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Updated about 7 years ago on . Most recent reply

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15
Posts
3
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Taylor Cu
  • Walnut Creek, CA
3
Votes |
15
Posts

First Property Update / Looking for a Real Estate Agent

Taylor Cu
  • Walnut Creek, CA
Posted

Hello BiggerPockets Members!

I'm still very new to the real estate investing game. I've been taking the time to study and analyze properties for about 4 - 5 months. After gathering up the courage, I finally contacted an agent and got connected with a lender and got fully approved for a loan value up to $291k! Turns out that I still qualify for occupying a property since I'll be living at home with my parents not paying rent. I was super excited because I felt like I was actually taking action and am now looking around the Sacramento area. 

I was assigned a real estate agent through the sister company of the mortgage lending company. She was sending me properties around the Citrus Heights area and I actually went through my first property walkthrough and my numbers seemed somewhat right (coming from my 6 month general contracting background haha). I was so excited that I was close to making an offer but realized I needed to run the numbers again to make sure and it turns out it wasn't what I was looking for. My real estate agent is out of Dixon and has been doing it for 3 years. But I've just been getting mixed vibes and feel like she is just trying to make some money from me and didn't seem to know the neighborhood.  

As a disclaimer, I let her know my plan of what I wanted to do with the property. I remember reading in one of the books that it's great to find a real estate agent that owns investment properties and my current one does not. Do any of y'all in the Sacramento area have any recommendations for agents??

Most Popular Reply

User Stats

61
Posts
58
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Meredith L.
  • Rental Property Investor
  • San Diego, CA
58
Votes |
61
Posts
Meredith L.
  • Rental Property Investor
  • San Diego, CA
Replied

@Taylor Cu I moved to Sacramento just a few months ago from the East Bay (Berkeley!). There are a number of investor-friendly agents located in the Sacramento ... if you're gut is telling you to find a new agent I would definitely reach out to some others. I'm sure @Gordon Cuffe has some good recommendations. I'll message you with some of my ideas as well!

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