Looking for agent to buy investment property

[Eric Li]

Hey BPers,

I’m a new real estate investor in east bay, and I’m looking for an agent to help me buy a rental property to hold long term for cash flow. Specifically, I’m looking for cash-flowing single-family homes (3+ bedrooms) or multi-family homes in which I can live in one room / unit, and rent out the rest. Given the market and property values, I’m looking for properties that need work or are owned by motivated sellers that I can purchase below market if possible.

The ideal agent would have some or all of these characteristics.

• East bay native or primarily works with east bay clients
• Has invested themselves or worked with investors before
• Has track record of finding off-market opportunities

Know of a great agent that fits the bill? Would love to get their contact info. Thanks in advance for your help!

Eric

[DG A.]

I'm working with Israel Gonzalez, he used to be the leader of a door-knocking team for a construction company in Oakland, that served the whole east bay. He still knocks doors as a means of finding listings, so he actually finds off-market stuff from time to time. You should keep in mind though, that most sellers that want to sell off market are sellers who's buildings don't qualify for standard conventional financing (because they're in bad shape). 

Anyway, he knows east-bay neighborhoods really well. It looks like he checks off everything on your list. Full disclosure, he is my dad, so grain of salt there, but might be worth a call for you two. If you're interested, PM me, and I'll connect you.