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Updated almost 6 years ago on . Most recent reply

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Josh Walker
  • Rental Property Investor
  • San Diego, CA
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How to make easy for Realtor to work with out of state investor?

Josh Walker
  • Rental Property Investor
  • San Diego, CA
Posted

I'm starting the process of building a network of realtors and wholesalers in KS MO with the intent of purchasing multiple SFH and 2-4 unit properties. My question is, how can I make it easy for a realtor or wholesaler to work with me (I'm out of state)? Are there any things I should bring to the table on an intro call?

I have my criteria for what I'm looking for: property location, type, price, condition, etc.

Should I have a preapproval prior to talking with realtors?

Thanks! 

Most Popular Reply

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Aaron K.
  • Specialist
  • Riverside, CA
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Aaron K.
  • Specialist
  • Riverside, CA
Replied

@Josh Walker the best thing you can do is have realistic criteria, just as you wouldn't go to a realtor in San Diego and ask for a 10% cap rate don't waste their time if your expectations aren't realistic. This includes preapproval, you can want to buy multiple properties all you want but if you can't get approved for even one there is not much point talking to local realtors. Ask to be put on the drip, new houses that come on MLS daily, make a visit out to the city so they put a face to the name and understand you aren't tire kicking.

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