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Updated almost 11 years ago on . Most recent reply
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Do realtors help find good deal on investment properties?
Hello guys I've been searching online for my first investment property and almost ready to go speak with a Realtor will a realtor help me find specific properties that make sense financially for cash flow or is this something that I should be doing on my own like I have been just searching online. I would assume they would be better equipped at locating the properties and I could just make sense of the numbers?
Thanks hopefully this isnt a odd ball question not trying to be lazy just feel like a realtor might be better to guide me.
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This really depends entirely on the realtor. There are some realtors that are more investor friendly than others for sure, but one thing to keep in mind is that a realtor makes their money as a percentage of purchase price, so just speaking logically they're not going to be the one that's getting you the absolute rock bottom price.
However, for a first step into real estate they may be your answer. You'll also want to check out your local investment groups, and then spend plenty of time on this website learning how to do things like direct mail in order to nab your first deal. I'd recommend talking to @Jerry Puckett for this, he does a great job on direct mail campaigns and will probably lead to your first deal much more quickly than a realtor would.