Two bird dogs quoted me: $400 a lead vs 1% at close
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…
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 followI'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'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.…
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…
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…
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…
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…
I move slowly and I know it. Two years of looking, no purchase, mostly because the small multifamily I want at the price I want doesn't come to market in my county more than a few…
A younger cousin is about to start finding houses for a local flipper and sent me the agreement to look at, since reading paperwork is the thing I do. It's one page, which is the…
Application is in, exam is scheduled for six weeks out, and in the meantime two investors I met through a rehab crew both want me sourcing off-market houses for them starting in M…
Every deal that comes in gets underwritten by me, so I have a clean record of where the last 140 leads came from and what happened to each one. Ran the year end cut this week and…