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Old 08-04-2010, 02:29 PM
 
Location: Austin, TX
320 posts, read 456,693 times
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Are there realtors specialize in investment properties? Or are there just some realtors handle more investment properties and know more about rental market (or may list rentals) besides the general real estate market?
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Old 08-04-2010, 03:22 PM
 
Location: Salem, OR
11,026 posts, read 18,984,229 times
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Quote:
Originally Posted by cls88 View Post
Are there realtors specialize in investment properties? Or are there just some realtors handle more investment properties and know more about rental market (or may list rentals) besides the general real estate market?

Yes there are agents that specialize in investment properties. Often they are investors themselves.
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Old 08-04-2010, 04:06 PM
 
Location: Austin, TX
320 posts, read 456,693 times
Reputation: 154
Thank you. Could you please suggest ways of finding one?
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Old 08-04-2010, 04:12 PM
 
Location: Colorado Springs, CO
1,571 posts, read 3,524,346 times
Reputation: 1318
ASK. I found many Realtors don't have invesment property themselves.
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Old 08-04-2010, 04:22 PM
 
Location: The Greater Houston Metro Area
7,355 posts, read 8,104,612 times
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Do you know any investors to ask for a referral to a realtor? probably the best source.

I handle investment property in Houston and am surprised by the general ignorance of most realtors in this area. My people come from referrals from other investors. I will not handle someone out of the blue, the learning curve is too steep and it's a enormous amount of time.

I used to do investment seminars until it just got too much to fit in - possibly you can look in the newspaper to see if anyone is doing this in Austin. Go to the seminar and listen to see if they appear to know what they are talking about.

Not too keen on the investment clubs. It seems like what they are most adept at is parting you from your money for joining and "coaching", etc.
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Old 08-04-2010, 05:07 PM
 
Location: Mountain Ranch, CA The heart of Calaveras County
6,193 posts, read 11,651,744 times
Reputation: 4960
You could try looking at realtor.com and search for members that have a CCIM designation (Certified Commercial and Investment Member). I had that one in the early '80's, but I let it lapse when I moved to the country.
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Old 08-05-2010, 02:33 AM
 
10,653 posts, read 6,583,196 times
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If you're asking this question, i'd invest elsewhere.
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Old 08-05-2010, 05:45 AM
 
Location: Dallas/Ft. Worth, TX
1,251 posts, read 2,862,877 times
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Quote:
Originally Posted by cls88 View Post
Thank you. Could you please suggest ways of finding one?
You can easily find these RE Agents that are also investors by looking into the local real estate investment clubs. One of the best places to find a list of these is on meetup.com. I checked the Austin area and see over a dozen different investor groups. Most of these meetup group listings will allow you to view the member list, and RE Agents normally indicate their business there. I've met some really nice RE Agents at these groups.

Good luck on the search and if you have any inspection questions let me know I would be happy to answer them for you.
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Old 08-05-2010, 08:22 AM
 
Location: Simmering in DFW
6,899 posts, read 10,202,388 times
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You could join the TXREIC, its free,

Texas Real Estate Investors Circle
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Old 08-05-2010, 08:24 AM
 
Location: Austin, TX
320 posts, read 456,693 times
Reputation: 154
Thank you all for the suggestions.

I think all I need is a hard-working realtor who really want to do a good job and build a long working relationship with his/her customers, who doesn't just push customers closing a house quickly so he/she can make the commission, and can tell me "these are the areas that we can look into ", "this is the rent generally in these areas" and "this is what I do and charge for renting out the house for you", etc. All I want is to buying one property for now. Since I am not in a hurry, I will take the time and find a real good one. Thank you all again!
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