Looking for my first deal!

4 Replies

I'm looking for my first deal to BRRR. I have a partner who is ready to invest with me ,but I'm going back and forth on whether I should search for my own deal and try to analyze it myself or should I find a realtor who specializes in foreclosures and investment properties? I know I should still research and analyze a deal myself even with a realtor but just wondering should i have that extra experience with me so I can have additional assistance? Thanks!

Originally posted by @Robert Nelson :

I'm looking for my first deal to BRRR. I have a partner who is ready to invest with me ,but I'm going back and forth on whether I should search for my own deal and try to analyze it myself or should I find a realtor who specializes in foreclosures and investment properties? I know I should still research and analyze a deal myself even with a realtor but just wondering should i have that extra experience with me so I can have additional assistance? Thanks!

Hello Robert,

First off, congratulations on taking a big step towards your first deal!

I highly recommend speaking with a local realtor who understands what you're looking to accomplish and can point you in the right direction. In many instances, you do not even have to pay for having representation.

That being said, I totally agree with you... you SHOULD still research and analyze you're own deals.

Best of luck during your search!

Abel

 

I agree w/ Abel. It shouldn't cost you anything to use a realtor on the buy side. That is usually paid by the seller. Also, the agent should have referrals and recommendations on how to sell the property better, faster and for more money. Make them EARN their money

@Abel Curiel Thank you !! I definitely think that’s the route I’m going to take. So many people i know get caught up in wholesaling and searching for the deal first by themselves. I was guilty of doing that also but i have some money and a partner i want to take a different route.