Real Estate Terms: Bird Dogging
No. We're not talking about hunting. We're talking real estate!
So what is a Bird Dog? In short, it refers to someone who searches their local area for properties that could be in disrepair but have tons of potential to turn a great profit. This is not a practice for the lazy. It takes experience and a good eye for the potential in a property. For example, a property could look terrible but be structurally sound with elbow grease and some drywall and paint it's big problem while another property could look similar but have a bad roof and have foundation problems.
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