I’m new to the site and just learned about the wholesaleing/bird dog way of making money. Although, one of my professors in college handed out business cards stating he would pay $1,000 for any house he closed on. I always learn a step too late.
I believe I have what it takes to find amazing deals around OH. I’ve located at least 15 in the past year of attending auctions/knocking on doors, etc. My only problem is the lack of capital to get into some of these properties.
Could someone explain to me how bird dogging works? If i find a deal and give it to a prospective buyer, what’s to say I don’t get the side step and miss out on pay day? Do you have some sort of contract to use or do you just rely on good faith?
Help from the pros???