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Updated over 6 years ago on . Most recent reply

Robert Davalos's profile image
Robert Davalos's profile image
Robert Davalos
  • Flipper/Rehabber
  • from Wichita falls, TX
  • Member since Jan 17, 2017
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45
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2
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Robert Davalos's profile image
Robert Davalos's profile image
Robert Davalos
  • Flipper/Rehabber
  • from Wichita falls, TX
  • Member since Jan 17, 2017
Connect
Robert Davalos
  • Flipper/Rehabber
  • Wichita falls, TX
2
Votes |
45
Posts
Wholesaling

BIRD DOGGING ADVICE

Robert Davalos
  • Flipper/Rehabber
  • Wichita falls, TX
Posted
Is it legal to pay someone not licensed a fee for a referral aka bird dogging? If people start calling you and giving referrals how can you compensate them? I’ve heard of a rule/law in Texas for non licensed individuals. They can only receive a gift not to exceed a value over $50.
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Tampa FL 33610
  • Member since Sep 26, 2011
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Tampa FL 33610
  • Member since Sep 26, 2011
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Account Closed
  • Rental Property Investor
  • Tampa FL 33610
56
Votes |
254
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Account Closed
  • Rental Property Investor
  • Tampa FL 33610
Replied

@James Barnhart  some RE agents don't understand the investing world. I recently met one in Atlanta and he never heard of wholesaling and never worked with one (now he is!) in all his 10+ years of RE. 

To pay a fee is not illegal, consider it administrative/consulting. Keep it simple. 

RE agents tell me what I am doing is not possible yet I still cash the checks and pay taxes. 

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