All Forum Posts by: Laura NA

That is very true and I got him from my father on the recommendation that he is good. I was not gonna move on to a new realtor because he did show me a couple properties and use his time but I don't like the feeling of being pushed and based on the answers I'm getting here it's the right thing to do. 

Hey thanks for your reply. I have been wanting a 2nd property for many years but I didnt feel financially comfortable with the idea of buying a 2nd one until now which is my early 30s! I did view five properties with the agent over 6 months that I thought I absolutely would buy but when I viewed them I found issues that I thought to costly to repair. I think it takes time and I need to find an agent who will be patient and understand that. I agree their are high costs with having the license just for personal purposes. 

 Thanks for your response. I agree maybe it's just the market because a three unit that costs $600,000 in just an ok area should not need another $50,000 to bring it up to code. Also, I totally get realtors work for free until a sale, but the way this guy is pushing just makes me wanna gravitate away. I also tried to always attend as many open houses as possible to not waste his time and went as far as contacting the listing agent myself before him for properties I am interested in.

 I will definitely try this, and I usually escalate with anything else if needed to but never thought to do it for realtors as well after they insist having my agent call them to see the property. I appreciate your honesty and advice because it's let me know I am going in the right direction. 

I appreciate your response and I couldn't agree more with your comment that "99% of real estate agents are trash." I have been working on getting a license so I can get access to the MLS myself. Are their any other ways to do it without a license? Currently, when I see something and contact the listing agents myself I get the s******* responses from the listing agents.

Hello everyone,

I am new to this forum and I have been watching it for a few months now waiting for the right time to post. I will try to keep this short and I appreciate any and all info given. I have been looking to purchase a second property as an investment for about one year now and it wasn't until last year that I began actually touring multiunits in Chicago and in the Chicagoland suburbs.  I got my realtor from my father who was big into real estate investing over 30 years ago and did very well until some big life's problems came his way which forced him to sell all his buildings. I have probably viewed about five or six properties in person and look at realty sites at least twice a day. I just viewed what looked to be a beautiful 3 unit in the photos a few days ago, but when I got there it was apparent the building had a natural gas smell in the basement, plus the owner pays all heat for the building since there is only one furnace. Also an electrical meter was missing on the outside and I just saw two leading me to believe the building wasn't even a legal three-unit so for the high price my dad and me agreed to pass on this one as well.

A few days later I got a rather angry call from my realtor asking me why I keep passing on good buildings and what's going on? He said your dad comes from a different age where things were maintained differently and that I need to make a move if I want something. Now I know realtors are salesmen and middlemen and I am not a huge fan of them in general but I can't help but wonder if he is right about this. He said every building is going to have some problems with it, but I guess I keep comparing it my first home which I got really lucky with as it was new construction and I didn't even use a realtor to buy it. Does everyone think this is true, are all buildings going to have issues with them, and I am not referring to cosmetic ones? I also think many buildings I view are super outdated and I view the landlords as just milking the buildings and not putting money back into them so I view it as buying someone's else problem. I also think the current climate to buy is bad and has been for a while now with no end in sight. I am eager to buy to here everyone's thoughts as to whether I am too picky or is the realtor wrong and just trying to make his money quick?