Well business is beginning to jump! However I am not sure were the bird dog lead stops and the investors work begins??? I have found and sent numerous leads to investors. I am now being asked to call sellers/realtors and propose the investors offer and/or terms. Is this part of bird dogging or should this be where the investor steps in? Can someone please advise me on this. I am concerned I could blow the deal because of my inexperence in real estate.
If you have a motivated seller you will not blow the deal just because you are new. Anything you do will be a good learning experience. Almost everyone has a asking price and a bottom dollar price. You may be able to find the bottom dollar price by just asking the seller what they really have to net from the sale. With just a phone call you may be able to wrap up the deal and earn a fee. The better the deal the more you may want to ask for your fee.
I should have just sent you an email asking. I did take your advice and contacted the sellers for the investors. I have a potential of pulling down about $2500 in fees for a few days of searching and setting up the deals. I hope everything goes as planned. Thanks (as always) for your great advice!
Glad to help. Just doing the little bit I can to help motivate new investors to get started. No better way than making some good money finding deals. After a few you may be ready to take on a rehab project or buy some rentals at below market. Glad I could help you some.