Teaming up with a real estate agent to find houses to fix & flip

[Rebecca LeBrun]

Hi BP! I am new to real estate investing (meaning I currently have no deals under my belt) and I feel like I'm finally ready to get my feet wet. I read about people teaming up with a good agent to help them find deals. I wanted to ask you all if this is a good move for me to do? I personally know a few agents and I've been considering reaching out to them about teaming up with me to find houses that need to be rehabbed. My goal right now is to find a good deal on a house that needs fixing. I would fix the house up and then put it back on the market to be sold for a profit. Has anyone ever worked with an agent before? Do you end up splitting the profits made from the flip or does the agent make commission only from the initial purchase? I just want to get a clear idea on how this can work for me. Thanks!

[Greg Horn]

Aloha @Rebecca LeBrun!! I'm originally from River Edge, NJ, next to Hackensack. I've gotten to know @Darren Sager from his time on the BP Podcast and then @Brandon Turner introduced me to Darren when Brandon was visiting Kauai. Darren is a wonderfully knowledgable Investor and Real Estate agent that works with investors in New Jersey. He does exactly what you're looking for help with. I highly suggest you talk to him.

You kids have fun now!

Greg