OfflineHi, I am looking to get started scouting houses out after building that buyers list and wanted to know what sort of contract you use with your investor that you give leads to. I've been reading a lot on contracts and real estate transactions, and haven't been able to find info on this. Obviously collecting a fee from your investor seems contractual. Any thoughts or input would be appreciated. Thanks!
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... what you mean. So you and your investor come to an agreement, draw/draft it up and set it up via mail signed or email signed. Although there are many that don't want them. In those cases you have to watch the list you gave to the investor and keep checking on the properties and hope there is still honesty in the system. Many investors have their own form to use. Keep watching and keep this active periodically.
Michael Radtke
www.nationalpropertyscout.com
Slide Show:
www.nationalpropertyscout.com/Slide-Show.html
The new name is Investor Property Scout.
Michael Radtke
www.nationalpropertyscout.com
Slide Show:
www.nationalpropertyscout.com/Slide-Show.html
You live in Michael Mangham's home town and he uses bird dogs all the time pm him.
http://kendrickpropertymanagement.com/
http://rochesterapartmentrentals.com/?page_id=10
helpme2 I didn't get that domain but I can give you National Property Scout.
http://kendrickpropertymanagement.com/
http://rochesterapartmentrentals.com/?page_id=10
hello everyone, thanks for the replies, i've been wondering what constitutes a "Legal and binding contract" and since i'm not an attorney, I was wondering what types of contract could be held up in a court case or not. Obviously I wouldn't want anything like this to ever happen, but would want to know what i'm doing with the wording and legality of a contract in this situation. I would get nervous that I give a lead to an investor, he closes the deal with the seller and does not pay me, and what kind of re-course could I have against him.