new to birddogging
I have the opportunity to enter a Birddog program with an investor in my area. I have never done a real estate deal before and have only heard about birddogging from this website until I met this investor. These are the terms: A $1000 initial investment on my part to show that I am serious ( I think I might get this back after my first deal). I then go to four hours of training and then either I find properties to flip or he will send me out to negotiate on his part. I am a 50/50 partner on the first five deals then on the 6th deal he helps me but I get 100% profit. Then I am free to go own my own. Does this sound like a good propistion? 
From my experience, some of these investors waste your time. As if you do not find them a mine of gold, they won't buy the property. They are looking for properties that could get them very high profits and these properties are hard to find. Basicly 1 out of 20 properties u lead them to, they might buy. This is just my opinion, and a friends experience. I bet there is very good investors out there that won't do that, but just be careful.
Thanks for the advice.
PITTSBURGH15228,
Glad to meet you.
Well for $48 buck my e-book will teach you how to become a Bird Dog.
You can post here for FREE if you have a question that you need help with about Bird Dogging.
So save the $1,000.00, Bird Dogging is a great way to start in this business, you will soon learn who the pro investors and the wannabes are. Someone who wants to charge you this amount, I have doubts they can spell investor.
Welcome on board this board, just my opinion on how to start in this great industry.
John $Cash$ Locke
THANKS FOR THE INFO. I JUST SPOKE WITH SOMEONE AT THE REAL ESTATE INVESTMENT CLUB IN MY AREA AND HE KNOWS THE INVESTOR BUT IS NOT SURE IF THIS IS A GOOD PROPOSITION OR NOT. I DO THINK I WILL GET THE $1000 FEE BACK AFTER THE FIRST DEAL. THE UP FRONT MONEY IS JUST USED TO SHOW THAT I AM SERIOUS. I ALSO READ THAT USUALLY A BIRDDOG IS PAID A FLAT FEE OF SAY $500. IN MY CASE I AM A 50/50 PARTNER AND I THINK I WOULD BE ABLE TO GET MORE THAN $500. I THINK I AM GOING TO JOIN MY LOCAL INVESTMENT CLUB FIRST AND SEE WHERE THAT TAKES ME. I'M SURE I WILL BE ABLE TO FIND OTHER PARTNERS.
I could have sworn I just saw $JCL$'s avatar shake its head.....
I don't understand your reply?
Hi PITTSBURGH15228,
Bird-dogging is a great, risk free way to get started. Paying $1,000 seems a bit extreme. You can easily learn how to find good, quality leads that Investors will love. You should be getting the $1,000!
Good luck
If still you want to birddog the Pittsburgh area then contact me. I won't charge you a dime. As a matter of fact the money will only travel in one direction.....to you.
Hold the phone... he wants you to pay him $1000.00 for the pleasure of doing all the leg work finding him properties?
Hmm... if I could find enough people to do this that would answer all my "no money down" questions...
Just sounds ... funny...
Hello Pittsburgh,
I'm a newbee myself and born in Gibsonia. I have to agree with the rest. I don't see the need for you to front money to show you are serious....I'm sure any investor will beleive you are serious when you present your first find. Drop me an email on my profile page and let me know hoe the investment market is looking in Pa. It has been at least 15 years since I bought in Pa.