Bird Dog Fees in North Carolina: Legal or Illegal?
Friday, October 30
BACKGROUND What is a bird-dog fee? A bird-dog fee is a fee for connecting a buyer and a seller of real estate. The real term for this is a "referral fee". The “connector” usually doesn’t have the capital to purchase the deal, but they know someone who does. The connector connects the buyer with ...
The Pros and Cons of Self-Storage Investing
Thursday, March 07
The year was 2016 and I was a newly minted Director of Acquisitions tasked with finding multifamily properties to buy. It was a rough year. I underwrote deal after deal, but I couldn’t make the numbers work to match our investment strategy. After some internal discussion, we decided to focus our ...