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Updated almost 9 years ago,
Agent working with investor strategies
Hello fellow Pocketeers,
I'm new to the forum. I'm a real estate agent. I own several properties. I live in Chicago.
That being said - I would like some insight as to how much information is too much (if possible) when working with investors as their agent. I'm also curious what should an agent provide their investor clients.
I am in love with the rental and flip calculators here on BP and have been using it non-stop to analyze deals for my personal use. Would it be recommended to show/send my investor clients the PDF version of the results from the calculator? What are the key documents and pieces of information that should be sent to an investor client? My usual analysis is a simple NOI, market trend graphs of the neighborhood in comparison to the overall market in the city, comps, and some other documents depending on the potential purchase. What I'm getting at is that I do not want to overwhelm the investor with an onslaught of information...however is there such a thing as too much information?
The investors I usually work with (for now) are looking at 3-15 unit multifamily buildings in up-and-coming neighborhoods. The values usually range from $550-$3million and all depends on the particular client. I want to be excellent at guiding my clients into purchasing a great property. Any and all advice is very much appreciated.
Thank you!
- Edouard Pierre