Posted by John in New England
on 11/10/2005, 6:51 am, in reply to "Re: Bird-dogging"
68.9.233.70
George, I am new to your board (this is why I'm commenting on such an old post) and I'd like others as well as myself to LEARN.
Although I have never done a Bird-dog deal yet, over the past 2.5 years I've heard a lot about them; at seminars (and the like) as well as at local REIA meetings (which include REI's from all walks of life AND from a very diverse group of professionals, Atty's, contractors, RE_investors, experienced and present landlords, etc.) and they in fact do or work with Bird-doggers with success. It's my understanding that if you are the Bird-dogger, if you know what you're doing, you structure/present the "deal" in a way that "protects" you...when you make the deal with the sellers (your text in the purchase offer) and how you do the deal with the person/people you are Bird-dogging TO. In this way your "buyer" won't be able to "find" the deal out from under you. In this Bird-dogging (or for the matter...in "wholesaling" as I've heard it said, "a piece of the pie is better than no pie." ...especially if you're new to REI or you've never tried this technique for making money and building some "working capital" for your REI_business.
Seeking your (or anyone's) feedback on this issue, so we can learn.
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