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All Forum Posts by: David Cardoso

David Cardoso has started 1 posts and replied 11 times.

Post: Why aren't realtors investing?

David CardosoPosted
  • Indianapolis
  • Posts 11
  • Votes 12

There truthfully could be a variety of reasons, of which many are market dependent. Have you asked the agents in your office if they have a RE investment portfolio? On the surface, it may not seem like they invest because they do not talk about it unless asked. Many of the agents I work with choose not to own rentals because they do not want the hassle of managing it, and they would make more ROI investing in their active agent/brokerage business. I have met other agents in my office that all they do is Flips and do not work with traditional clients, only other flippers and flip groups. I have been recommended by experienced agents to reach out to the local Chamber of Commerce to attend networking meetings and to see if there is a real estate investors association in my area. I would reason to say this advice should work for most new agents. This would allow you to make new connections, and if NOVA is anything like Indiana, you will find investors and agents with experience gravitate towards these groups. Hope this was of some help.