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Finding the Best Home Improvement Loan Rate
If you're looking for a good home improvement loan rate, you might have to take your time and shop around a little bit.
The home improvement loan rate that you get can depend on several factors… your credit history, the amount of the loan...
Flip That House Style Real Estate Investing
I love those TV rehabbing shows like Flip That House. On the show people buy a house needing to be seriously updated and repaired. Usually the kitchen is heavily upgraded with new cabinets, cutting edge appliances, new countertops and more. The...
Mississippi Real Estate – The Magnolia State
Mississippi is a state known for having a classic southern style. Mississippi real estate is some of the cheapest in the land.
Mississippi
Named after the Mississippi River, Mississippi is a state holding on to its history. Much of the state...
Nebraska Real Estate – The Cornhusker State
When the state nickname is based on the beloved University of Nebraska college football team, you know all you need to. With inexpensive prices, you’ll have your pick of Nebraska real estate to watch the games.
Nebraska
To the surprise of...
When is the Best Time to Move?
As Realtors, we are often asked, "When is the best season to move?" This is a tough question, one we cannot answer for you. Most people are asking about price, do they fluctuate throughout the year? NO. Just the number of homes on the market...
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Bird-Dogging - Getting A Start In Real Estate Investing
Are you anxious to get a piece of the wealth that is to be found in real estate investing? Until now, if you didn't have experience or cash it would be very unlikely that you'd be successful since real estate investing carries enormous risks and high startup costs. New investors with a lack of knowledge have lost all of their savings from a bad investment.
How can you prepare yourself to take on this lucrative market, especially with no cash?
The buzzword among investors for those making a start in this field is "bird-dogging". Don't forget it.
WHAT IS 'BIRD-DOGGING'?
Bird-dogging is a system which allows those who are interested in real estate investing to gain experience AND income with no risk.
Bird-dogging combines the enthusiasm of the new investor with the money and experience of successful investors. Bird-dogs search out properties that are abandoned, lacking attention or are in disrepair and attempt to contact the owners about their interest in selling. The idea is to find home owners who are anxious to sell. This may also include owners with foreclosures, divorces or a death in the family.
Bird-dogs then show the property to the investor. If the investor is interested or closes the deal they pay a 'finder's' or 'referral' fee to the bird-dog for the service of locating the
property.
HOW DO YOU BECOME A BIRD-DOG?
Your first step would be to find a company who advertises on signs or in the newspaper that they buy houses, or take over payments.
Tell them what you'd like to do and ask them which areas they'd prefer you to look at. Drive around the area and look for 'For Sale by Owner' signs, rental homes and boarded up homes.
You will develop a sense of what individual investors are looking for over time. This is the learning phase. You will pick up what experienced investors consider 'good' or 'bad' deals based on working with them. Expect your finds to be turned down at first as you learn.
HOW MUCH DO BIRD-DOGS MAKE?
Fees paid vary from $500 to $5000 depending on the investor or the cost of the deal. Some businesses will also pay you a standard fee if you bring new investors into the business.
You can make living as a bird-dog or save your new found wealth to invest yourself when you've mastered the art of spotting the perfect deal!
About the Author: This article provided courtesy of http://www.texas-real-estate-guide.net
Source: www.isnare.com
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