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Updated over 5 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
3
Votes |
17
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How to get started as a bird dog?

Account Closed
  • Rental Property Investor
Posted

I am very interested in being a bird-dog for investors to know what they are doing. I am looking to learn how I can get started doing this and would really appreciate any feedback or advice on apps, what I should and should not do, etc.

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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
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Greg Dickerson#2 Land & New Construction Contributor
  • Developer
  • Charlottesville, VA
Replied

One of the best driving for dollars app is Deal Machine but you need to start with finding cash buyers. You want professional legitimate cash buyers.

Different types of cash buyers are flippers, buy and hold, subject to and lease option. You need to find several of each of these types of buyers and learn what they are looking for. You will learn a lot about the business and the market talking with cash buyers.

Best way to find cash buyers is networking at local REI meetups, masterminds, Facebook groups, Realtors, title companies, closing attorneys, property management companies, auctions, Craigslist, and bandit signs.

You can search real estate transactions in your tax database. Look for entities and individuals that have bought multiple properties. You may need to search by the address of the buyer as they may change their name or the name of the entity on each purchase. You can also buy lists from companies like list source and there are some REI software companies that have a cash buyer search feature.

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