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Updated over 9 years ago,
Bird Dog Fee for Bringing Financers
Hello all,
I'm a realtor working in Los Angeles with a goal of moving into investing. I connected with an investor recently who has a small business flipping houses in the area. I was able to bring him an investor who put $50k into one of his projects. My question is what sort of bird dog fee would be appropriate for this? I believe she will continue to invest with him over time so I would like to put a written agreement in place with agreed upon terms. Would welcome opinions on what is reasonable and if anyone has done a deal like this before.