As a real estate agent working in the second home market, you’re going to meet all kinds of home buyers!

When working with investment buyers, there are lots of things to consider:

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  What kind of return can they expect on their investment?

  
  
  
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  What kind of expenses can they anticipate?

  
  
  
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  How can they find a second home in the best place to help have the best return on that investment?

  
  
  
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  What “hidden costs” do they need to be aware of?

  
  
  

Today in the podcast, we’re talking about investment buyers: those second home buyers who are purchasing another home with the intent to rent it out, as an investment home. Tom Tezak is here, along with special guest Lori Gill, for another Tip Tuesday episode of the podcast, inspiring YOU on how you can prepare your clients who are investing in real estate.

Highlights of this episode:

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  When you work with real estate investors, and people who are buying properties as an investment, you can help them differently!

  
  
  
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  First of all, you need to have a property manager that you can trust - they will help you get the best ROI.

  
  
  
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  Make sure that your goals and expectations are in alignment so that you can find the best investment for your money.

  
  
  
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  Before “falling in love” with a house, make sure it will be a good return….what are factors that will impact the long-term value of the house?

  
  
  
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  Look into the basics: school districts, future potential maintenance issues, etc.

  
  
  
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  Help them learn about hidden costs and issues that could potentially arise.

  
  
  
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  By helping them ask the right questions, and research the right things, they are postured for their best return on investment!

  
  
  

Hey everybody, thank you so much for spending time with us today: would you do me a giant favor and share this podcast with fellow realtors, and leave a review. Your reviews help this podcast get shared with more people.

Connect with me (Tom):

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  2nd Home Agents website

  
  
  
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Don’t miss a single episode of the podcast. You can search for “Selling the Dream” on any of your favorite listening platforms, or follow the links below:

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As always, thanks for listening. Don’t forget, you’re not selling a home: you’re selling the dream.

See you Friday for a full episode!