Posted by rehabber on February 03, 2005 at 20:21:49:
They CHARGE YOU to work for them???
Ridiculous!! I thought indentured servitude
I don’t want to be crass here -
but puuuleeease…do not pay someone to work for
them (unless it is franchise fee for a sure fire ultra-proven business- like McDonalds, etc).
Legacy 1 doesn’t sound as sure a thing as McDoanlds by
If this were the ONLY way to be a ‘bird-dog’ and find
deals, then MAYBE it would be worth considering, but
there are way too many investors out there that would
be glad to have a bird-dog like you/anyone to help them
find deals and 99.999% of investors won’t charge you
to work for them. There are plenty of deals out there
that you can find where you can keep $1-2k for yourself
as a flip fee and the end investor can still make his
$15-20k. Granted, $1-2k isn’t the $5k that Legacy 1
is promising, but there is no upfront fee, zero risk
with the normal bird-dog approach - you have zero
out of pocket and you get your fee.