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Updated over 10 years ago,
Bird-dogging question
As I am still realitively new to RE investing, I still find myself needed to make money sometimes. I have been having success flipping houses with my Dad, but while we have our contractors working on the current round of properties, we don't have any cashflow. So I asked my father if he would mind if I did some bird dogging on the side, and he gave me his blessing. Which made me ask about what I would have to do actually bird dog for another investor. And led me to the following questions...
My questions are:
- How do you go about advertising your service?
- How do you recommend I get paid? 1099? Under-the-table? (I would prefer under-the-table, if it's a good idea.)
- Can a contract be written out to ensure I get paid?
- I want to make my service as inexpensive as possible, but still pay the bills. What would be good price points to charge for my service?
- Do most investors expect me to inspect the properties personally before I give them a deal?
I don't want to sound like a sales pitch, but I am very active seeking properties everyday on Zillow, Trulia, ect, and I also look at online auctions, sheriff's sales, wholesaler inventories, and I talk to REO brokers too. So the work it's self is very familiar to me. I just need to know what to do with the advertising bit and the nitty gritty side of the business.