If you can help your agent friend get just one more listing a month you are adding tens of thousands of dollars to his yearly profits.

Payday Number One: Expired Listings
The conformity is typically for 3 to 6 months and many times an agent is not capable to put up for sale the house within that time period. The owners are far more possible to have grown inspired and are mature for you the saver to call and put a deal together on their house.
Have your manager friend search the MLS (Multiple Listing Service-a database of properties for sale that only real estate agents have access to) looking for properties that didn't sell and whose listing has expired. In many cases the terminated listings will not have a receiver number for you to contact the owner. If it were too easy then a different investor would have hit you to the prize. Simply take the information and do your own investigation. Once you find the phone number, give the proprietor a call and see if they are elastic enough for you to buy their property.

Payday Number Two: Listings Search
The agent only searches the remarks field for words like: "lease-option," "flexible terms," "moving," "transferred," "estate sale," or "contract for deed." If a register has these words in it chances are pretty good the seller is value a phone call. Then you contact these owners and see if you can place a deal together.

Payday Number Three: Straight transfers
Just like you are out there organization through sellers, so too is your real estate friend. And when he finds a proprietor he can't help but who shows signs of being inspired, your agent can refer the seller to you. Better, asks your agent friend to go by along the owners name and receiver number and give the owner a call yourself. This is a great foundation of deals that no other sponsors will know about.

Best of all, when you obtain this third party transfer you are getting a massive increase to your reliability. In real meaning the real estate agent is recommending you to the seller. This makes things much easier for you to put a deal together than if you were just coming in cold.

Payday Number Four: Fast and Free Access to Property Information
When you're out there putting mutually deals, wouldn't it be expensive to be able to call up your real estate call and ask him for information like sales comparables, market rents, and rates of appreciation? If you're passing on a number of good leads a month to your real estate friend you will be astonished at how fast he will get back to you with this information he simply pulls up from the MLS. If he isn't fast, there are many agents out there who are dying for your leads who will be much faster. The most important thing to keep in mind when you are putting together this relationship to start is to always be willing to give value first. This means go by leads on to your manager companion for a short while before you ever call them up asking you for a favor. This will help you build faith into the relationship and strengthen your agent to working with you.

Over time this relationship will bribe generously for you. When you get the relationship going powerfully you've just added a helper who is working with you to help you make more money.