Bird Dogging Basics
In real estate, a bird dog locates potential investment properties by finding distressed properties and motivated sellers. They inform investors about them. If the investor buys the property, the bird dog gets a finder’s fee, like hunters using dogs to locate and retrieve birds.
Bird dogs don’t negotiate with sellers, only find opportunities. Investors decide if to pursue deals. For helping find deals, bird dogs get paid. The work is difficult but teaches real estate basics.
Bird Dog Contract Essentials
A bird dog finds investment properties for investors. They get paid when an investor they work with buys the property. Fees typically range from $500 to $1,000 per deal or 2% to 10% of the profit. Laws vary on what bird dogs can legally do. Finding good properties can take time. Working with reliable investors ensures getting paid.
Starting as a Bird Dog
A bird dog finds investment properties for investors. They get paid when an investor they work with buys the property. Fees typically range from $500 to $1,000 per deal or 2% to 10% of the profit. Laws vary on what bird dogs can legally do. Finding good properties can take time. Working with reliable investors ensures getting paid.