There’s a question I get an awful lot from people… how do I find a local, investor-friendly leasing agent/realtor/bank/property manager/title company?
Before I give you the answer, I’ve got to tell you this: you’ll need to find more than one professional of each type. You’ll need to interview several people because you’re going to get a lot of “no’s” from folks.
For instance, someone might tell you that lease options are illegal or that they don’t do double closes. That’s fine. Just move on and look until you find the right person who truly is investor-friendly.
You can go to any city in the US and find these people. First, go to Facebook and look for investor groups. I did a quick search for Cleveland, OH, and instantly found 3.
You can send messages to group members to find out who they use for XYZ. Or, you can check out the comments section and find recommendations there.
When you ask questions of investors, be specific. Don’t ask to pick their brain. Why should they spend their time answering 20 of your questions? Just ask for a title company or a realtor or whatever.
You can also look on Bigger Pockets. Input a city name and you’ll find people that either are investor-friendly professionals or know investor-friendly professionals. Be REALLY nice on Bigger Pockets.
Meetup.com also has real estate investor groups. You can find REIA meetings on Meetup, then go to them and ask attendees for recommendations. Some attendees may even provide the service you need.
That’s just a couple of the sources I recommend in this episode for finding the service providers you need to get things done.
A listener asks for leads on national title companies, property managers, etc. Listen to hear why I don’t recommend using a national company.
Also, if you’re doing a deal in a rural area and can’t find help, go to the nearest big city.
You’ll hear numerous ways to find investor-friendly professionals in local markets. Do as I suggest and you’ll also meet other investors and get a feel for what’s perking in the area.
Listen and Learn:
- Be prepared to talk to a lot of realtors/property managers/banks, etc. before you find the right one.
- Use Facebook, Meetup, Craigslist and Bigger Pockets… a lot of options, so no excuses.
- Ask investors AND professionals you interview specific questions; don’t waste anyone’s time.
- On Bigger Pockets, you may get lots of answers from people who have strong feelings on the subject.
Mentioned in this episode:
- Joe’s podcasts on iTunes: RealEstateInvestingMasteryPodcast
- Compilation of case studies and training videos and podcasts: JoeMcCall.com/apply
- REI social network: BiggerPockets.com
- Find REIA meetings: Meetup.com
- Mobile notary: 123notary.com
- Mobile notary: NSSNotary.com
- Skip Tracing: BatchSkipTracing.com
- Skip Tracing: NeedToSkip.com
- Skip Tracing: PeopleLooker.com
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