How Do I Make Sure I Get Payed For Birddoging?
I have been trying to get birddogs to find investment property's for me for quite some time now, they have come up empty. I have come to the conclusion that I am better off looking for property's on my own. However the birddogs that I have been in contact with have provided me with a wealth of information and resources that have been very helpful. I have been able to come up with some very good leeds so far. In fact I have come up with more leeds on property's than I can use. After placing an ad for investors looking to buy investment property's in a couple of local papers, and on the internet. The response has been overwhelming. How do I make sure I get payed by the investor for hooking them up with the seller? do I try to get my fee up front? do I have the investor sign a contract promising to pay me if he closes? how do I insure I am geting payed for my service? 
I just purchased John's book on birddoging, I'm sure he will answer my question about geting payed for birddoging. I am still interested in hearing from birddogs about what works for them and what dosen't work.
One, if you have John's ebook, you do know that it has a contract for you to use in order to get paid? and two, when you had birddogs out looking for properties, did you intend to pay them if they found something?
Hopefully, the answer to both of these questions was Yes.
A reputable investor won't have a problem signing a contract and won't have a problem paying you for your services. As far as helping your chances of getting paid, you'll have to determine the investor's trustworthiness and more important, his experience level.
It's in the investor's best interest to pay a good birddogger, but the fact is, sometimes an investor doesn't. If you have a contract with them, you could sue, but it is much better simply to not do business with them. In my experience, an investor who doesn't pay isn't a professional, inexperienced, or both and won't be around long anyway.
Roger
CGOODEN,
Glad to meet you.
There is a contract in the book that has worked well.
As in any business you will soon learn who you can trust and who you can't. You will find investors that are honorable and will treat you fairly, these are the ones you want to deal with.
I will tell you that when my Bird Dog site is finished you will have access to it, so the investors that also have access to the new site will be ones that you can count on being honorable or they will have to deal with me and Vito.
Welcome on board this board, I am always available via email so if you need help in interviewing an investor just let me know.
John $Cash$ Locke
First of all to "rajwarrior", thanks for your response. The birddogs that I am in contact with, I have no problem with paying them their fee for their services. I know that if you want to establish and continue a lasting profesional relationship with someone, you have to treat them fairly and meet your obligations. I plan to be investing for years to come. My intentions are to build contacts and relationships that are profitable for everyone involved. Secondly to John Locke, thanks for your response. I have not received your e-book on birddoging that I purchased yet, their was a problem downloading it. When I do receive it, from the posts I have read about it I'm sure it will answer my questions. I'm sure you will hear from me again, thanks for being so helpful and open with the knowledge and info you have
This question is for *John Locke*:
I had brought your ebird dog book. I've noticed in previous reply to one other bird dog you had mentioned that you have a website for bird doggers and if so, is it up and running and can I have the website address?
Thank you
I asked an Investor the same question and he said that yes, an up front contract is a good idea but also that the Real Estate Investing circle is a pretty tight knit circle ~ if they screw you over then they have first of all ruined their reputation (which I know for a fact is the last thing any Investor would want to do) and second, they wouldn't be receiving anymore good leads from you and that would mean them losing out on a lot of money. Just food 4 thought
Thanks Twinky - Reputation is key in this business.
Eric & Rosa
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How would you know as a birddog if the property you found was actually bought by the investor?
What if he handed it to a buddy of his to buy? You would be out for your commision, wouldnt you?
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