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Wholesaling
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Updated about 8 years ago on . Most recent reply

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30
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Brandon Butler
  • Virginia Beach
1
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30
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Bird Dog

Brandon Butler
  • Virginia Beach
Posted

I want to get into wholesaling, I've done my research and have the knowledge, just not the hands on experience. My question, would it benefit me to work as a bird dog and get some hands experience and see the process and if so, anybody looking for a bird dog?

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560
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Laura Alamery
  • Investor and RE Mentor
  • Miami, FL
218
Votes |
560
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Laura Alamery
  • Investor and RE Mentor
  • Miami, FL
Replied

As a bird dog, you basically scout for properties, and then bring the referral (property) to an investor for a referral fee (usually $250 to $1,000.) Why don't you use the same concept and co-wholesale instead? You still find the property, put it under contract, and then partner with an "experienced" wholesaler  to sell it and split 50/50 instead of taking just a small referral fee. The advantage of doing this is also that you would be building your own buyers' list and in no time you can do the deals by yourself and keep all the profit. :)

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