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Updated almost 18 years ago, 03/02/2007

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10
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Scott Walton
  • Homeowner
  • Columbus, OH
0
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10
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Bird dogging

Scott Walton
  • Homeowner
  • Columbus, OH
Posted

Has anyone heard anything about birddogz.com, or ever earned any money finding properties for them? I just signed up and I figure the education I'll get couldn't hurt, but I was wondering if anyone here has earned one of those $1,000 checks for finding them a deal. I plan on giving them a shot just to "practice" so I can know a good deal when I see it. Thanks folks. I appreciate your replies.
-jetmek02 :D

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18
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Replied

i signed up for it, just too see what it was like and to get some more info on birddoging. there seemes to be alot of info to soak up and there's some free forms there too. i haven't actually done buisiness with them and not sure if i would yet, but i guess if your only birddoging for them you wouldn't really be out much if it went sour.

i'd love to here if anyone has done any deals with this and if it turned out ok.

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18
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Replied

oh yeah, when i signed up i gave them my alternate email addres that i check twice a month and they sent me 8 emails within three days. i hate that, so i would give them an email that you don't care about getting cluttered up.

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N/A N/A
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Replied

I signed up also and would like to know if anyone has received any checks.

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1,981
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659
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Ryan Webber
  • Wholesaler
  • Amarillo, TX
659
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1,981
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Ryan Webber
  • Wholesaler
  • Amarillo, TX
Replied

I received a 3 or 4 emails from them the first couple days after I signed up, but not 8. Now I don't know about the $1,000 checks or their program or anything else about their company, but when I read through their free ebook on finding deals I was very impressed. It gives some very good ideas for a new investor to use to get started in birddogging or wholesaling or really just in finding deals.

You don't need their $1,000 checks. They give you a $1,000 because they just made $5,000 selling it to another investor. Find your own investors and sell it yourself and make $6,000.

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10
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Scott Walton
  • Homeowner
  • Columbus, OH
0
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10
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Scott Walton
  • Homeowner
  • Columbus, OH
Replied

I THINK I have it!!!

-I meet some investors/rehabbers, etc.

-I find a property that I think is a good deal.

-I enter into an assignable contract with the seller.

-I assign the purchase of the home to the investor.

***What happens if the deal goes south for whatever reason? Is the wholesaler left holding the bag? I mean what are my obligations contractually? Is this where I need an exit strategy?

Thanks again for the replies.
-Jetmek

User Stats

1,981
Posts
659
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Ryan Webber
  • Wholesaler
  • Amarillo, TX
659
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1,981
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Ryan Webber
  • Wholesaler
  • Amarillo, TX
Replied

Well it depends on what contract obligations you have obligated yourself to. You control what you sign, so protect yourself, that's what contingencies are for.

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20
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Replied

Let me know how it works out, as it sounds interesting but I'm a little wary of giving it a shot myself.

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16,121
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5,815
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Joshua Dorkin
Pro Member
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Maui, HI
5,815
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16,121
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Joshua Dorkin
Pro Member
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Maui, HI
Replied

The latest word is that many investors are not getting a response from this site.

User Stats

1,981
Posts
659
Votes
Ryan Webber
  • Wholesaler
  • Amarillo, TX
659
Votes |
1,981
Posts
Ryan Webber
  • Wholesaler
  • Amarillo, TX
Replied

I think there is a lack of understanding about how the registration works at birddogz.com. Once you send in your initial information you are automatically registered, and you can sign in and access their ebook immediately. No response from them is required to access their website. They don't communicate this very well, though, and I can see why people get confused.

ResearchRetrieve, if you are referring to being wary of wholesaling, then I can personally assure you that it works well when done correctly.

User Stats

1,981
Posts
659
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Ryan Webber
  • Wholesaler
  • Amarillo, TX
659
Votes |
1,981
Posts
Ryan Webber
  • Wholesaler
  • Amarillo, TX
Replied

I am now paying $1,000 birddog fee for any deal I buy. :wink:

User Stats

60
Posts
3
Votes
Chris Sanders
  • Real Estate Consultant
  • Forest Park, IL
3
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60
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Chris Sanders
  • Real Estate Consultant
  • Forest Park, IL
Replied

Hey guys gals,

Not trying to rip on birddogz.com but let's be real here. You can make much more $$ if you simply invest some time. All they are, (speculating), are probably a some group (one dude) that got together and created a site to funnel deals through. I'm a mortgage broker and I come here to look for deals all the time.

Say you birddog a deal for them...are you getting paid for what it's worth? Probably not. You find a good deal, do some home work. Post it yourself to the various REI sites, like this one. What do you need them for? If you're getting paid $1K, $5K, from birddogz, guess what they're making.

Take the initiative, do it YOURSELF!

My 2cents....

Shameless plug: You got a deal you don't know where to take, run it by me. I'll go 50/50. Maybe 40/60 you. Who knows. What matters is you find someone that knows where to take a deal and get paid for it!

Best of luck!

User Stats

60
Posts
3
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Chris Sanders
  • Real Estate Consultant
  • Forest Park, IL
3
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60
Posts
Chris Sanders
  • Real Estate Consultant
  • Forest Park, IL
Replied

By the way, Joshua, not simply trying to plug myself. I just want people to get paid for what a deal is worth!

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5,815
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Joshua Dorkin
Pro Member
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Maui, HI
5,815
Votes |
16,121
Posts
Joshua Dorkin
Pro Member
#2 Questions About BiggerPockets & Official Site Announcements Contributor
  • BiggerPockets Founder
  • Maui, HI
Replied

No problem. Imagine if I got paid for every deal that went through this site . . . hint, hint! Any takers??

User Stats

60
Posts
3
Votes
Chris Sanders
  • Real Estate Consultant
  • Forest Park, IL
3
Votes |
60
Posts
Chris Sanders
  • Real Estate Consultant
  • Forest Park, IL
Replied

LOL! No kiddin'. I imagine you come across some doozies! We should chat some time. I have a great equity participation deal for developing that can't be beat. Maybe you know of some deals....

Thanks,

User Stats

60
Posts
3
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Chris Sanders
  • Real Estate Consultant
  • Forest Park, IL
3
Votes |
60
Posts
Chris Sanders
  • Real Estate Consultant
  • Forest Park, IL
Replied

....or is that a conflict of interest, you being moderator and all. :)

User Stats

12
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0
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Replied

when you find an investor that wants to contract you to find them properties that you have research how do you form the contract agreement with them. meaning do you have a website where they can sign an online agreement or do simply mail them the contract and wait for them to sign it and send it back. and if you do do you include the property's address in the contract that you want to assign to them (if you have one already) thus giving no reason to sign with you now that you reveal the property.
reason why i ask is because i have come across many different forms of agreements and just want to get an idea of which is the best form to take.
thanks guys