As I sit here reviewing my daily schedule of things to do, I thought of an excellent blog post for new and beginning wholesale investors. Today we will discuss the benefits of being a bird dog. I know the term birddog sounds funny but you may ask what is a bird dog anyways? A birddog is someone who finds deals for investors for a fee. It is a great way to start learning about real estate and investing. You can start in your spare time. There is zero financial risk. No start up cost. You do not need any money or credit to get started. Also this way you can find out if real estate investing is for you, before spending money on courses and books and other learning material. Its a great way to earn while you learn. All you have to do is bring deals to the investor and if the deal is closed and the investor buys it you are paid a referral fee. This can be a flat fee, or percentage of the purchase price, or a fee you add to the sale price over and above what the house sells for. As mentioned before starting out as a birddog is an excellent way to get your feet wet and it will teach you how deals are aquired and how deals are bought and sold. Hope this helps and I'll on the next blog post.
No comments:
Post a Comment