This probably sounds crazy, but I’ve been investing in real estate approx 4 years, and have never heard the term “Bird Dogs”. Can someone advise please? Thanks
From reading the posts, I think I get the gist, however can someone elaborate alittle further? Thanks!
James
A bird dog is a person that find deals for you and you pay them a % or flat fee.
Some only get the address name & number (Fee maybe of $250)
Others get more info like how much they will sell for, amount of repairs etc (fee around $500-$1000 depending on how much info they get)
Others will do all of the above and get it under contract and assign it to you for a fee of 5-10k depending on the profit potential for you.
All of these fees are only paid “IF” you close on the property they find for you.
Hope this helps.
That sums it pretty well. Thanks for info.
James
Google search is a great thing and there is a whole section on the articles page of this site dedicated to Bird Dogging.
“Bird Dogging 101” is one of them.