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OK!!!!! I get it. Most of you are not using Pro Realtors. I'm sure you do it better on your own. I was just curious.

I was curious how many investors use Realtors as buyers agents when looking for great deals that are listeed in MLS.

If not why?

Here is a great article about why you should.

http://www.reiclub.com/articles/buyers-use-agent

The best way to get comps is to compare properties through your local MLS. I know everyone wants to get the best deal possible. Most Realtors won't waste their time working for you if they won't get paid. Just like you would not flip or rehab a house for free, however I have investor friends that send me referrals when ever they can. Any time they need a comp they get it.

Not sure where you are and it's different in every state, but here in Texas you can hold your license in an inactive status untill you decide to work for a broker. In Houston I don't think you would have any Brokers contacting you. There are more then enough agents to go around.

I'm both. Sure I have to disclose that I'm an agent but thats not a disadvantage. I did not learn anything in RE school except how to pass the test. Everything I learned about investing I learned on my own. THE BOTTOM LINE, If you want to be a RE agent get your license. Other wise no need to do both.

Sounds like the listing agent is trying to scare you. Shame on him/her. As long as you had a third party financing condition addendum and followed what it said they can't do anything to you.

Yes they are low income housing.

Here is how it works in Texas. The state of Texas gives a developer a federal tax credit to build or fix up 'low-income housing.

The government sets down guidelines about who can get into the various housing programs, it uses a statistic called the "Percent of Area Median Family Income" (or "Percent of AMFI").

Basically, the AMFI for a particular city is the amount of money that a typical family in that city makes per year. So if people say that your family is at 50% of AMFI, they mean that your family's income is around 50% of the income of a typical family in your city.

Trammell Crow Company is one of the largest developers of low income tax credit properties in Houston.

If you have a trusted relationship with your agent (and you should before you agree to work with them) don't be scared to take their advice on inspectors. Good agents will give you a list of very good inspectors not just one.

I'M A REAL ESTATE AGENT HERE IN HOUSTON AND MY PRIMARY BUSINESS IS APARTMENT LOCATING AND RENTALS. HERE MOST YOUNGER PEOPLE (ROOMATES) WANT 2 BATHS SO THAT THEY HAVE THEIR PRIVACY. HOWEVER COUPLES WOULD RATHER HAVE THE LAUNDRY. TRY TO FIND OUT WHO YOU WANT TO MARKET THE PROPERTY TO AND THAT WILL HELP YOU DECIDE.

Midtown Houston you could get a 2 bed 2.5 bath 2020 sqft Townhome TILE IN THE ENTRY, KITCHEN, AND BREAKFAST AREAS, HARDWOODS IN LIVING & DINING ROOMS, CUSTOM BUILT-INS THROUGOUT. LOFT OFF MASTER BEDROOM WITH SURROUND SOUND AND BUILT-IN ENTERTAINMENT CENTER. CORIAN COUNTERTOPS, DESIGNER PAINT. EVERYONE WANTS A MIDTOWN LOCATION.