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Updated about 6 years ago on . Most recent reply

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36
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16
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JoJo Tucker
  • Real Estate Agent
  • Sebastopol, CA
16
Votes |
36
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Investor-Friendly Houston, TX Realtors

JoJo Tucker
  • Real Estate Agent
  • Sebastopol, CA
Posted

Hello Everyone,

I have been configuring a contact list of prospective investor-friendly Houston real estate agents that I may like to work with to assist my search in buy-and-hold properties. I am asking the BP community if they have any recommendations. I am looking for an agent who:

- has experience working with RE investors

- has experience working with out-of-state investors

- understand the necessary metrics in finding a cash-flowing property (ROI, Cash-on-Cash, etc.)

- has extensive knowledge of the local market and demographics

- who may have invested in RE buy-and-hold properties themselves

Any referrals are greatly appreciated. Thank you so much!

Most Popular Reply

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3,802
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Cody L.
  • Rental Property Investor
  • San Diego, Ca
4,468
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3,802
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Cody L.
  • Rental Property Investor
  • San Diego, Ca
Replied
Originally posted by @JoJo Tucker:

Hello Everyone,

I have been configuring a contact list of prospective investor-friendly Houston real estate agents that I may like to work with to assist my search in buy-and-hold properties. I am asking the BP community if they have any recommendations. I am looking for an agent who:

- has experience working with RE investors

- has experience working with out-of-state investors

- understand the necessary metrics in finding a cash-flowing property (ROI, Cash-on-Cash, etc.)

- has extensive knowledge of the local market and demographics

- who may have invested in RE buy-and-hold properties themselves

Any referrals are greatly appreciated. Thank you so much!

My guess is a lot of first time RE agents start out trying to be 'investor friendly' but give up after the 100th out of state investor asks them to send their 100th 70%-of-asking LOI and after 6 months of running all over and calls, and emails, and being laughed at by selling agents, they stop.

Not trying to paint all investors with a broad brush (hell, I'm an investor), but most agents don't want to bother.   The best way to find deals is to setup search criteria in HAR and when you see a deal you like come your way, reach out to the sales agent and make an offer.  If it seems like there is a deal to be had, **THEN** loop in an agent for their help with a showing, contracts, etc.    

But if you think there is a stable of agents who are out there to send investors quality below market cash flow deals, you're mistaken.  Not trying to be a deek, just saying the truth. 

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