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All Forum Posts by: Valorie Lewis

Valorie Lewis has started 2 posts and replied 6 times.

Post: Networking Events in Lawrence, Topeka, and KC

Valorie LewisPosted
  • Topeka, KS
  • Posts 6
  • Votes 1
There's a weekly meeting in the KC area called Winvestors. Highly recommended. It's in the MAREI site. Good luck!

Post: Investment Property Agent in Kansas City

Valorie LewisPosted
  • Topeka, KS
  • Posts 6
  • Votes 1
You may want to start attending the weekly Winvestors meetings. Lots of KC investors and interested parties (agents, lenders, attorneys, etc) attend these meetings. They are held every Wednesday morning at 9:00 at Lucky Brewgrille on Johnson Dr. 5401 Johnson Dr, Mission, KS 66205

Post: Working With A Realtor....I'm Confused

Valorie LewisPosted
  • Topeka, KS
  • Posts 6
  • Votes 1

Yes, I'm starting to think there was a disconnect or a misunderstanding on my part of the training we received. I thought we could focus on only doing deals on FSBO's, but then the question arose on how would we get accurate comps if no Realtor was involved.

I wanted to double check with the fine people of BP to see if perhaps there was some aspect I was unaware of, where Realtors are just lining up to do free work for wholesalers without any compensation. LOL.

Thanks for the comments. Any additional advice or recommendations are appreciated!

@Mike Cumbie That's GREAT advice! Thank you so much. Yes, I can see how establishing a relationship beforehand would definitely make a Realtor want to occasional run comps for me on FSBOs.

@Chris Eaker Thanks! I'm listening to the recording now.

Post: Working With A Realtor....I'm Confused

Valorie LewisPosted
  • Topeka, KS
  • Posts 6
  • Votes 1

Hello BP!

We are still quite new to RE Investing. We are getting started with Wholesaling and working with FSBO homes.

My question is "How do we get accurate comparables if no realtor is involved?"

I don't see any incentive for a realtor to run multiple CMA's for us on a weekly basis, if we are not using them to buy the properties because we are working directly with the homeowners and our cash buyers.

I'm sure I'm missing a step or perhaps I misunderstood some aspect of running the numbers.

I was under the impression (from our training) that Realtors would have no problem running comparable if we just ask them...but I just don't see why they would spend their time running comparables if they aren't getting compensated.

So I'm hoping some investor friendly realtors (preferably in Topeka or Kansas City) can help clarify and answer this question for me.  Thanks in advance!

Valorie

Post: Has Any wholesaler sold to the end buyer?

Valorie LewisPosted
  • Topeka, KS
  • Posts 6
  • Votes 1
Hi Marcel, If you have to come with the funds to buy a property, then resell it to another buyer. That's a double close. I'm very new to RE investing, but I think I have a pretty solid understanding of the varies types of deals. Following this post to see other's responses. Good luck! 😊

Post: Hello from Topeka KS

Valorie LewisPosted
  • Topeka, KS
  • Posts 6
  • Votes 1
Hi, We are new to investing and focusing on wholesaling properties in Topeka Ks and possibly KC area on the KS side. We are looking to connect with buyers and other investors in the Topeka area. And we'd really like to organize some networking events in Topeka KS. So far we've only found ones in KC. If you are located in Topeka, please drop us a note and say hi! Valorie and DaMon