This entry treats bird dogging as a service business: systematically finding and delivering promising property leads to investors for a fee, operated as a deliberate lead-finding service rather than a casual side activity.
Log in to followHe buys small multifamily and said if I bring him an address he ends up closing, he pays $500 per door. He wouldn't put it in writing, said that's just how it works and everyone i…
I'm funding the acquisition side for a partner who buys and flips 6 to 8 houses a year in a mid-size midwest market. Average purchase is around $145k. Two people pitched me last w…
I have been mapping how the land guys I follow structure their lead delivery and there are two camps that both look defensible on paper, so I want to see where this room lands. Ca…
Six weeks in and I want to write down what happened while it's still clear. I'd built a list of 340 candidate properties in two zip codes, sourced from a mix of code violation pos…
Everything I read frames bird dogging as the thing you do for six months before you start wholesaling or buying, which makes it sound like an internship you assign yourself. But s…
I want something to show an investor by the end of next month and I've got about $300 and four free weekends. Two ways to spend it and I keep flipping. Option one is data. A list…
Hired one part timer in October to do the phone half while I do the sourcing half. Posting the numbers because everyone tells you to hire and nobody tells you what the middle thre…
Wanted the fee structure settled before I had any leverage, so I built something a bit odd and it held up for two quarters. Structure: 175 per accepted lead, client has 5 business…
I've been driving a couple of older neighborhoods on weekends and writing down houses that look neglected. Peeling paint, tarps on roofs, mail piled up. About 90 addresses so far.…
My scope keeps eating my margin on the renovation work, and now I'm looking at whether feeding leads to other buyers is worth my evenings. What I can't find is a straight number f…
The first rental is still four months out and I've been filling the wait by working a small pre-foreclosure and code-violation list in one township, partly to learn the market I'm…
I'm trying to figure out how to do this without getting in trouble. Everything I've read says bird dogging needs no license because you never own the property or negotiate. Then a…
Been driving the same four neighborhoods since October, mostly older ranch stock built in the fifties. My list is 212 addresses with photos, and I've pulled owner names off the co…
Still stinging so I'll keep it factual. I got introduced to a flipper through a local meetup. He said he pays 1,000 on any lead of mine that he closes. No fee per lead, no retaine…
I've been drafting a service agreement for a lead-finding arrangement and I got stuck on the scope clause, which forced me to answer a question I hadn't actually answered. What am…
I came at this from notes and paper and ended up bird dogging almost by accident, because the pre-foreclosure filings I was reading for note leads turned out to be worth more to h…
Six weeks of paying someone per address and the invoice math came out worse than if I had done nothing at all. Setup. I hold a small portfolio and started running leads on the sid…
Ran this for seven months and shut it down in March. Posting the whole thing because the failure was at step one and I didn't see it until step four. The plan: serve two investors…
I've got capital and no deal flow, and two people have offered to send me leads. One wants a flat amount per lead he sends. The other wants nothing up front and a cut when I close…
Three spotters, five investor clients, and last month we delivered 74 accepted leads. Revenue split: the big client took 45 of those at $250 accepted plus $1,250 on close, and clo…