Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

226
Posts
53
Votes
Miles Stanley
  • Realtor
  • Schertz, TX
53
Votes |
226
Posts

New REALTOR - need help setting up service partner contacts

Miles Stanley
  • Realtor
  • Schertz, TX
Posted

As stated, I'm a newly licensed REALTOR in San Antonio.  My primary motivation for getting my license was for my own investing purposes (sourcing leads, comps, showings, etc).  If i work with clients at all, it'll be in the future.

So i need to get to a point where i can quickly make my own offers.  For this, it seems i need to get a title company and a lender lined up.  I've worked with lenders before, but I'm a little stumped on how to select a title company.  What questions do i need to be asking them?  is this a formal process or do i just tell them "hey i want to use your company, what info do i put on the contract?"

Thanks

  • Miles Stanley
  • [email protected]
  • (210) 279-5133
  • Most Popular Reply

    User Stats

    284
    Posts
    201
    Votes
    Linda Hastings
    • Rental Property Investor
    • Stockdale, TX
    201
    Votes |
    284
    Posts
    Linda Hastings
    • Rental Property Investor
    • Stockdale, TX
    Replied

    @Miles Stanley One thing to be careful about with smaller towns is the economic drivers and employers and how that affects the need for rental properties. For example, a lot of the smaller towns down near the Eagle Ford Shale have a much higher demand for rentals when the oil business is doing well, but then those people go away when the oil industry slows down. Stockdale is a bit too far from San Antonio to get the people who want to rent but who don't want to live in a big city. There will always be some amount of rentals needed for local people, teachers and such, but, in general, I think your renter pool is smaller. Right now, I haven't seen much that even meets the 1% criteria; housing prices have gone up, but rent is still $700-900 range.

  • Linda Hastings
  • Loading replies...