Do I pay a fee to person who finds property for me?

Since there is a lot of competition to finding a good fixer etc., should I expect to pay the finder a fee to give me the first chance at it? How much should I expect to pay? I'm in Silicon Valley/San Francisco where teardowns are $700K+ cool smile

Comments(3)

  • JohnLocke31st March, 2003

    fixerpro,

    Glad to meet you.

    If you are not using Bird Dogs to find the type of propeties you are looking for then you are missing the boat or I should say re-habb.

    If a Bird Dog brings you a deal, I doubt a handshake and a thank you would work.

    What is it worth to you to have deals handed to you before the competition finds out? Only you can answer this question.

    Welcome on board this board, great investing area you are in.

    John $Cash$ Locke

  • MrLandlord042211th April, 2003

    I'm in the NJ/NYC area and most rehabbers will give a birdogger a fee of anywhere between 3K-5k Depending on the deal and if the birdogger has already had any inspections done on the property or an appraisal done, etc.

    Bob

  • nyreinvestor10th May, 2003

    it all depend on the size of the deal im not really into birddogging but the last deal i flipped over to someone i made well over 15k
    and the deal was less the 300k

Add Comment

Login To Comment