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Behind every investment property is a successful investor, but that successful and savvy investor found success with the help of other experts in the single-family residential industry. Top producing Senior Account Executive Jose Salcedo breaks down a team of experts he sees his clients partnering with to find to build wealth through rental properties:
Now we aren’t talking just any realtor, we are talking about top realtors in their local markets. Investors can find investment opportunities across the nation in countless markets, but it’s not always feasible to visit a property the second it hits the market. Having an active realtor on your team is vital. Many realtors work specifically with investors looking to grow portfolios and understand that cash-flow and the value of the property as a rental is different that obtaining your average second mortgage. Many investors use realtors across the nation for their expertise in their local markets,which is insight you can’t find with a simple Google search. Find a realtor to partner with, they may even be able to find you investment properties before they hit the market!
(definition by Spark Rental:) Traditionally, most turnkey property sellers were real estate flippers. They would buy properties in strong rental neighborhoods, update them, and sell them to long-term rental investors.Turkey property sellers can be an investors best friend. Not only do they have valued properties investors can obtain from them, but they also have experience and historical insight on properties, which can help investors better evaluate investments based on historical data points. There are times, turkey property sellers are willing to continue to partner with you as a property manager for the property they’ve managed for years.
Connect with Senior Account Executive, Jose Salcedo today!