How to Make $5000.00 Now, Again and Again!

Welcome to real estate investing; new and seasoned investors alike. In this article you will learn the efforts and rationale it takes to birddog and wholesale. I found this is the best way to begin or to continue your investing career to make money with very little cash and minimal risk. It is how I started my career as an investor; it will work for you as well!



After researching most every real estate investing site out there online for six solid months I came to that conclusion.



I hope you find these suggestions helpful. They are not difficult; you don't need to spend $5000 bucks for a mentor, nor attend every one of the latest in-town seminars, nor do you need to buy 15 different courses your first month in the business. There will come a time later for more in-depth learning.



This is how to get the information and knowledge to make money bird-dogging and wholesaling.



A commitment to not quit, no matter what! Be prepared to come to grips with all the negative self-talk you may have, like "I really can't do this, the guru's can but not me." You have to learn to believe you can do this business, really believe.

A commitment to work hard and diligently. A very successful person said, "do something in your business everyday, even if it's small." These are words you want to live by.

A commitment to post on this board, your successes, failures, hopes, dreams, and every question you think is too silly and too embarrassing to ask, the latter are the most important ones. And I don't know why, they just are.

I bought Steve Cook's book "Wholesaling for Quick Cash", read and reread it about 12 times, it's invaluable.



Perform "searches" for all your investor questions. Many of your questions have already been posted along with a string of replies. Do searches of the wholesale personalities who have been successful wholesalers.



Find and read "success stories" on this site and others like it to read. This kept my spirits up during the initial rocky climb the first year.



I recommend purchasing William Tingles "Extreme Marketing" course. This course will help you learn how to market for, and find motivated sellers and have them calling

You! Which will be key to your success.



Stay focused on bird-dogging and then wholesaling. Read all you can on these two specialties. The reason is it brings cash in NOW, this is what a majority of new investors need. There will come a time for other specialties of investing. Speaking from this investor's experience it's not in the beginning. So prevent yourself from getting side tracked on other specialties the first 8-10 months, regardless of what other new investors tell you. I felt this vital to mention as most new investors are trying everything and eventually get burned out because they cannot focus and make money in one specialty.

Stay focused, on bird-dogging and wholesaling, did I mention that



It's about learning and educating yourself. When you're new; bird-dogging is always the best place to start I was told to forget about making money for myself initially. "Say again???" Yes, learn how and find that first deal for someone else. Once you are able to find deals with the help of a very patient seasoned investor it will cut your learning curve work and time down drastically. So help them first. Then you can wholesale to investors. They like that even better. As you are bringing them a signed contract they can simply close on. You will need less and less of there time, they like this. This is the foundation to mutually beneficial and wonderful friendships and partnerships with your seasoned investors.

Birddog first, with a mind on wholesaling second. That's what worked for me. By the time I bird-dogged two deals I already had enough "NO's" from seasoned investors as well as practice to then wholesale my next 40 plus contracts.

After several new investors kept asking me how I bought so many houses 45-75 cents on the dollar without the Multiple Listing Service (MLS), which commonly investors use. I myself wrote an e-book on "How to Talk with Sellers" to address just that.



The above reading recommendations and courses simply put, worked for me. Proper knowledge and education in investing are absolutely mandatory. Let me pose a question: do you know how to reduce risk and fear, which so many new investors have to the point it freezes them from doing there first deal? The answer knowledge and education. At night I read all I could find on bird-dogging and wholesaling. During the daylight hours, I was driving in subdivisions that Steve discusses in his wholesale book. It's so funny that it took me so long to find the goldmine areas Steve wrote about. But you just don't quit. I remember a conversation Steve and I had it went something like this:



"Steve I cannot find the subdivisions or houses you talk of in your course! Las Vegas is too new of a city anyway! Maryland is hundreds of years old of course you can find them there!"



Steve replied in his s-l-o-w drawl "there out there Bill, you just have not found them yet."



He was right, and I finally found the subdivisions he terms 'goldmines.' Then I would post on the site, "William, I have been marketing and marketing like your book says and still nothing!" He would reply, "Okay great, now just don't stop marketing, it will come." I was exasperated, "is that all he is going to say, just don't stop?"



But he knew what I didn't. Then, finally motivated sellers began to call me asking me to take there houses again and again. Finally, all the research, reading, posting, sweating, stressing scrimping, marketing, running, wild goose chasing, defocusing, refocusing, hoping, and praying all paid off. And paid off it did! One of my first wholesale deals netted me $30,750.00 I simply had the title company wire it into my bank account. Then I posted "oh,well" I guess it does really work huh!?!" I was able to pay for my daughter's 10k medical bill cash, no payment plans for five years, no collection agencies ect. That is what investing can do for you. And its things like this that reminded me it certainly was all worth the effort. Take these suggestions literally, apply a ton of elbow grease, and never ever quit. Then we will see your posts saying the same thing "oh, I guess it does work!" As you are getting 1, 5, 10, 30, and 40 thousand dollar assignments again and again. Now that you know how to make money wholesaling, it's on to more advanced and equally profitable forms of investing!



Blessings,

Bill Guerra (Bill in Vegas)