Real estate tracking is the process of finding great deals on properties and then getting paid for them. You provide investors with property leads and they pay you for those leads. An example would be an investor paying you $250 to locate a vacant home just for pushing the purchase and noting the address. The investor will pay the $250 or whatever he decides when he is done buying the house. This is because not all houses are offers. With the vacant home, if the bird dog goes the extra mile and finds the owners of the vacant home, then they pay an extra $250 at closing.
Why do you call it bird hunting?
Investors call it chasing birds because you are going out and retrieving leads for investors. Just like a bird dog he goes out and gets birds for the hunters. It’s just a name, personally, it should be called something like lead retriever, but that’s never really caught on.
The benefits of Bird-dogging.
It is not necessary to have good credit. With traditional real estate investing, good credit is often necessary to obtain a loan and buy homes. There are ways to become a rock star investor without good credit, but bird hunting is a great place to start for extra income in Billings Montana. No money is needed. I know it’s hard to believe, but all you really need to get started is to walk around a few neighborhoods and look for houses or even listen to someone who wants to sell quickly. This is also one of the best ways to get to know a market and learn about real estate investing.
When do you get paid?
In my experience, you could get a registration in as little as three weeks. However, there are several factors that will influence how quickly you can expect to receive your check. Some real estate transactions take longer to close. Because often there are links in properties that take a while to be cleared from the title. Also, some sellers will want to take their time closing, so they can find new living arrangements.
We typically close properties in 30 days, but in some cases we have the ability to close in as little as 3 days. It all depends on the situation.
Why we pay for leads.
Successful real estate investors know that it’s not possible to hit or find all the good deals here. I spend a lot of time meeting with clients, real estate agents and keeping projects on track. The Bird Dogs are important to all investors to help them find some of the best deals in Billings Montana. What you should be looking for.
Property owners who are willing to sell their home below market value because something in their home is causing them pain. We are providing a service, with the benefit of immediate sale. Most motivated homeowners are willing to sell for less because they just want to get out. They cannot afford to make necessary repairs to their home. House payments are killing them and ruining their credit. What would the owners do without us? they would lose the house and get nothing from it. Reasons sellers want to sell include divorce, death in family, downsizing, drug addiction, can’t afford payments, relocation, lack of patience, bank will foreclose on house, buy another house and you won’t be able to sell your other house, you can’t pay taxes, city violations, you don’t like the neighborhood, also landlords who are tired of bad tenants.
There are several more reasons, but these are just a few. So, in closing, do you think you would like to earn some extra money in your spare time by searching for vacant homes and motivated sellers? If you do, please contact Big Sky Property Solutions LLC. Becoming a real estate bird dog is the best starting point for anyone looking to invest in real estate. Go out and find some deals today.