The success of your property investment network depends on the relationships you build with people.

Without people who can help you when you need them, the real estate business cannot take place. This is why the importance of networking cannot be overlooked. There are many people in this world who are not good at networking, but that doesn't mean they avoid it.

Networking events can be nerve-wracking and anxiety-provoking for some people, but they are a necessary part of growing your business. They can be small at first, or you can use social media, but you have to work hard every day to expand your real estate investment network.

"The correct contacts will help introduce you to people who can help you take your business to the next level, so add these professionals to your property investment network as soon as possible” La Casa Property advises.

1. Mortgage Brokers

Working with an experienced mortgage broker can save you a great deal of time and money when it comes to finding funding. In short, there are countless ways to raise finance and it is the mortgage broker's job to find the best source of finance for you in the shortest possible time.

2. Real Estate Lawyer

Today's best real estate investors already know this, but it's time for you to know it too. The most important thing a real estate investor can do is reduce risk. By greatly reducing your risk, your profits can be greatly increased.

3. Estate Agents

A really good estate agent is worth his or her weight in gold. An investor may be able to find a property on his or her own, but a good estate agent will almost always be able to find it faster and more efficiently, and for less money.
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4. CONTRACTORS

All of the people listed here have important roles to play, but perhaps the most important is the relationship between the contractor and the investor. The contractor is not only responsible for most of the restoration work, but also for setting the budget for the project.

5. Insurance agents

An insurance agent is sufficient to support a real estate investor and their services have the potential to reduce unnecessary risks while significantly reducing costs for the investor.

6. Inspectors

An inspector can provide investors with valuable peace of mind, as can the addition of a qualified valuer to a property investor's network.

7. Private lending

On the list of the most important contacts for investors, private money lenders are the ones who make everything happen. After all, it is money that facilitates all transactions.

8. Valuers

Working with a reputable valuer ensures that real estate investors can be assured that they are making a personal purchase. The peace of mind this brings means it is worth working with a good valuer. 

9. Accountants/brokers

Keeping an organized 'book of accounts' is an essential part of running a business. Without proper accounts, it is impossible to run a business properly or even renovate a house. The tax implications alone are enough to justify the need for a qualified accountant or broker.