583: Building Your “Passive Income Blueprint” Using the Right Real Estate Agent w/ Johnny Hoang
The signs of a bad real estate agent aren’t very clear if you’re a new investor. But, after trial and error and a lot of deals done, you’ll be able to weed out the basic agents from the rockstar realtors. If you’re brand new to real estate investing, there’s no need to sort through ten agents just to find out what makes the good ones great. Today, we’re giving you a shortcut as we pick the brain of one of the top real estate agents in the San Francisco Bay Area, and the country!
Johnny Hoang just began his real estate agent journey only a short two years ago, but he’s been able to close on an astounding $67M in home sales despite having such a short time in the market. Even with things as hot as they are, that’s a very impressive number from any agent, let alone a rookie! Of course, it should come as no surprise that Johnny is a student of David Greene and works with David daily.
In today’s show, David and co-host Rob Abasolo break down what it means to be a great real estate agent. They walk through different scenarios and situations with Johnny so you, the listeners, come away knowledgeable of the difference between an agent who will help you grow your portfolio and an agent who purely wants a commission check.
In This Episode We Cover:
How top agents prioritize clients and what you need to do to get to the top of the list
The investor-client “kiss of death” and how to NOT talk to an experienced agent
The seven signs of a bad agent and when to steer clear of an agent who’s all talk
Finding the perfect investor-friendly agent that will diligently hunt down deals for you
House hacking and using owner-occupied loans to slowly build your wealth
What to expect (and not expect) your real estate agent to bring to the table
And So Much More!
Links from the Show
Quickly find a local, investor-friendly real estate agent who can help you find, analyze, and close your next deal using the Agent Finder
Check the full show notes here: https://www.biggerpockets.com/blog/real-estate-583
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