the bird dog brings the leads to the wholesaler and gets paid for them depending on the lead could be $500-$1000 if the wholesaler makes a deal 

I have read multiple books and also attend REIA meetings regularly, but I wanted to reach out to the local and larger community on here to see:*Where are you all finding the most success locating motivated seller leads and also buyers for those properties who can then become a consistent purchaser?

The best part is that you know none of them have a financial interest in leading you astray, and many of them have quite a bit of experience.

Here is my question: he is my BFF and we have joint accounts for everything.

But we all know that some homeowners respond to  that personal, yellow letter approach.Companies like ours don't just provide a national brand, but we also provide the marketing and lead management systems that help our licensees or franchisees to succeed.For you guys who are newer, I think there WILL be great value to being part of a national brand like ours or HomeVestors - when you are READY for that.  

@Brian SinclairI don't know if it fits this low-priced deal is a good fit butI like joint ventures with sellers where 70% of ARV is just too low, so the seller always rejects itSo on alternative is to do a joint venture with the seller, give a note with no payments for four months, now you're on title, you fix it, then resell it, and pay off their note when it resellsExample, $200,000 house, 20,000 in repairs, 70% of ARV minus repairs is 120,000 net to sellerFor the joint venture, figure 10% for resale costs or $20,000, add in $20,000 repair bill, add in $2000 in private lender interest, and a joint venture fee of $10,000 for the real estate investorThis is a better result for the seller, netting the seller $148,000

Hmmm...was built in 1902....Lead paint...maybe asbestos $$$$$$

Perhaps we're just the blind leading the blind, but it feels emotionally safer having someone along the ride.

I think they do hourly plus bonus for any closed leads.

I have a natural draw towards the "flipping" sector, as my background tends to lead me in that direction, but at this point only consider this as a secondary form of investment, wanting to invest the majority of my time and money into buy and hold properties.My short-term goal would be to flip a few homes to help develop substantial capital to purchase my first multifamily property (triplex/quadplex), in which I would like to live/rent/self manage.