Contracts With Investors

hiya!

What is the game plan with other investors ? Should we contract them to make sure that they do not go around our backs to counter our offers or should it be just a hand-shake.

We use non-binding Buyer's Contracts with most sellers and we just wanted to run it by the Gurus here for opinion.

Thanks !

Comments(2)

  • KyleGatton9th January, 2004

    You should look into non compete covenents. I usually do hand shake deals, but only with people that I have already done deals with. Unfortunately, there are people in this business that make there money solely by screwing over bird dogs.

    Good Luck,
    Kyle

  • whataday9th January, 2004

    Quote:
    On 2004-01-09 04:29, KyleGatton wrote:
    You should look into non compete covenents.


    what is a non compete convents ?

    thanks

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