Bird dogs

Bird dogs

Wholesaler · Taylor, MI · Member since 2015 · 35 posts · 6 votes

I want to make a CL ad for bird dogs. Is there a certain way I should word it? I don't want to say anything that would seem like Im doing anything illegal. I am still learning. Is there any good articles on how to get bird dogs on your team and the interview process? 

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Louisville, KY · Member since 2015 · 209 posts · 58 votes
10y

To start off, you are not doing anything illegal. In your ad  state that you're looking for motivated people to help assist you in finding deals. Give them your criteria and if you close on the property  pay them a fee (usually $500). 

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  • Louisville, KY · Member since 2015 · 209 posts · 58 votes
    10y

    To start off, you are not doing anything illegal. In your ad  state that you're looking for motivated people to help assist you in finding deals. Give them your criteria and if you close on the property  pay them a fee (usually $500). 

  • Rental Property Investor · Davenport, FL · Member since 2013 · 285 posts · 220 votes
    10y

    Another thing you could try is to make a business card or something with your info and give it to people who are in the areas you are looking to invest.  I have been checking out properties and the neighbor comes over and tells me about more houses where the owner may want to sell.  They get a card.  I hand them out to the mail carriers, ice cream van, or whoever is driving areas and would like to make an extra $500.  

  • Wholesaler · Taylor, MI · Member since 2015 · 35 posts · 6 votes
    10y

    Thank you both for the tips!

  • Lender · Elk Grove, CA · Member since 2016 · 190 posts · 94 votes
    10y
    Originally posted by @Joseph King:

    To start off, you are not doing anything illegal. In your ad  state that you're looking for motivated people to help assist you in finding deals. Give them your criteria and if you close on the property  pay them a fee (usually $500). 

     Been wondering, how can the bird dogs follow up to see if any of their leads get converted to a closed deal? I want to start placing ads for bird dogs soon and I'm not sure how to answer that question. 

  • Louisville, KY · Member since 2015 · 209 posts · 58 votes
    10y

    So I've been a bird dog and it's just simply following up with the buyer via email or phone. But it's on the buyer to notify the bid dog that they closed on the deal.  @Jake Knight

  • Lender · Elk Grove, CA · Member since 2016 · 190 posts · 94 votes
    10y

    I see. thanks, @Joseph King

  • Wholesaler · Taylor, MI · Member since 2015 · 35 posts · 6 votes
    10y

    For me I plan to send each bird dog an agreement of services. I keep my word even if I didnt have a contract. They should know a deal closed when they receive their money.

  • Rental Property Investor · Overland Park, KS · Member since 2016 · 205 posts · 85 votes
    10y

    @Joseph King Thanks for all the great advice on here.  I was searching for more info on bird dogs and you really gave some good info.  

    I am curious about the payment side of things. When an investor pays a bird dog, is it typically a check from the investor prior to close (but after the offer is accepted) or following the closing?

  • Wholesaler · Taylor, MI · Member since 2015 · 35 posts · 6 votes
    10y

    from my understanding they get paid at closing and you also give them a 1099. I could be wrong i have yet to pay a bird dog fee 

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