Bird Dogging, Found Leads, Now What?

I found some good leads for an out-of-state investor. I'm new at this, so please pardon my ignorance here. How do I protect myself? I have worked hard to find these leads. Is there such a thing as bird dog contract? I don't know the person, and although she seems honest and all, I know that the first rule in real estate is "get it in writing!"

Also, she told me to decide on the fee. I am locating apartments for her. I know bird dog fees for SFR's are $500-$1000. Is it the same for apartments?

Comments(1)

  • joxtal30th May, 2004

    I am also newbie. But I know you can ask more than SFR fee for a n apartment. I am birddogging for someone (we have a written contract...and I recommend you do the same) 10% profit, plus he will teach me how to structure deals step by step...

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