All Forum Posts by: Steve De Coen

As I am new in your market I’m searching for an competitive edge .

Obviously my preferred way to do business in with an assignment of contract, but as I’m new and you cannot vouch yet for my professionalism or reliability I want to setup a construction where the seller can call the title company to be assured that the deal will go true.

My question :

Is it possible to put x amount for example 200 000 $ on an escrow account at the title company which will serve as a guarantee for the seller?
In case I find a assignee, this money will not be touched and will be used to assure the seller from the next deal.

In case I don’t find a assignee, this money will be used to close the deal, in this case the assignment contract need to be converted to a Sale agreement .
So I will do a double close once I found the buyer.

Is the above construction possible?

What are great sources these days to find buyers?

Ken Mc ElRoy made an interesting video !

To summarize , we need to keep an eye on all those metrics , if mortgage delinquents and defaults rise,  people moving away and where business closes, the house price drop the most is such area's.
While this is logical ,i think it will also take many years until this area will be stable again to can find good tenants to live in these houses. So there is a high risk of vacancy or bad tenants. I think the good area’s (with the opposite metrics) will stay expensive or get even more expensive, but in return there will be low vacancy and good tenants. What do you'll think of this video?

Thank you Basit, 

i just send you a PM.

hi,

I'm an experienced real estate investor from the netherlands , and want to invest in real estate in the states .

i'm looking for a tax advisor to help me to setup my business , with experience in real estate and knows

tax treaties between the netherlands and USA.

Are there other investors in the same position who can recommend an expert to work with?

Thank you