All Forum Posts by: Amy Konopka

Thank you. I’ll try them, but I’m just figuring out now that location matters😩😩😩 Anyone out on west coast (California)have any luck getting one? 

Well, I went down the list on The Internet Machine and The Google for every local bank in my area offering HELOCS for my rentals (I already have one on my Primary)  Anyone have any luck with any other banks out there? Thank you!

Thank you. No agreement signed.  
I do understand they do a lot of work. I spent one day visiting one listing g 20 minutes from my home. 

I feel like my realtor actually did very little and that’s why I had to act on my own behalf.

 Having me wait for Three days to visit an underpriced property in a hot SoCal market isn’t the service I’m looking for. Perhaps I’m impatient?  I don’t feel I’m being unreasonable. Three days?  When I asked her to write up the offer as soon as I got back from the hour-long Drive visiting the place by myself, she didn’t write it up till two days later, after twice texting her about the offers.  I know for a fact she really didn’t want to deal with this property because it was confusing for her 

She also readily admits twice via text she doesn’t know wholesale and the entire situation was confusing to her. It was super stressful. Then she writes an offer 9k over what I wanted to pay and wants me to Docusign within an hour. It was super sketchy.  I start asking questions (like why is this 9k over what I wanted to pay) and then she “suddenly” gets a text that the seller pulled out.  Docusign was never completed. 

  I plan on using a lawyer to complete the transaction, and offer her a $1000 check as a thank you for sending me the email.  Do you think this is a fair check to write out for the services she provided to me?   

Does this sound representative of a Real estate Agent? 

I've landed an off market deal but I'm afraid I may be stretching some ethical boundaries. First off, never my intention to "swoop in" and make the deal. The seller contacted me after she cancelled with her current wholesaler. But do I owe my realtor a commission? Would a $1000 thank you be a bit rude?

My realtor sends out the mass email listing. I like the property, ask her to show me the property on Thursday. She doesn't have time till Sunday. I ask her to contact listing agent-- never got through. I'm impatient and went up by myself. Established rapport with the seller. It was a hoarder house, but I imagine people just weren't very nice and she gave me her whole life story and I shared some of mine. She even wanted me to call her if I had more questions. She gave me her number and I gave her mine.

My question is this- if I get a lawyer and do this deal off market, do I inform my agent and pay them the 2.5 commission she was expecting when it was on the MLS? I don't want her handling the deal at all- she admitted in a text she knows nothing about wholesaling (when it was on the MLS the broker told her its a wholesale deal-cash only), not to mention she messed up the contract by +10K when writing it up (I was going through the Docu sign when she texted me and said the Seller pulled out). But she did send the mass email that got me to look. I'm planning on just getting a Real Estate attorney involved to whip up the paperwork since I may be doing Seller Financing for 100K .Couple grand better than a 14,500 commission. Plus they know what they're doing.

I'm not attached to this realtor. She's more like a friend of a friend. I lost a lot of confidence in her with the 10K contract mistake amongst other things.

I am itching to BRRRR another property but do not want to invest out of state yet. I have 450K cash available. Is that a number wholesalers in the San Diego market work with? I don't need cash flow right away necessarily, but I am looking to build my portfolio in San Diego and am a forever Buy and Hold gal. is there some secret handshake out there to find wholesalers in SD?