If you’re a budding entrepreneur interested in pursuing real estate investment as a possible business idea, one of the best ways to get started with little money is by first working as a real estate bird-dog.

Quite simple: a real estate bird-dog goes out and finds properties for other real estate investors, points them out to those investors, and then is paid a referral fee – if and when the investor buys that property. The average referral fee for a Bird Dog is around $500. Since many investors are busy working their current deals, it makes good sense for them to compensate real estate bird-dogs and others who are able to find excellent deals.

Tags: Real Estate Entrepreneur, Real Estate Investment, Real Estate Investors

This entry was posted on October 27, 2008 at 1:26 am and is filed under Real Estate Tips & Ideas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.