First Property Update / Looking for a Real Estate Agent

4 Replies

Hello BiggerPockets Members!

I'm still very new to the real estate investing game. I've been taking the time to study and analyze properties for about 4 - 5 months. After gathering up the courage, I finally contacted an agent and got connected with a lender and got fully approved for a loan value up to $291k! Turns out that I still qualify for occupying a property since I'll be living at home with my parents not paying rent. I was super excited because I felt like I was actually taking action and am now looking around the Sacramento area. 

I was assigned a real estate agent through the sister company of the mortgage lending company. She was sending me properties around the Citrus Heights area and I actually went through my first property walkthrough and my numbers seemed somewhat right (coming from my 6 month general contracting background haha). I was so excited that I was close to making an offer but realized I needed to run the numbers again to make sure and it turns out it wasn't what I was looking for. My real estate agent is out of Dixon and has been doing it for 3 years. But I've just been getting mixed vibes and feel like she is just trying to make some money from me and didn't seem to know the neighborhood.  

As a disclaimer, I let her know my plan of what I wanted to do with the property. I remember reading in one of the books that it's great to find a real estate agent that owns investment properties and my current one does not. Do any of y'all in the Sacramento area have any recommendations for agents??

@Taylor Cu  I moved to Sacramento just a few months ago from the East Bay (Berkeley!). There are a number of investor-friendly agents located in the Sacramento ... if you're gut is telling you to find a new agent I would definitely reach out to some others. I'm sure @Gordon Cuffe has some good recommendations. I'll message you with some of my ideas as well!

Okay thank you Gordon! Messaging you right now. 

Originally posted by @Gordon Cuffe :

@Taylor Cui used to own a rental house in Citrus Heights . You can pm me with any questions about agents and investing here and out of state . 

Thank you for the response Meredith! I'll send you a message right now. 

Originally posted by @Meredith L. :

@Taylor Cu I moved to Sacramento just a few months ago from the East Bay (Berkeley!). There are a number of investor-friendly agents located in the Sacramento ... if you're gut is telling you to find a new agent I would definitely reach out to some others. I'm sure @Gordon Cuffe has some good recommendations. I'll message you with some of my ideas as well!

Join the Largest Real Estate Investing Community

Basic membership is free, forever.