Bird-dogging how to get started

[Ian Hutton]

Hey all I’m curious I’m in the CA area (30 year old) have 2 properties one in CA and another split partnership in MI Lansing both cash flow decent, but I find myself waiting for the next deal building up savings. I love to look into markets and finding deals. How does bird-dogging work? How do I get set up? And how do I connect with investors looking for someone like me to help them out. Tbh for first couple of deals I don’t mind working for free I just want to get some more experience under my belt. 

Thanks in advance! 

[Joe Villeneuve]

Here's the problem with people that want to start out with Birddogging, or wholesaling. Actually, it's problem with them even after they start out which is why they both get bad raps. A good Birddog or wholesale deal must contain the same research and analysis that the end REI is looking for. You have to analyze the property all the way to the point where the birddog would buy it on their own.

The other problem, is they look for whatever deals they find, tie them up, then offer them to anyone that will listen. That's backwards. First, find out what the end REI is looking for, then go out and find that property for them. If you follow the former method, you will end up frustrated holding properties that you can't get rid of, and pi$$ing off a lot of sellers.