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Learning by Bird Dogging

September 1st, 2010 Leave a comment Go to comments

The concept of bird-dogging is a great way to learn the real estate investing business.  This gives you a chance to learn the field before you get to the place of studying real estate comps.  Real estate bird-dogging is the process of finding great deals on property and then getting paid for it.  You provide investors with property leads and they pay you for those leads.

Why do you call it bird dogging?  Investors call it bird dogging because you are going out and retrieving leads for investors.  Be it scouting the neighborhoods and using your InvestorCompsOnline access to help with potential deal information. Just like a bird dog goes out and gets birds for hunters.

The main benefit of bird-dogging is you do not need to have good credit. With traditional real estate investing a lot of times you need to have good credit to get a loan and buy houses. There are ways to become a rock star investor without good credit but bird-dogging is a great place to start and earn extra income.  There is no money needed.  Honestly, all you really need to start is to walk around a few neighborhoods and look for houses, just hear of someone looking to sell quickly,  and you can also use your InvestorCompsOnline account to assist the investor in valuating the potential deal(s).  This could be a great way to learn a market and learn about real estate investing.

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