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Updated almost 2 years ago on . Most recent reply

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8
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Manny Apodaca
  • Investor
1
Votes |
8
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1ST TIME HOME BUYER, HELP!

Manny Apodaca
  • Investor
Posted

Buying a condo in Southern California as a primary home, long term, house hack, BRRR, 1ST time, investment....

1. What are possible pro/con of using/not using a real estate agent to close 1st deal? 

2. Pro/con of using seller's real estate agent instead of your own, to close 1st deal?

3. Can a real estate lawyer be enough to close 1st deal?

4. Any and All advice for a 1st time primary home investor?

Please and thank you!!!

Most Popular Reply

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238
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156
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John Slater
  • Real Estate Coach
  • Riverside County, CA
156
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238
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John Slater
  • Real Estate Coach
  • Riverside County, CA
Replied

Hey Manny, coming from being both and investor and agent in so.cal.

1. Do you have the experience to buy your own property and not have someone who knows their stuff look out for your interest?

2. The sellers agent is: 1st the sellers agent, 2nd your agent.... We aren't in the market right now where working with the sellers agents is a leg up over using your own agent.

3. No idea, never heard of a real estate attorney doing it in cali.

4. Find a property that makes sense for you, assuming the numbers make sense, is if a property that will rent to cash flow when you decide to move on.

On a separate note, as the buyer you aren't paying for the agent, the seller is, so why not use one when it comes for free to you??

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