Tell them that you are new, and that you plan to bird-dog deals.

According to persons I've talked to at REIA meetings apparently I've chosen some tough areas to focus on in real estate investing (buying and selling non-performing notes, bird dogging/wholesaling and out of state foreclosure prop owners with the intention to move into a couple flips and buy and holds by the end of this year).I can't focus on all of them at once and have decided to work the bird dogging/wholesaling and note buying at the same time for the next 2 - 3 months to determine which marketing strategies work best for finding leads and establishing relationships with banks for the states I'm interested in.I've known this person for about 10 years and he is very successful at wholesaling/foreclosure/short-sale/flipping.

Thanks.Hi George,Our group buys a lot of property and we don't really stick to any percentage rules in our market.The ARV's and comparable sales are all over the place in most cheaper markets.I believe that this is the case in many other similar a markets where properties can be purchased for around $50,000.I suggest you sit down with as many investors or potential home owners possible and take down notes of what everyone wants.Have a good database system going and then just start providing them with property.While in KC our group bought around 20 properties in 6 months from 1 of our bird dogs.Just my opinion.Thanks and have a great day.

I received a BS in Finance and Real Estate and have been in real estate investing ever since - I went from flipping cars to flipping homes.I worked for one of the the big investors in San Diego buying 25-30 homes per month on the courthouse steps, at auction.com, through wholesalers, bird dogs, and off the MLS (probates, traditional, short sales, REOs).I left the company and moved out of the country to pursue a dream my girlfriend and I have had for a long time - living abroad!!

Just Curious @Chris Lynch Have you ever thought of working as a bird dog.

Even bird dogging takes some knowledge, gas for your car, and someone to pay you for your leads.If you can find another job, any job, it will buy you time for studying, learning from others here, and you can also begin working on your credit.

They may end up being good bird dogs for you.2 If you can't find good comps or get an opinion of an agent you could look at what it would rent for.

The key is to first find the good deal :-)  I have personally met several "bird dogs" who have no capital of their own, and they never risk any money.  

@Walter Pape I think honestly becausr of all of the snow birds and retiries we have in the state.

Im a virtual bird dog, who set up a site, which in turn brings calls and emails to Him and HIS site!