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Updated over 8 years ago,

User Stats

49
Posts
14
Votes
Jimmy Nguyen
  • Bealeton, VA
14
Votes |
49
Posts

Spec homes and rentals - looking for real estate agent in VA

Jimmy Nguyen
  • Bealeton, VA
Posted

Hello,

I have been working with one real estate agent for the past 8 years now. She helped me buy and sell my first house and helped me to purchase my first land deal, where I have built two houses (well, one of them is still a few months away from getting the Certificate of Occupancy). However, I do not believe she is the right fit for my next venture, which is building spec homes and finding rental properties. These two ventures are related, but will be managed by two different entities/businesses that I will form. I want to look for both land deals to build a spec house and rental properties that can cash flow. Whichever deal makes sense at the time I want to act upon.

The first few deals (land and rental properties) I intend to do all cash in order to get a better price. At least for the rental properties, I hope to refinance later in order to free up cash to make more investments. I am not ready to make any deals until middle to late 2017. In the meantime, I am finishing construction on my second home and will get a Class A Builders License in Virginia so I can become a General Contractor for my spec home builds. I also have to setup my construction business. For my first couple of spec builds, I want to focus on the Northern Virginia area (Fauquier, Prince William, Loudoun, Fairfax). For rental properties, I am open to extending the geographic area to most of Northern Virginia and Southern Maryland.

I am looking for an Investor Friendly Real Estate Agent that I can work with on my first couple of deals. Being able to facilitate in finding and analyzing deals would be of great benefit to me as I am just beginning. Of course, being a Bigger Pockets member is a big plus so that is why I am starting here first for my search for a good real estate agent. I would like to see separate MLS listings of land/lots and good potential rentals for my desired geographic areas. Again, I won't be making any deals for at least another year. As long as you are patient with me in this respect, know that I intend to build some beautiful, energy-efficient, and profitable houses as well as purchase enough rental properties so that I can have more financial freedom.

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