Sunday, March 14, 2010

Real Estate Bird Dogs

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Investment is the number one word for real estate. However, those who play a part in the investment will make a large difference in what is available to you. Whether you are working towards finding real estate property for profit or for your first home, knowing where the resources are and what they do can help you find the best deals.

One important person that is part of the real estate investment plan is the real estate bird dogs. The main job of a real estate bird dog is to find property for those who want to invest in real estate property. After they find a property, the investor will then pay them a service fee. The real estate bird dog will have no attachment to the property after it is found and given to the investor, leaving the rest of the changes up to the real estate investor. If one is going to invest in a property, they will expect the real estate bird dog to find them leads that are valuable and can be sold at a good price.

There are several ways in which a real estate bird dog can find a home and bring it to an investor. Most bird dogs will find property that is being sold by the owner. When this is brought to the investor, they will pay a certain amount to the bird dog. If someone is trying to have their payments taken over because of foreclosure, this can also are brought to a real estate company. Those who have had circumstances take over the owning of their property can be recommended to the investor. For example, a second mortgage that can't be paid, a death by the owner of the home, a loss of a job and other family or career related issues can be leads for a real estate bird dog. From here, the real estate company can try to sell the home. If they do, then the real estate bird dog will receive a commission for the find.

Understanding the process of real estate, and using the different resources can help you to find the best deals and make the best deals. If you aren't sure where to start, using a real estate bird dog is a good way to sniff out what is available to you. This will give you the ability to claim or give away a piece of property on the market.

Thursday, March 11, 2010

Building Your Buyers List

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Here is a brief video on how a new wholesaler can build a buyers list quick and pain free. Hope you enjoy.

Monday, March 8, 2010

7110 Flagler Dr Port Richey

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Another wholesale deal went to view today.
3/2/1 1307 sqft Block house
Needs 2500 in cosmetic work to make it a great
rental. Asking $53K

Sunday, March 7, 2010

Here Is A New Twist On Things

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Video Dated March 7th 2010
Today I got a call from another wholesaler I speak to on a weekly basis. She advised me about a new deal that just came up and asked me if I wanted to check it out. I told her "Absolutely". She sent all the necessary information to me and I looked it over and checked into it. After about 15 minuets of checking the property out I decided to go visit it. The front door was open upon my arrival. No mind you this house was about a 25 minuet drive from where I live and I felt it was that good a deal to check it out. When I pulled up in the drive way I saw a realtor sign and thought to myself "that's odd" but I still went in. I looked around the property and checked everything. This house was a 3/2/2 1700 sq ft block house. While at the house I called the other wholesaler back and she advised me the house was an "EXPIRED LISTING" from a realtor. I thought it over and thought. If you have access to the MLS you could do a search 3 months back and see all the expired listings that never sold. That in it self would give you a good amount of motivated sellers to target. I am going to do it and I think you should as well. Also you can check out the video of the house right here.

Saturday, March 6, 2010

The Game of the Real Estate Market

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Just like playing the game of Monopoly, there are specific rules to follow in order to get the right property at the right time. The rules of the game will be dependent on who you are, what your individual tastes are and what type of investment you are looking for. However, before you even start to role the dice, you will want to make sure that you know the basic rules of the game.

One of the basics that you will want to know is to decide what it takes to find the right real estate market. You can use several marketing strategies that will help you to find the right home, the right place, and to make the right type of investment with the market. Of course, while you are doing this, you will have to investigate the various areas and how they are connected to the community. This will allow you to find what will profit you with the investment in the long run.

Just like Monopoly, you will want to understand the area that you will be in and how this will affect the rules. For example, everyone knows that by investing in Broadway there will be more profit than the utilities station. This same rule applies to finding what is available in the real estate market. You will want to know the area and how it will affect your profits and your way of living. This can be examined by the demographics, the history of the area, and the flow of people that are moving in and out of the area.

After you have investigated these various things, you will be able to decide when the best time to pass go will be. This can help you to find the best deals, move at the right time and have the luck of the dice in order to get what you want and need for better living or for better profit.