QUESTION:
Good Day Adam. I thought about partnering with a real estate agent to help me with the houses that I get under contract. Their duties will be to get sales comps, market rent comps and showing the house to prospective tenant buyers. How much do you think I should pay the agent for doing this? The money would come out of my lease option assignment fee.
ANSWER:
I usually give them the first month’s rent as their commission.
Adam