Newbie. Looking for guidance

[Ray S.]

I am looking for ways to get started ... birddogging, partnering ... I am not looking to make a lot on my first deals and will provide help in the Denver area for the chance to learn.

I am looking for any other ideas on how to get started. I am not sitting still -- I am reading, researching, looking for houses and trying to understand values and rental fees in neighborhoods near me -- but I welcome any chance to work together for mutual benefit.

Ray

[Paul H.]

You can start by picking a subdivision your familiar with and start to get REAL familiar with it. When you can drive by a house and determine within a 2% tollerance of what its worth, you have learned that area.

Once you know a area, then you can birddog or whatever. Most importantly - why find others deals when you can wholesale them for more cash?

Start off by looking in a subdivison thats around 15-30 years old. Hunt in this neighborhood. Why you ask - these homes usually hold equity. They are better for wholesaling and rehabbing.

Whats wholesaling - well, some say it is controlling a property and transfering control for a fee. So, if you can find a home in this 30 year old neighborhood, make a offer with assignment, you can wholesale it to another investor and collect a finders fee.

Alot better than being someones DOG. Don't degrade yourself and don't give away deals you don't need to put cash into in the first place, unless you can assign the contract.

Later.

teh_homepwnerer