At what point does a per-lead fee stop being a finder's fee?
Two investors in my market are offering me different structures and I want to think about this properly before I pick. Investor A: $500 flat, paid only when they close. No cap on…
A bird dog locates promising investment properties, distressed houses, motivated sellers, off-market opportunities, and passes the lead to an investor who does the actual deal, in exchange for a finder's fee.
Log in to followTwo investors in my market are offering me different structures and I want to think about this properly before I pick. Investor A: $500 flat, paid only when they close. No cap on…
I've been driving a three-county area and pulling code violation notices off the county site, maybe 30 to 40 names a month that look worth a call. Two investors are interested. In…
Thin margins are my whole life and I don't want to spend 800 on an entity for something that might pay me 500 once. Somebody told me you can't accept a fee as an individual, you n…
Still mostly on the paper side of things and confused about most of it, but this one bothers me. Every data source I read about, court probate filings, tax delinquency rolls, pre-…
My plan has always been service side rather than owning property. What I'm circling is whether bird dogging can be run as a small business with subscribers rather than one-off fee…
I don't invest and I'm not sure I want to. But I'm out in neighborhoods constantly for work and I notice the same things over and over, houses with two years of mail in the box, b…
I'm mostly a long-hold land person so this isn't my usual lane, but I've had two people this month describe themselves to me as bird dogs and they clearly meant different things.…
I've been trying to work out which lane fits me and bird dogging keeps coming up as the answer for people with no money. Fine, I have no money. But every description I read frames…
I run renovation scope for other people. Every week I drive past three or four houses that are obviously in trouble. Tarp roof, mail piled up, a dumpster that's been full since fo…
I've been reading for half a year, haven't done a deal, and I want to pick something I can start this month. Bird dogging keeps coming up as the free entry point because you don't…
I do a lot of due diligence on passive positions and I've started noticing distressed houses near the ones I look at. A friend who flips said I should just send them over and he'd…
Right now I have two investors who each pay me $1,000 flat when they close on something I found. I don't contract anything, I don't talk price with owners, I hand over an address,…
I work rural land, long holds, and I've been passing leads on parcels that don't fit my hold criteria. Small acreage, back taxes owed, heirs scattered across three states. Flat fe…
I've been reading this room for a while and I think I understand the basic idea. I find a house, I tell an investor about it, they do the deal, I get a fee. What I'm stuck on is s…