Agents Won't Bring You Deals? Tell Them This

What It Covers

Dave Meyer and Henry Washington answer investor questions about building agent relationships, evaluating Chicago as an investment market, maximizing VA loan leverage, and controlling renovation costs during inflation.

Key Questions Answered

• •Agent Communication Strategy: Present yourself as serious by stating your deal volume goals upfront, explaining your timeline, and showing you understand their commission structure. Speak to what's in it for them first, not what you need.
• •Finding Investor-Friendly Agents: Call title companies directly and ask which agents work frequently with investors. They process transactions daily and can provide three to four qualified names immediately, bypassing unresponsive or inexperienced agents entirely.
• •Chicago Market Opportunity: Chicago offers the most affordable large city investing in the US with strong rent growth, diverse neighborhoods for different strategies, excellent two-to-four unit housing stock, and strict zoning that prevents oversupply risk unlike Houston.
• •Renovation Cost Management: Adjust underwriting to account for rising costs by decreasing purchase price offers rather than trying to control material prices. Buy deals with enough margin that 15-20 percent cost overruns still leave profit intact.