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Updated over 5 years ago,
Finders Fee for Offmarket Multi-Family
Hello BP Community,
I am working on ramping up my RE portfolio and someone through my network is working on getting me an off-market deal with their landlord. I am trying to better understand how to reward this person, as they are putting a lot of effort into getting the landlord to meet me with me. As I understand, finders fees are mostly illegal, how would you go about this? This person definitely deserves something and she is not a licensed real estate agent/broker. I want to do things right and I appreciate your valuable input. Thank you for your time!