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Real Estate Rookie

159: Building an Out-of-State Empire by Using the Right Type of Real Estate Agent w/ Sarah Weaver

Real Estate Rookie

BiggerPockets

Entrepreneurship, Education, Investing, Business, How To

4.71.8K Ratings

🗓️ 23 February 2022

⏱️ 51 minutes

🧾️ Download transcript

Summary

Knowing how to find a real estate agent is one thing. Knowing how to find a truly investor-friendly agent is another. While most real estate agents and realtors can show you homes on the market, send you MLS listings, and do the needed paperwork, investor-friendly agents do much, much more. These types of agents are so important to a real estate investor, that they can be thought of as a more permanent part of your team. They’ll find deals, leads, help you run numbers, and give you what you need to grow your real estate portfolio. But how do you find them? This was a question that real estate investor, agent, and coach, Sarah Weaver asked when first getting into out-of-state investing. In fact, Sarah was doing more out-of-country investing than most other investors. As a digital nomad, Sarah was traveling throughout the US, Canada, and New Zealand buying rental properties without ever laying an eye on them. She was able to do this thanks to her rockstar real estate agents. Now, after almost perfecting the long-distance real estate investing strategy, Sarah is back to share with rookie investors how they too can find an investor-friendly agent to help them scale. If you haven’t already, check out the BiggerPockets Real Estate Agent Finder Tool, you’ll instantly have access to dozens of investor-friendly agents in your area that can help you close on your next deal! In This Episode We Cover Investing in real estate while out of state, out of the country, and far from home The best questions to ask a real estate agent to see whether or not they’re truly “investor-friendly” Defining your crystal clear criteria so top agents take you more seriously What a great agent should (and should not) know about an investing area Building the investor-agent relationship so you both benefit for years to come Qualifications an investor must meet before reaching out to real estate agents And So Much More! Links from the Show Ashley's Instagram Tony's Instagram Real Estate Rookie Facebook Group BiggerPockets Website Facebook BiggerPockets Real Estate Rookie Youtube Channel MLS BiggerPockets Agent Connect BiggerPockets Podcast 563: W2 retired and Traveling the World with Just 15 Units w/ Sarah Weaver BiggerPockets Investment Calculators The BiggerPockets Podcast BiggerPockets Forums BiggerPockets Rent Estimator Check out the full show notes here: https://biggerpockets.com/rookie159 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is Real Estate Rookie Episode 159R.

0:10.0

Sometimes I get pushed back on why do you use an agent?

0:13.0

And I think it goes back to what do I want my life to reflect?

0:17.0

And I don't want to spend time money and energy on mailers

0:21.0

and cold colors, or even hiring a cold color.

0:26.0

My name is Ashley Care, and I'm here with my co-host,

0:30.0

Honey Robinson.

0:31.0

And welcome to the Real Estate podcast

0:33.0

where we celebrate every episode that ends at 9

0:36.0

with a famous quote from Tommy Boy,

0:38.0

or are also here to bring you good information

0:40.0

about River State Investing,

0:41.0

and hopefully give you the inspiration, education,

0:44.0

and everything you need to get started.

0:46.0

So, Ashley Care, what's going on? What's new?

0:49.0

Well, I'm working on a cabin remodel right now.

0:52.0

I bought this tiny little a-frame cabin that I'm just in love with,

0:56.0

and it's gutted, and today the bathroom was being put back together.

1:01.0

So, I'm really excited for this project.

1:03.0

It's actually going to be a short-term rental, Tony.

1:06.0

Oh, I can't wait to come check it out.

1:08.0

Stay for free.

...

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