4 Steps to Buy Smart as a Real Estate Investor

It’s mostly about the timing but here’s my best advice on getting started as a real estate investor.

1. Get a trusted agent who is focused on building a relationship with you as an investor.

If you are in Louisiana, I can build a plan with you, but if you are not in Louisiana, here are some things to look for.

Will the agent speak with you and answer your questions? If not, it does not mean they aren’t a good and knowledgeable agent; in my opinion it simply means they aren’t as patient as I believe an agent should be with their clients. Every agent has their own style, but if you are like me, you want someone who is a patient guide.

Yes, we are in business to make money, just like you are as an investor, but part of building a good business is building relationships. That’s one of the things I believe in.

2. Know your wallet

I have a few bankers that I have established a relationship with, so you also want an agent who can direct you to the right lender based on the kind of financing you’ll need. This also means you want someone who understands the requirements of mortgages and can help you shop in the right areas.