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Updated about 5 years ago on . Most recent reply

User Stats

56
Posts
18
Votes
Ivonne Pinedo
  • Realtor
  • Miramar, FL
18
Votes |
56
Posts

Looking for advice. Need to review my strategy.

Ivonne Pinedo
  • Realtor
  • Miramar, FL
Posted

Hello BP! I am a new investor looking for properties under $100k to buy and hold in Florida. At this time my main goal is cashflow.

The market in my area -South Florida- is out of my price range, so long distance investing is the way to go. Thinking about my core 4, I have the lender, contractor, and have property management lined up for the different areas I am looking into, no boots on the ground yet. The issue I have is actually finding an agent willing to work with me. I have contacted agents found in the network section but have not been able to really get started. I understand commission on properties under $100k might not be much but it is my starting point. I have financing ready, I am ready to submit offers, I know what I am looking for and communicate it. I just feel stuck to the point I already enrolled to get my own real estate license but I don't want to wait until I get my license to start submitting offers. What am I missing? Long distance investing requires a team to work. How can I improve? Any and all advise is welcome and appreciated! -Ivonne

Most Popular Reply

User Stats

834
Posts
449
Votes
Danny Webber
  • Real Estate Broker / Investor
  • Austin, TX
449
Votes |
834
Posts
Danny Webber
  • Real Estate Broker / Investor
  • Austin, TX
Replied

@Ivonne Pinedo. See if A broker or agent will allow youbto become their assistant on the mls's so you can search for your own properties.

Or

Find wholesalers

Or

make weekend trips and drive for dollars while looking at properties

Or

Contact prop mgt companies to see if any owners want to sell their rentals

Or...

  • Danny Webber

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