All Forum Posts by: Khalia Luff

Hey Randall!

I'll be sending you some deals shortly!

Best,

Hi Camillia!

I've been wholesaling in Philadelphia for about a year now, and I'd be happy to answer any of your questions. Inbox me and I will give you my phone number!

@Camillia W.

Hey guys!

I'm an investor in Philadelphia, who's currently wholesaling properties to build capital for rehabs and buy & holds for myself. If anyone is interested in Brewerytown, I am working that area and would love to add you to our buyer's list (as well as gather some key information about your specific buying criteria) as to keep you in the loop with anything that comes across my desk.

Let me know if this interest anyone.

@James Syed

Hey James, 

Thanks so much for the reassurance, I've already enrolled in the courses. Now I'm just trying to figure out the interaction of owning and operating an investment firm and working for a Broker. Any insight?

Hey Mike!

Thanks for the clarity.

Hi Duane!

Yes, thanks so much this helps a lot. So quick question, when I do rehab and sell a property, do I have to list it with my Broker or can I sell it independently as an agent?

Hi Nicole!

Thanks so much for that, I'm glad you feel that connection ; )

Hey Everyone!

I am currently a full time investor, focusing on wholesaling deals at the moment, so that I can build capital to do fix and flips, which is my end-goal. But, I have a few questions.

I am considering getting my real estate license and focusing on investor clients, for a few reasons. I know how it gains you access to the MLS, networking opportunities, increase legitimacy, and save money on commissions (when I do a fix and flip). I also know that most of these things can be done without a license. On the other hand, I also know the cons about getting licensed, which is having to disclose (could be a pro or con), all of the fees and continuing education courses, etc. Yet, I still have some unanswered questions before I jump in.

I currently have a team and an LLC which is where I conduct real estate business. Once I'm licensed, do I have to split those wholesale fees with my brokerage? I know once I do a fix and flip that I will (and if I'm wrong in that, please correct me) but is it the same for every wholesale deal? Would it be best to have my partners do business on my behalf to avoid those fees? How will having an LLC affect me as a licensed agent? I also have plans on turning my company into a brokerage, is getting an agent license a prerequisite for that?

Any info and insight would be greatly appreciated!...I am in Philadelphia, PA, by the way. Thanks!!!

Hey Everyone!

I am currently a full time investor, focusing on wholesaling deals at the moment, so that I can build capital to do fix and flips, which is my end-goal. But, I have a few questions.

I am considering getting my real estate license and focusing on investor clients, for a few reasons. I know how it gains you access to the MLS, networking opportunities, increase legitimacy, and save money on commissions (when I do a fix and flip). I also know that most of these things can be done without a license. On the other hand, I also know the cons about getting licensed, which is having to disclose (could be a pro or con), all of the fees and continuing education courses, etc. Yet, I still have some unanswered questions before I jump in.

I currently have a team and an LLC which is where I conduct real estate business. Once I'm licensed, do I have to split those wholesale fees with my brokerage? I know once I do a fix and flip that I will (and if I'm wrong in that, please correct me) but is it the same for every wholesale deal? Would it be best to have my partners do business on my behalf to avoid those fees? How will having an LLC affect me as a licensed agent? I also have plans on turning my company into a brokerage, is getting an agent license a prerequisite for that?

Any info and insight would be greatly appreciated!...I am in Philadelphia, PA, by the way. Thanks!!!

Is there a place to RSVP or can we just show?

Thanks!