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Are You Leveraging The Power of Your Team?

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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:

 

Episode Highlights:

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

 

Thank you for tuning in! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.

 

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Perth Property Insider Podcast

Jarrad Mahon is the go-to guy in property management and investment in Perth and the owner of Invest 
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