Are you anxious to get a piece of the
wealth that is to be found in real estate investing?
Until now, if you didn't have experience or cash it
would be very unlikely that you'd be successful since
real estate investing carries enormous risks and high
startup costs. New investors with a lack of knowledge
have lost all of their savings from a bad investment.
How can you prepare yourself to take on this lucrative
market, especially with no cash?
The buzzword among investors for those making a start in
this field is "bird-dogging". Don't forget it.
WHAT IS 'BIRD-DOGGING'?
Bird-dogging is a system which allows those who are
interested in real estate investing to gain experience
AND income with no risk.
Bird-dogging combines the enthusiasm of the new investor
with the money and experience of successful investors.
Bird-dogs search out properties that are abandoned,
lacking attention or are in disrepair and attempt to
contact the owners about their interest in selling. The
idea is to find home owners who are anxious to sell.
This may also include owners with foreclosures, divorces
or a death in the family.
Bird-dogs then show the property to the investor. If the
investor is interested or closes the deal they pay a
'finder's' or 'referral' fee to the bird-dog for the
service of locating the property.
HOW DO YOU BECOME A BIRD-DOG?
Your first step would be to find a company who
advertises on signs or in the newspaper that they buy
houses, or take over payments.
Tell them what you'd like to do and ask them which areas
they'd prefer you to look at. Drive around the area and
look for 'For Sale by Owner' signs, rental homes and
boarded up homes.
You will develop a sense of what individual investors
are looking for over time. This is the learning phase.
You will pick up what experienced investors consider
'good' or 'bad' deals based on working with them. Expect
your finds to be turned down at first as you learn.
HOW MUCH DO BIRD-DOGS MAKE?
Fees paid vary from $500 to $1000 depending on the
investor or the cost of the deal. Some businesses will
also pay you a standard fee if you bring new investors
into the business.
You can make living as a bird-dog or save your new found
wealth to invest yourself when you've mastered the art
of spotting the perfect deal! We look forward to working
with new partners.
Here's how it works:
If you see any "for sale by owner" or vacant houses
please use our form below and provide us with the phone
number and property address of every house you find.
Also, if you have a neighbor, friend, etc. that would
like to sell their house then fill out the form below
with their info. We pay a $500 cash referral fee if we
successfully buy the house you found for us. After we've
done 3 deals with you we will start increasing your
referral fee. After 5 deals, we'll pay you $750 and
after 10 deals $1,000 each.
Of course, we also sell houses and we can even use
rent to own or owner financing to help the buyer into
our houses. If you know anyone who is trying to buy a
house or needs help getting a loan provide their name &
phone number using our form below. We pay you a $250 cash
referral fee if they purchase one of our homes.
Please feel free to call us with questions,
1-800-709-5523, email us, or fill out the Referral form
below!
Don't forget
to add yourself to our
Buyer Alert List
so that when you are ready to buy you will already be on
our Investor Buyer list.
Good luck to you!
Home Referral
Form
|