A bird dog locates promising investment properties, distressed houses, motivated sellers, off-market opportunities, and passes the lead to an investor who does the actual deal, in exchange for a finder's fee.
Log in to followI was doing this to build the down payment for the first rental, and I wanted the practice of looking at houses without the risk of owning one. It didn't work, and the reason is s…
I frame houses for a living, so I'm on residential streets five days a week and I see the vacant ones before the mail carrier does. Started passing addresses to three local invest…
Two investors in my market are offering me different structures and I want to think about this properly before I pick. Investor A: $500 flat, paid only when they close. No cap on…
Notes and paper still confuse me most of the time, and bird dogging keeps getting recommended to me as the place to start because it needs no capital. I want to test that claim be…
I've been driving a three-county area and pulling code violation notices off the county site, maybe 30 to 40 names a month that look worth a call. Two investors are interested. In…
I do roofing and gutters, mostly repair work, so I'm on ladders looking at houses all day. Two months ago I bid a roof on a 1950s ranch, three layers of shingles, decking gone sof…
I've got a list of about forty addresses I'm interested in for my own land reasons, and a neighbor keeps telling me I should be handing the house-shaped ones to a buyer he knows.…
Passed a pre-foreclosure to a buyer I hadn't worked with before. Single family, 1,800 square feet, owner about eleven months behind, and I'd had two long conversations with her. S…
I'm about two thirds through the pre-license coursework and I have four vacant houses on a street near me that nobody seems to be doing anything about. Two have notices taped in t…
Thin margins are my whole life and I don't want to spend 800 on an entity for something that might pay me 500 once. Somebody told me you can't accept a fee as an individual, you n…
I spent three weekends driving two older neighborhoods on the north side of my city, writing down houses with tarps, dead grass in July, mail piled in the box. Ended up with six a…
Still mostly on the paper side of things and confused about most of it, but this one bothers me. Every data source I read about, court probate filings, tax delinquency rolls, pre-…
Five months of pulling addresses off my own job sites and off the pre-foreclosure and tax-delinquent lists at the county. 41 leads passed to four investors. 3 closed. I got $1,500…
I started scouting to meet the people I eventually want to place money with, and I kept records the whole way because I wasn't sure the activity paid for itself. Seven months late…
There's a 1950s three bedroom on my walking route that I'd been looking at for about twenty months. Gutter hanging off the back corner, mail wedged in the slot so hard the flap wo…
Been at this alongside my own deals for about a year and this is the first bird dog fee that was worth the time, so writing down what actually made it different. The lead came out…
My plan has always been service side rather than owning property. What I'm circling is whether bird dogging can be run as a small business with subscribers rather than one-off fee…
I don't invest and I'm not sure I want to. But I'm out in neighborhoods constantly for work and I notice the same things over and over, houses with two years of mail in the box, b…
Different question from my other thread, more basic. Before I had any agreement with anybody, I'd been writing down addresses in a notebook for about a year and a half because fra…
Two weeks in and I've got a conversation going with a buyer who does maybe fifteen houses a year. He said something I can't work out. For my first three leads, no finder's fee, bu…