I am looking to get into my first real estate deal (house hacking). I've spoken with several agents and found out half way through our conversations that most of them knew LESS about house hacking and investment properties than I do! What avenues do you all suggest to find an agent who has done several investment deals and can help me grow as an investor?
Hey @Addison Robertson , that's a great question and I would say that you're in the right place to find an agent (or at least have a better chance of finding an agent) who understands house hacking in general. I've found that typically agents who are active on Biggerpockets tend to have a solid understanding of investing, and are well connected in their local investment community.
I'd recommend searching the forums for posts about your local area and then trying to find which users are most actively posting in discussions about investing in your area, whether they are agents or not. Reach out to those people and ask if they have an agent they work with for investing, and if they'd be willing to share that agent's contact information.
Hopefully that's helpful, and I wish you best of luck with your house hacking journey! My wife and I just started house hacking our first home and love it.
@Addison Robertson Welcome to BiggerPockets! BP is a great place to find people, both virtually and in real life, who are doing the type of investing you are looking to do. You can find local meetups in your area by going to Network>Events up in the menu bar. I’ve found that people in the BP community are incredibly friendly and willing to help.
@Tony Clark hit the nail on the head. Start messaging agents on here who are in your area. Connect with them either in person or via zoom.
When it comes to selecting a realtor to work with some may ask you to sign an agreement that you work with them exclusively. This is nice for the agent because it's really frustrating to work with and educate someone for an extended period of time, show them a bunch of properties, and then find out they used another agent to purchase the property. It's not bad to just ask a realtor questions. However, it is courteous if you are going to ask them questions, you let them know you're just educating yourself before you purchase (and if you are speaking with other agents) and to offer to buy them coffee/lunch/a beer. If you like them, and they seem competent, then use them. If you're comfortable signing an exclusive agreement with them then do so. If you do sign such an agreement you can usually terminate the agreement at any time simply by notifying them in writing (email works).
A good way to weed out agents would be to ask them if they've worked with house hackers before. If they say "no" or "what's that" then move onto the next!
@Chace Fraser thank you so much! I'm new to the bigger pockets mobile app, is there a way to search by area?
@Tony Clark that's reassuring to hear and congratulations! Thank you for the information
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