Should become an agent for my own deal
So here is the deal, I would love to hear your opinions.
I have money in an apartment complex here in Oregon I own roughly 1/4 of it, and have been totally passive in the operation. The complex is going up for sale fairly soon. One of the owners is a commercial broker and is selling it, which is fine. But I was thinking I should be my own agent and find and close the deal when I buy the next place, and keep commission myself or subtract it from the price of the complex. I think the next place will be 600k to 800k (assuming a down payment of 25-30%). I feel I know the market as well as anyone and understand valuations etc.
I was hoping in addition to buy an additional duplex-quad next year which I could get a commission on as well.
I love investments and real estate but I don't want to be an agent for others unless it fell in my lap. I'm not what you would call a schmoozer.
Have you ever thought of doing this for yourself. I don't think anyone will do as good a job for myself as me. What say you. Thanks again.
Eric