In simple real estate investing terms, a bird dog is someone who scouts for real estate property investments that are good deals and that a real estate investor will want to purchase. When a bird dog find a great REI property he tells the real estate investors and he gets paid a chunk of money for his work. Normally anywhere from $500 to $2,500 dollars.
It can be as simple as scouting the neighborhood and writing down the addresses to every vacant real estate property. Many investors will use that list of vacant property to find a great Real estate investment and they will pay you for finding the potential investment in the first place.
Once you get good, it can be much more complex. Where you actually market to get leads, analyze properties, and then report to your local real estate investor. Obviously, here you will get much bigger commissions.
Here is a good website for you to get all the best information on being a bird-dog.... realesetatebirddog.com
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