Real estate investment requires a complicated set of skills, ranging from accounting, management, architecture, engineering, construction, entrepreneurship, negotiation and sales legal and brokerage. Now, you can not be a jack of all trades. Therefore, most investors don't have all these skills and will need to hire one or more experts to fill in the gaps.
You will still, however, want to learn everything you can about all facets of the business. Even if you hire experts, which you must in most cases, you will need to understand enough to evaluate the information given to you by various consultants so as not to be dull. Though you will likely employ others to gather and organize information, the decision should remain all yours (unless you have partners).
Never abdicate your authority in the deal. It is your hard-earned money on the line, your reputation and your future. Unless the person to whom you are talking has the same at stake, accept their information, listen to their advice and then make up your own mind. Beware of an expert who tries to make up your mind for you. Always show your consciousness in all that is going on. Thus, your consultants will put up his best to please you thinking that you know everythings.
There are varieties of ways to find consultants. From the yellow pages to your local chamber of commerce to service organizations to newspapers and other advertisements. There is no shortage of names companies from which to choose. However, the best way to find the people who will make up your investment team is through personal referrals. Talk to other investors and ask who they used, how it worked out and whether or not they would use that same person for another deal. If you have no referrals, at least ask potential team members for references and then check those references before hiring one.

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