Looking for a realtor to find rehab properties in Houston, TX

[Veena R.]

Hello,

I am looking for a realtor that specializes in finding distressed properties to rehab and to either flip or hold as rentals in the following areas of Houston; Sugar Land, West Houston, Katy, Cypress, Northwest Houston.

I'll let you know however thatI am new to house flipping, but ready and eager to learn and review available properties. Please contact me if you have any recommendations of realtors in this area of Houston. Currently, I own a rental property in Richmond, TX (not a flip BTW) and am very interested to increase my portfolio.

I would appreciate any recommendations for general contractors in the area as well.

[Robert Haney]

I don't mean to be negative, but since about 98% of agents are retail oriented it is extremely difficult to find an agent to bring you flip houses. An agent to find rental properties is more practical and yet still very difficult. 

You'll be much more successful monetarily finding properties yourself. You do the searching and comps yourself and prepare your offer. Then find a Realator who will simply email your offer (read: "do no work") for 1/2% to 1% and rebate the remaining commission to you. 

You can also use Wholesalers but they are just a little better than RE agents for finding deals and generally much more dishonest (some must be honest but I haven't found one. Read: BEWARE)

I started 21 months ago. I own 7 rentals in Richmond and 1 in Sugar Land. I've done 7 flips in the area. I wasted a lot of time with RE agents who generally had poor deals for this investor.  (There is a strong tendency for agents to keep good deals for themselves and family, I hear. )