The Benefits of Bird-dogging
When I was bird dogging I would show the investor the house, we would agree on the finder’s fee, then immediately I would begin to look for the next motivated seller/house. But what typically happened was the investor would turn my deal down time and time again. How exasperating!!! Turns out what I thought was a good deal was not a deal at all. Thus my education progressed.
They were mentoring me, and I in turn made them money, while establishing trust, forming business relationships, and finding out which investors could close and who were newbie’s like my then self. I learned the areas, the houses, the market, the players, timing, and many other things that would have taken me months doing it on my own. I found the harder I worked and the more potential deals I brought to the investor the more s/he had time to spend with me, as we were now talking the same language with the same goals in mind.
When I started out as an investor, I like most had stars in my eyes and a hunger in my stomach for success. In time I began to realize that building a business takes time, knowledge, perseverance, some money (a job helps here, car is a plus), and dogged determination. So by starting as a birddog I got a good quick education. I only had to birddog a few deals, then began wholesaling once I had the ability to close the deal myself. The benefits of education I received as a birddog proved invaluable months down the road. All of the “No’s the seasoned investors told me in the beginning taught me what a “Yes” or a real deal was!
Hope this helps some and may you have a profitable, fun and very long term investing career.
Bil Guerra (Bill in Vegas)
They were mentoring me, and I in turn made them money, while establishing trust, forming business relationships, and finding out which investors could close and who were newbie’s like my then self. I learned the areas, the houses, the market, the players, timing, and many other things that would have taken me months doing it on my own. I found the harder I worked and the more potential deals I brought to the investor the more s/he had time to spend with me, as we were now talking the same language with the same goals in mind.
When I started out as an investor, I like most had stars in my eyes and a hunger in my stomach for success. In time I began to realize that building a business takes time, knowledge, perseverance, some money (a job helps here, car is a plus), and dogged determination. So by starting as a birddog I got a good quick education. I only had to birddog a few deals, then began wholesaling once I had the ability to close the deal myself. The benefits of education I received as a birddog proved invaluable months down the road. All of the “No’s the seasoned investors told me in the beginning taught me what a “Yes” or a real deal was!
Hope this helps some and may you have a profitable, fun and very long term investing career.
Bil Guerra (Bill in Vegas)
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