New To Investing, Trying To be a birddog.

New to Real Estate · Jonesboro, AR · Member since 2023 · 61 posts · 13 votes

Hello everyone. I'm new here and investing. I'm trying to break into it by starting out as a birddog. I'm not confident enough in my deal finding to try wholesale yet. Any advice?

I didn't see any specific rules on this but if missed them please let me know.

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David Ramirez

Investor · Tampa, FL · Member since 2019 · 1k+ posts · 1k+ votes

Network with investors in your area. Go to the network tab and click meetups or go to members and search by location. Good luck!

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David Ramirez
Investor · Tampa, FL · Member since 2019 · 1k+ posts · 1k+ votes
3y
Network with investors in your area. Go to the network tab and click meetups or go to members and search by location. Good luck!
1 Reply
Marlon FongPro Member
BiggerPockets Support · Bridge City, TX · Member since 2016 · 1k+ posts · 367 votes
3y
Welcome to the site @Josh Milewski! It's great to have you here.

Here are some recommendations for you:

Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...

Read Beginner’s Guide: http://www.biggerpockets.com/r...

Check out BP Money Podcasts: https://www.biggerpockets.com/...

Wishing you the best!
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Alli Breighner
Lender · San Diego, CA · Member since 2022 · 587 posts · 298 votes
3y
Hi Josh- welcome to BP! I'd love to connect.
1 Reply
Adam MaciasPro Member
Real Estate Consultant · Fort Collins, CO · Member since 2022 · 291 posts · 178 votes
3y
Quote from @Josh Milewski:

Hello everyone. I'm new here and investing. I'm trying to break into it by starting out as a birddog. I'm not confident enough in my deal finding to try wholesale yet. Any advice?

I didn't see any specific rules on this but if missed them please let me know.

Bird dogging sounds nice but you still have to deal within contracts with finders fees to make sure you get paid. I'd stick to assignable contracts and wholesaling because it's one additional step from what people mean by being a bird dog. Finding buyers is the most important part in building your confidence.
Imagine have 50 solid buyers you know have the funds, are actively buying and you see the before and after projects first hand. Wouldn't that give you some confidence?
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Josh Milewski
OP
New to Real Estate · Jonesboro, AR · Member since 2023 · 61 posts · 13 votes
3y
Quote from @Adam Macias:

Quote from @Josh Milewski:

Hello everyone. I'm new here and investing. I'm trying to break into it by starting out as a birddog. I'm not confident enough in my deal finding to try wholesale yet. Any advice?

I didn't see any specific rules on this but if missed them please let me know.

Bird dogging sounds nice but you still have to deal within contracts with finders fees to make sure you get paid. I'd stick to assignable contracts and wholesaling because it's one additional step from what people mean by being a bird dog. Finding buyers is the most important part in building your confidence.
Imagine have 50 solid buyers you know have the funds, are actively buying and you see the before and after projects first hand. Wouldn't that give you some confidence?

I guess my biggest fear about wholesaling is to get a contract that no one wants. I don't have the capitol to buy it directly yet.
0 Reply
Adam MaciasPro Member
Real Estate Consultant · Fort Collins, CO · Member since 2022 · 291 posts · 178 votes
3y
Quote from @Josh Milewski:

Quote from @Adam Macias:

Quote from @Josh Milewski:

Hello everyone. I'm new here and investing. I'm trying to break into it by starting out as a birddog. I'm not confident enough in my deal finding to try wholesale yet. Any advice?

I didn't see any specific rules on this but if missed them please let me know.

Bird dogging sounds nice but you still have to deal within contracts with finders fees to make sure you get paid. I'd stick to assignable contracts and wholesaling because it's one additional step from what people mean by being a bird dog. Finding buyers is the most important part in building your confidence.
Imagine have 50 solid buyers you know have the funds, are actively buying and you see the before and after projects first hand. Wouldn't that give you some confidence?

I guess my biggest fear about wholesaling is to get a contract that no one wants. I don't have the capitol to buy it directly yet.

That's why starting out with building a list of investors buyers is most important before anything else. Once you know people who are actually buying and know what they want, everything else is easier. Not 100% "easy" but it's way better starting with having a network of solid buyers.
1 Reply
Steven Foster Wilson
Rental Property Investor · Columbus, OH · Member since 2017 · 3k+ posts · 3k+ votes
3y
Hey Josh, welcome to BiggerPockets! I suggest you start working on your network now and attend your local REI networking groups and meetups. Connect with as many real estate investors as you can. These will be very beneficial to your goal. Hope this helps!
1 Reply
Eliott Elias
Investor · Austin, TX · Member since 2021 · 9k+ posts · 5k+ votes
3y
If you're going to bird dog, be a killer. Knock on doors, network with people, everyone should know who you are.
1 Reply
Julio GonzalezPro Member
Specialist · West Palm Beach, FL · Member since 2008 · 4k+ posts · 1k+ votes
3y
Hi Josh, welcome to BiggerPockets! Its a great place to learn and further investigate investing in real estate.

561-253-6640
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Angela Beers
Real Estate Agent · Delaware County, PA · Member since 2022 · 15 posts · 3 votes
3y
Quote from @Josh Milewski:

Hello everyone. I'm new here and investing. I'm trying to break into it by starting out as a birddog. I'm not confident enough in my deal finding to try wholesale yet. Any advice?

I didn't see any specific rules on this but if missed them please let me know.

Hi Josh! I found a big wholesaler near me and work with them for almost 4 years. I started off on the phones, qualifying leads and setting appointments, then I started doing inside sales and then I became a sales rep. I learned SOOOOO much. How to calculate ARV, rehab costs and of course the ins and outs of wholesaling. Go straight after what you want and don't waste time!
1 Reply
Jim Duncan
Banker · Tampa, FL · Member since 2023 · 39 posts · 19 votes
3y
Hey Josh. Welcome. I'm new here too, but biggerpockets seems to be a very valuable resource for meeting like-minded people. And to echo what a few people have said, I'd focus first on finding potential buyers by contacting proven builders, fix and flippers, and home investors in the area and asking them what their ideal "buy box" is of parameters they look for in a property to purchase. Once you know what a handful of people in the area want to ideally buy, it will give you confidence and a framework of what to look for.
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Josh Milewski
OP
New to Real Estate · Jonesboro, AR · Member since 2023 · 61 posts · 13 votes
3y
Quote from @Angela Beers:

Quote from @Josh Milewski:

Hello everyone. I'm new here and investing. I'm trying to break into it by starting out as a birddog. I'm not confident enough in my deal finding to try wholesale yet. Any advice?

I didn't see any specific rules on this but if missed them please let me know.

Hi Josh! I found a big wholesaler near me and work with them for almost 4 years. I started off on the phones, qualifying leads and setting appointments, then I started doing inside sales and then I became a sales rep. I learned SOOOOO much. How to calculate ARV, rehab costs and of course the ins and outs of wholesaling. Go straight after what you want and don't waste time!

I never considered working with wholesalers in this way
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