
Accountants are essential for structuring advice [15:58]
A solicitor is important in the more complicated purchases [16:25]
Sales agents to maximize your sales through effective marketing [16:50]
Let’s talk about mentors [17:37]
Birds of a feather flock together [18:48]
Great operators surround themselves with great operators too [19:14]
Get the best team that you can for where you are at [20:02]
Outro [21:02]

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