Diversified Investors Group South Philadelphia Sub Group

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Diversified Investors Group   South Philadelphia Sub Group
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Diversified Investors Group – South Philadelphia Sub Group Famous Dave’s BBQ - 1936 South Christopher Columbus Boulevard Philadelphia, PA 4th Monday of the Month 6:30 - 8:30 PM

Speaker & Discussion: Bill Kratz - The Soldier Real Estate Team Soldier Real Estate 2424 E. York St. Suite 213 Philadelphia, PA 19125 (267) 770-1168

A Closer Look at Contract Assignment When most people think of flipping real estate, they imagine the classic “buy-fix-market-sell” business model, in which the flipper keeps ownership of the house from the word “go” until he’s handing a young couple the keys, and they live happily ever after in their dream home with the shale shower and the granite countertops.

Wholesaling via Contract Assignment vs. “Bird-Dogging” This is a step above the bird-dog model, in which all you do is find the deal and your upstream investor handles everything after that. He can even close the deal with a profit margin much less than anticipated – which means your finder’s fee could be less than you expected as well, when the deal is done.

We will discuss Legal Issues

We will discuss Assignation Tips

We will discuss structure the deal to make it clear that you are selling the contract, for consideration, rather than the home itself for a “finder’s fee.” If you are finding properties and recommending them for other investors, you might need to have a real estate license.
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