All Forum Posts by: Jennifer Lamb

@Antonio Gonzales , Thank you. I will be there Thursday. I look forward to making new connections and learning more about what you do. I hadn't realised it was the same group. Good to know! 

Hi @Charlie John

I'm in San Diego, CA. Most agents who represent investors as buyers receive the re-list on the property but often times are willing to re-list it for a discounted commission. 

For example, say I earn 2.5-3% when my investor client purchases a property and my commission is paid by the Seller (no money out of investors pocket to pay me). I may be willing to re-list for my investor at 1% to myself and 2.5% to the buyer's agent because I understand your profit margins and I didn't have to go out and search for the listing. However, there are expenses that I would not be willing to cover at 1%, like staging. 

If I represented an investor on the buy side with the agreement that I would re-list the property and the investor decided not to use me for the re-list, I would be less likely to bring that investor the next deal I came across.

It depends on what you had previously agreed to with your friend/agent.

Best of luck!

I don't work for Keller Williams, but I agree with Shanel. Best training and hands-on learning through team environments. Great place to start! @Sanay Gulati

Hello @Derek Kraack ,

I am an agent in San Diego and will tell you that I wish I started my career in a brokerage on a team. I have never worked for Keller Williams but I know they have great training and teams. 

Mentors in California are VERY hard to find, which is why I recommend a team. It will be hands on and worth every bit of it. Don't let a commission split be your decision maker. The higher your commission split, the less guidance you get here. I worked for five brokers that claimed to offer training, and not one of them delivered. We can pay coaches out of pocket and wing it with what they tell us to do, or work on a team at a lower commission split because we are paying for the hands-on experience from the mentor.

Best wishes for your success!

@Zap Martin, @Dave Blackman , @Donovan Castaneda I have PM'd you. I look forward to connecting!

@Zheath Sanchez, I can connect you with agents there if you ever have the need. It's a great place to invest. Good luck to you as well! 

Hi @Zheath Sanchez .

I am a Realtor in San Diego and live here. I included "from Kansas City, MO" in the subject line so I may also connect with Investors there. Sorry for the confusion!

Kansas City is actually a great place to invest, but since I'm here and don't plan on leaving, I will invest here first. Many investors own in other states and I may eventually purchase multi-family properties in KC. A fourplex in KC can be purchased for around $160k. Pay it off in a shorter time-frame to reap the benefits of rental income. 

I think you have a great strategy for the San Diego market and to avoid the taxes. Good thinking!

Hi @Tiffany Hoffman. Thank you for introducing yourself! I will be in touch.

Thank you, @Larry Fried!

Hi, All!

A friend introduced me to this site and I look forward to meeting some of you at the next meetup! 

My goal is to gain more knowledge of the flipping process and learn about buy and hold properties as an income source. I love my job as a Realtor and have learned a lot from the investors I've worked with. I will eventually buy investment properties in San Diego.

I completed a full renovation of my personal home in Kansas City, MO in 2005 and loved it. I made a lot of mistakes (over-improving for the area) without guidance, but I learned so much from it. I was 25 and it was my first project.

I wish you the best in your next investment!

Thanks,

Jennifer Lamb