[b] Right now I have an agreement with 3 investors who have agree to share a portion of the profits for any prospects I send their way if they close.
For example, one gentleman has promised if he makes $20k, my share will be $2k. It sounds like a fair deal to me if I find him a good prospect who is willing to let him handle the issue with his lenders, stop the foreclosure process, and be willing to sign an offer to purchase contract and some other paperwork. He is looking for homeowners who want nothing out of the deal except to get the house off their hands. I am in the midst of looking for these prospects from different sources. I am getting ready to try make acquaintance with:
mortgage brokers
note brokers
realtors
bankruptcy attorneys
foreclosure attorneys
probate attorneys
These are good source for pre-foreclosure leads before they become public knowledge in newspaper lis pendens or notice of default. But I have one more question. Before I approach these brokers and attorneys, what could I as a finder/birddog have to bring to the table to offer them in return?
I am doing the same thing. I have contact about 30 foreclosure lawyers asking them if they could give leads before they get listed to the public. But i stated to them that I work with a big time investor that buys 50-75 properties a month and put his website in the letter. I have gotton to bites so far. Me and this investor i am going to split the profits. He have over 3000 investor nationwide that buys properties from for cash flow. Email me directly and lets talk tlwilsonjr@gamil.com
I told them I would give them 500 for each one i close on. Hey aslo contact property management companies. There alot of landlords that always want to get out of being landlords
Thanks for your quick reply. I tried to reach you by email, but the email was returned as undeliverable. I look forward to talking with you. How
many bites have you gotten from your attorneys and brokers so far and
how long have you been working with them? And with your database of
3,000 investors how many short sale deals have you closed?