Hi Christopher and Daniel,
I apologize I have not been around lately to answer questions, I've been extremely busy these past few weeks.
Christopher, you are right about the agent and being informed about the property pre-list, I have not had any luck in that area. However, that's only for bank owned properties. What I have found on the 60+ properties that have been submitted to me is that a lot of them have not been foreclosed on yet. They are pre-foreclosures and are either the owner's rental properties or the owners left. With these I have offered to get them on board with a local agent who specializes in short sales, and I would be the one putting in the offers on those properties.
As far as the bird dogs go, we have about 97 bird dogs that have registered with us, but only six of them are hard at work looking for properties. What I would suggest if you do get into this program is to have some money to pay your bird dogs the $5-10 per "accepted" lead (you choose to accept or not) that Cameron suggests. I unfortunately did not implement that, I offer $500 if I close one of the houses, my partner and I are in the process of re-evaluating this system and possibly taking the route that Cameron suggests.
So, as you can see, I have bird dogs bringing me have properties that can potentially be a good deal, but it takes time. You need to research the properties, send a letter, and wait. And if you don't want to wait, find the owner's phone number, which can be a dead end.
I personally think it's a good investment thus far. My buyer's list has increased by about 10 people, that is using craigslist and some people just found us from google searches. His POFs are wonderful and that is what I'm using with my 25+ offers per week.
I hope this has helped, any more questions feel free to ask! Daniel, I have not heard about Jason Loucks' system, do you have any info on it? I'd like to hear about it....
