First Rental Property

The secret to relationship success is so easy, you may not even believe it when I tell you.

The secret to relationship success is:

Keeping in touch

The most successful real estate investors understand the importance of relationships.  These investors are generally very good at maintaining the existing relationships that they have.  This ability is crucially important, as successful real estate investors do not become successful by themselves, rather they become successful because they leverage upon existing relationships.  These relationships are with their team of professionals.

As a real estate investor becomes a better investor, they are at a stage where they are purchasing more properties.  In order to purchase these properties, they have to rely on a multitude of people.  The real estate investor will need to work with some key people such as:

A Realtor

A mortgage broker

A Home Inspector

Real Estate Lawyer.

Once a real estate investor has bought a hand full of rental properties, they begin to get to know their team of professionals better.

Furthermore, the team of professionals all get to know the real estate investor better.  The result is that both the real estate investor and the professionals become more comfortable doing business together.

This is also the point in the realationship where the real estate investor can drop the ball…

Real Estate investors, just like the general public, are flawed in how they deal with people.  Most people are not good at keeping in touch with one another.  In fact, many friends are not good at keeping in touch with one another.  This is how people drift apart, and how friends lose touch with one another.

If a sub par effort is put in by both parties (or friends), the realationship is destined for failure.

If you are a real estate investor and you are serious about investing, you need to maintain an excellent team of professionals.  If you have people on your team that are great at what they do, then it is important that you do everything in your power to keep theses professionals as part of your team.

Investing becomes easier when you have a trsuted team of professionals that you can call upon in a time of need.

However, YOU have to be the one that maintains the relationship with all of these people. If you do a good job at keeping in touch with them, and staying close to them, they will get to know you better, and they will support you and go the extra mile for you when you are in a time of need.

In summary, having success with your relationships is easy to do.  It requires you to put in effort.  All you have to remember is these 3 simple words.

Keep in touch

If you do, you will start to notice improvements with all of your relationships.

If you liked this article, and would like to keep up to date with my blog, please subscribe using the orange RSS button.  You can also enter your e-mail address on the left side of this page to subscribe.