What skills should my realtor have to help me buy an investment property?
Posted by Customer Service on Tuesday, December 7, 2021 at 11:12 AM
By Customer Service / December 7, 2021
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What skills should a realtor have to help me buy an investment property?
If you're getting ready to invest in real estate you might be wondering what kind of skills does the real estate agent you're going to be working with needs to have in order for you to be able to get successful rental properties and I think number one you absolutely need to make sure that the agent has experience with calculating cap rates and cash on cash returns and monthly payments and running comps on what the fair market rent and fair market comps for the property are if they're struggling with some of those basics then I might look at upgrading the other thing that I would also consider is does the agent you're working with also own their own rental properties if they do then they likely understand what it takes to run that business successfully if they don't you might want to consider working with a more experienced investor
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