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Updated over 9 years ago on .

User Stats

4
Posts
0
Votes
David Burgess
  • Homeowner
  • Urbana, IL
0
Votes |
4
Posts

What questions would you ask a Title and Escrow business owner?

David Burgess
  • Homeowner
  • Urbana, IL
Posted

I've scheduled lunch with a friend of the family who owns a successful Title and Escrow business.  As I'm finally ready to stop reading and listening long enough to start "doing" when it comes to investing, I wanted to hit him up with some basic questions that might help me on my way.  I'll list some of the questions I plan to ask below, but knowing that I don't know what I don't know.  If you had some time to bend the ear of a guy that knows the title  and escrow business in your area, and is sitting in the room on hundreds of closings a month, what questions would you ask? 

Questions I plan to ask so far:

What are you seeing the market in our area moving?

Are you investing, and if so what areas are you focusing on?

My ultimate goal is a complete investment business that Wholesaling, Flipping, and Buy and Hold.  (Letting each stage feed the next, but with enough volume to cherry pick best deals and sell of the remaining inventory.)  Do you know anyone doing this?  and followup, Who would you recommend I learn from in each of these areas?  Which area would you first focus on given your knowledge of the market at this time? 

In the past who was making money when the market moved up? down? stayed flat?

Besides answering questions, what kind of information is available to him on a regular basis, that would helpful me in my business?

As always, thanks for the your replies!!