Agent looking for investment properties
4 Replies
Breahna Sutton
posted about 1 month ago
I am a new real estate agent and I want to be able to find good investment properties for my investors. Where would be a good place to start looking? I appreciate the help!
Ofer Eyal
Investor from Israel
replied about 1 month ago
@Breahna Sutton Hi and welcome.
In a volatile flippers market I'd look for markets that are good both for flipping and BRRRR (as exist strategy in case the market goes down in the time between buy and sell).
Bare in mind that different classes may mean different locations. Like DFW TX might be a good market for flippers with min of 500K budgets while Atlanta GA might accommodate those with 150K on the same grade of neighborhoods.
I love it that you reach out to your intended audience for gauging the needs.
Good luck!
Curtis Rouse Jr
Realtor from Atlanta, GA
replied about 1 month ago
Hey @Breahna Sutton congrats on getting your license! So I'm an investor/realtor myself and I would recommend taking a wholesalers mindset by doing things driving for dollars, pulling probates/tax liens, code violations, door knocking and I would get a PropStream account that allows you to pull data as well. With it being a hot and competitive market here in Atlanta and most surrounding areas you have to get creative and do a lot of cold calling to get good deal that most investors are looking for. The listed properties have mostly been picked over and most don't provide an opportunity for investors like the off market properties do. Who knows you might find something you want to keep for yourself as an investment. Best of Luck and feel free to message me if you have any additional questions!
Breahna Sutton
replied about 1 month ago
@Curtis Rouse Jr A lot of valuable feedback, thank you! I’m going to make a ProStream account right now.
Breahna Sutton
replied about 1 month ago
@Ofer Eyal I really appreciate you taking the time to respond to my question. Thank you for your feedback!