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Updated almost 6 years ago,
Building the team - Questions to ask your Real Estate agent
As a new investor in Philadelphia I keep hearing your team is very important to help leverage your time and skills. Therefore, this evening I have my first meeting with my first Real Estate agent. It got bumped uo due to an opening in my schedule. I live in an apartment myself so I have not even used one to purchase a personal home yet. I know the basics of what to ask them such as the types of properties, locations I have deemed as my market and my financial limits, but I am not sure of the meat and potatoes of what to ask them. I've come up with a few more questions but would appreciate some feedback to make this a valuable meeting.
Additional Questions:
1) There experience working with other investors (How long and if the find it valuable)
2) Recommendations for other team members (contractors, lenders ,ect)
3) Market information such as ARVs, average rents, growing/declining markets
4) How available are they (ie. Are the hungry?)
Any other questions you had or how to tweak the ones I came up with would be appreciated.
Thanks BP Family!