Relocating to a new market reveals what truly matters when building a team. When one investor moved from Texas to Tennessee, the principles learned through real estate education became the foundation for every decision—from selecting professionals to conducting due diligence on a property in an unfamiliar area.
What unfolds is a practical demonstration of how strategic team building works in real-world scenarios. From identifying the right buyer's agent to coordinating multiple inspections remotely, each step illustrates why having trusted professionals matters more than being physically present. The approach that works for investment properties proved equally valuable when applied to a personal residence purchase.
What You'll Discover
Why assembling the right team of professionals can matter more than market familiarity when entering a new area
How remote investing techniques and team coordination can work when purchasing property in an unfamiliar market
What specific inspections and team members proved most valuable during the due diligence process
Key Timestamps
04:30 The Strategy Shift - The decision to become lead investors and how it changed the approach to property location
10:15 Market Selection Framework - The research process that led to identifying Tennessee as a target market based on specific indicators
18:45 Building a Remote Team - Finding and vetting a buyer's agent who understood fiduciary obligations and could represent interests from a distance
24:15 The Inspection Process - Why multiple specialized inspections (home, sewer scope, water, radon, mold) provided confidence in a purchase
30:00 Assembling Your Contractor Network - Leveraging existing team members to find reliable local contractors in a new market
FAQs
What should you look for when selecting a buyer's agent in an unfamiliar market?
Look for experience, a clear understanding of fiduciary obligations, and willingness to go beyond standard service. An agent who offers virtual walkthroughs an...
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