By Donte Mazyck
In today's housing market there is a huge opportunity for new investors also know as real estate bird dogs, property locators or local associates. Whatever name you choose to call yourself allowing yourself to become a real estate bird dog, then you can get the inside scoop of the type of deals to look out for, the different players in the area. If you can find the deals and match them with a buyer, there is a serious opportunity to enter the industry of real estate investing.
New real estate investors or bird dogs that want to become successful should learn the basic rudiments of their niche and understand their role like the hair on their face.
Find their Buyers:
- The only way to become successful at real estate as a business you have to determine the best types of deals. Most people start out the real estate world as a bird dog to learn a system to figure out how to take what they learned and apply it to their own venture. The more buyers you have lined up the more money you can make. You can have the best deal in the world but if you don't have the cash or buyer lined up that perfect deal can slide between your fingers. Your goal should be to have at least 15-20 buyers to review your deals.
Once you learn who the buyers are you can really make some great cash, but not until you find a deal they might want. If you don't have buyers line up already then you might want to go out and find an investor that has some buyers to make immediate profits. Just let the investor know upfront that you want to work with them so you can learn who the players are to eventually do your own business or at least take what you learned on the road.
Locate some deals:
The second secret ingredient to successful real estate bird dogging is find deals. The hardest part about starting out as a real estate investor on your own without learning the ropes, you will quickly find that you will fail if you don't have a source of leads to sift through for your buyers. You can have all the buyers but without the right deal your buyers will buy from someone else. That is why it is so important to develop a system that provides you with leads when you need to make some cash. There are so many ways to find leads. You can call owners from the newspaper, call owners with for sign signs in their yards, or place your own ad in the newspaper. Another way you can find good leads is by going to the internet. The internet is the largest source right now for a good source of leads. Once you find a great way to produce leads you will be on your way to making some huge profits.
- Present Information to Buyers
You don't want to ruin your chances of selling your best lead to one of your best buyers by not providing the most information possible. A good bird dog or property locator will provide as much information as they can so they won't waste their time or their buyers time. Your investor buyer will want some of the information listed:
1. The property address
2. Basic condition from the outside or even better if you have information on the inside
3. The asking price
4. Do you think the property is worth the asking
5. The owners contact information
6. Pictures outside ok, but preferably inside too
7. Pictures of surrounding houses
8. Internet access
9. Email account
10. Accessible phone line
If you provide all of this information you will take your profits from $500-$1,500. Learn the techniques listed in this article and you are sure to be on your way to earning some serious cash in your beginning bird dog or property locator career. There are plenty of books and training you can receive for free. You can find some books at the library or contact an investor and ask for some training, if you are willing to be their bird dog, then you might get some free training.
- Donte Mazyck is the acquisitions manager for BofC trains real estate bird dogs and property locators to become BofC's joint venture partner in selected cities. BofC offers free training for a bird dog and property locator for each city. The current real estate market is in a slump and this is the bird opportunity for a bird dog, new investor or property locator to get into the business. BofC offers free cutting edge training for those that want to penetrate the real estate market. BofC also offers leads for sellers for bird dogs and property locators to eventually become joint venture partners.
Bird dogs and real estate investors can get more information and start up by going to Bird Dog Opportunity We look for bird dogs to work one particular city since we are located in a different city and it's more feasible for us to train local associates to handle deals in their prospective market.
For strictly bird dog opportunities which doesn't include more money or joint venture opportunities, you can go to Real Estate Investor Training for the basic start up without the free training. This opportunity is for the truly part time bird dog.
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