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Updated almost 4 years ago on . Most recent reply

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James Roche
  • Real Estate Agent
  • Boston, MA
7
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5
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Tips for an agent working with investors

James Roche
  • Real Estate Agent
  • Boston, MA
Posted

Hello,

Does anyone have tips for real estate agents working with house flippers/other investors? What makes for a good experience in relation to buying and selling homes? What can an agent do to make your life easier? TIA

Most Popular Reply

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Evan Polaski
#5 Multi-Family and Apartment Investing Contributor
  • Cincinnati, OH
3,570
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3,900
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Evan Polaski
#5 Multi-Family and Apartment Investing Contributor
  • Cincinnati, OH
Replied

@James Roche, know the difference between a deal and a property for sale.  A deal has profit available either through the flip or as a rental.  A property for sale is just that, and in no way implies I can make money off it.  

More detailed list: know my investment criteria and send me opportunities in that area with any other thresholds. Know ballpark how much renovation is going to cost. Know ARV. Know rental rates for the market. Know whether a property you bring me can get by with a basic renovation or a needs a full rehab.

Every investor will look at a project with their own eyes, but if you can continue to prove your budgets align with investors, your ARVs are accurate, and most importantly, you can dig up properties that are unlisted, soon to be listed, have a motivated seller, know the seller's motivations, etc and can share that, you could quickly build your way to the top of my list.

  • Evan Polaski
  • [email protected]
  • 513-638-9799
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