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Updated over 2 years ago on . Most recent reply

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19
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Justin Moser
  • Investor
  • Collegeville, PA
10
Votes |
19
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Looking for a real estate agent for Poconos

Justin Moser
  • Investor
  • Collegeville, PA
Posted

Hello-

I am looking to connect with an experienced real estate agent who works throughout the Poconos region in PA.  Someone strong in working with investors aiming for AirBnBs.  Thanks in advance for the connections.  

Cheers

Justin 

Most Popular Reply

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8,796
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5,420
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Drew Sygit
#2 Out of State Investing Contributor
  • Property Manager
  • Royal Oak, MI
5,420
Votes |
8,796
Posts
Drew Sygit
#2 Out of State Investing Contributor
  • Property Manager
  • Royal Oak, MI
Replied

@Justin Moser

Why does everyone want to start with an agent, when 95% of agents really only know how to work with owner-occupied properties?

Don't believe us? Ask agents what the Cap Rate, ROI or Cash-on-Cash is on a property they recommend you buy!

You should be building a team to maximize your probability of success!

While building your team, it's important you understand the motivations of everyone on your team.

Property Management Company (PMC): No one else on your team should be as vested in a long-term relationship with you as a PMC. They will have to manage whatever you buy on a daily basis until you sell the property or terminate them. You need to find a good one though, that is honest & competent. An honest PMC's incompetency will still cost you.

Sourcing: whether agent, wholesaler, flipper, etc. many only have a vested interest in a transaction. You want to find ones that are vested in developing a long-term business relationship with you. Otherwise, they will screw you for their own compensation.

Inspector: You want an unbiased and competent professional that will properly do their job and document it.

Contractor: Finding contractors that don't cut corners and overcharge is EXTREMELY difficult. Even if they are referred, you really don't know until AFTER they've done a job. The other 3 above should be able to provide referrals, but don't blindly trust anyone!

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Logical Property Management.
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