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Updated almost 2 years ago on . Most recent reply
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Adding Value as an investor's agent
Hey BP Family!
I'm looking for different tips or suggestions that I can add to my notes on what information or tools I should be using when presenting deals to investors. What rules of thumb do you think I should keep in mind when having my spreadsheets and pictures/videos of the property presented to a potential buyer?
I'm already focused on knowing estimated repair costs based on multiple bids from accredited contractors. Knowing the cap rates and ARV, knowing what comparable rents are going for (I'm focused on Multifamily assets). Understanding the trends of what's happening in the area in which the property is located (Ex. Commuter rail station stop being built nearby, the distance from grocery stores/hospitals/public transportation, etc.)
Please let me know what recommendations you have, I want to be of value - I'm not just looking for a quick buck on one deal.
Warm regards,
Ariff M !
Most Popular Reply
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@Ariff McLaren I 110% second @Kyle Momany here! As an investor, when I’m trying to find an agent to use in a new market, I love when agents provide what Kyle has listed, and ALSO, an agent I can trust 100% not try to force deals upon us just for the commission. Once you bring a few deals to an investor, you will be their lifelong agent as long as you can provide value in some sort of way. I love when an agent brings me an exclusive deal that not many have access to, like a great seller financing opportunity etc.
Best of luck!