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Property Scouts—Viable for Leads in ‘White Hot’ Markets?

JP Moses

Hey guys, JP here.

We’re hearing more and more from people in stronger real estate arenas finding it tougher to find solid deals. And if you’re in a market that’s white hot, it can feel kinda like the wild west out there sometimes.

I recently got a call from Jeff in Seattle, wondering if the Property Scout Pipeline is a viable approach that can actually work in a “white hot” market like his… and if so, how?

Solid question, Jeff—super glad you asked. 🙂

The Quick Scoop on Scouts

In case you don’t already know…  Keep reading, you’re doing awesome…

7 Ways to Legally Pay Property Scouts

Dolmar Cross

Hi, Dolmar here. The fact is, Property Scouts (or many people call them “bird dogs”) have been one of my best secret weapons in multiple markets I’m doing deals in for years now—routinely landing me leads on property deals that aren’t on any of my competition’s radar.

They send me leads, I cherry pick the deals, and they get paid nicely for the service. It’s a beautiful arrangement.

Today I want to shine a light on 7 ways you can legally compensate them, so you can stay safely out of any legal ‘hot water’ (it burns!) that many investors find themselves ignorantly swimming in. So let’s run through them. Keep reading, you’re doing awesome…