And they have no way of predetermining whether you will actually be as successful as you think; my attorney tells me he is regularly contacted by beginners who never get off the ground.

If the investor closes on that property, the bird dog gets 500 bucks or some pre-determined amount for the referral.

A few new ones will pop on, and some will drop off.However if you do a drip campaign to them, mailing a piece to them at a predetermined period of time, you may be in their mind when it comes time to sell.Tony Severino

I just had an idea, if we could figure out the maximum amount of dollars we could pay for a property per $1 of monthly rental income we estimate the property will bring, we would have a very easy way to figure out how much we could pay for a property.For example if I estimate a property will rent for $600 per month, and I had pre determined that $66 was the most I could pay per dollar of monthly rental income, then I would come to the conclusion that I could pay $39,600 for the house.$39,600 @ 7% 30yr fixed = $264/Month.

I vote based on what I think is a good post and not based on a predetermined opinion of where the poster stands in the politcal spectrum.5.

The latter will get you through those tough times because you will be on purpose and working from your pre-determined plan.Make sure you have the right reasons going into this business.

I'd first see how long the tenant wants his option to last before determing price then go with a pre-determined sales price or use appraised value.

yup, we require video of our projects before releasing funds and we also have our pre-determined listing agent go by the property to verify the progress before releasing funds.  

Alternately, there could be a small option fee (for the right to purchase at a predetermined price in the future) and the downpayment proper is due at the point of exercise.  

This is split under a predetermined formula between the passive investor and the “sponsor/operator”.