How does the birddog process work?
I mean…let’s say you’re the first one to come across a great deal but you can’t or don’t want to act on it because you’ve currently got too much on your plate and don’t want the financial risk of juggling more till your own plate is cleared.
How do you control the property as a birddog and make at least some chump change doing it.
Thanks,
-Mike
You usually don’t, otherwise you would wholesale it for minimal fee. Birddogging is when you tell your investor about it to negotiate it and close it and you get referral fee.
Thanks…I guess I was referring to wholesaling then.
Same question then…
How do you control at minimal risk/cash outlay and just make minimal fee to pass on a great deal on to another investor…aka wholesale.
-Mike