Real Estate Bird Dogging-A Great Way To Build Investing Confidence

One of the problems faced by many newbies (new investors) in the real estate business is lack of confidence. Confidence cannot be built without doing the activity that you are trying to build confidence in. This presents a problem with most people because real estate is not something that you can just practice, you cannot practice buying a house, or practice selling it. You could pretend to buy houses I guess, or pretend to sell houses, but pretending is for kids. This is where real estate bird-dogging comes into play. It gives you a reason to practice, you get paid. Now if money won't make you practice then nothing will.

Instead of not getting paid for all those hours spent learning the market, you could be making thousands. I cannot think of a better way to learn real estate than getting out and looking for good deals, then finding good deals and showing them to buyers, who pay you for your services. Then after the buyers close you can follow the progress of the home and see if you made a good decision or not. The best part is that during your practice, even if you made a not so great decision you still get paid, and you do not lose a penny.

I started out my investment career as a Realtor. I built my confidence through selling investment properties to other people and watching them make money. After selling 9 homes to other investors and seeing them profit tremendously, I knew it was time for me to start making myself some money.

Eric Medemar is a realtor and real estate investor with 30+properties. He specializes in wholesaling, assigning, and flipping real estate. In 2007 He has already made close to $100,000 flipping properties. His goal is to help at least 170 people skyrocket their investment careers in 2007.http://www.BirdDogBiz.comhttp://www.TheMillionairesBlog.com

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Team Building in Real Estate Investing!

In the real estate business you can't do everything by yourself if you want to successful. You will need a team that can assist you in the areas that you are rough around the edges with. A foundation is not built with one person. A foundation is built with a group of people working towards the same common goal. Although the team is working together, there is always a team leader. In your real estate business you must be the team leader.

But, who are the most important team members? Who is your starting five? Who will help to build the strong foundation? In this article, I will briefly tell you what type of team members you need in your real estate investing business. I will tell you why they are important to your foundation. And I will tell you how to get these assets on your team.

Realtors: Realtors are very valuable in the sense that they can help you find the properties you are looking for. They can also help you with your comparable sales in an area that you are not too familiar with. If you explain to your realtor what type of property you're looking for, the realtor can be on the look out for that type of property, and if the property is worth buying then you both can make some money.

Bird dogs: Bird dogs are kind of like street realtors. You can train your bird dogs to look for a certain type of property for you. For example, in my business I look for people in distress (financially, as well as physically). My bird dogs know what type of deal I will buy, so when those deals come around they are all over them. The best thing about bird dogs is that they will find you properties for a finder's fee. I pay my bird dogs between $500 and $1000 for every house I buy.

Hard money lenders: If you want to be an investor, then you need a hard money lender on your team. Having a hard money lender on your team is like having cash on demand to buy properties. Hard money lenders can help you buy properties in as little as 7 days. That time frame varies depending on the lender. This can be effective when you are in competition with other buyers. If you can close fast then you will get the deal.

Title Companies: Title companies will help you get the deal closed. When you use title companies the hard work of closing a transaction is done for. Use reputable title companies. Use title companies that can close as fast as you need them to. This is very important in your house buying business. If you can't get the deal closed then you don't make any money.

Appraisers: Appraisers, like realtors can tell you what a home is worth before you buy it. An appraiser can give you an exact amount of what the property will be worth. Realtors will usually give you an estimate. Appraisers are good to use in your investing business. They can help you understand what you need to do to a property to get the value you need out of it. Having an appraiser on your team can make a difference in your deals.

These are just some of the team members that can be valuable in your real estate business. You can also use lawyers, accountants, and other team members as well. You can find these team members at your local real estate investment clubs, in the newspapers, online, through other investors, and by word of mouth. If you know how to apply them in your business, then you can run a smooth and successful operation.

Want more information on how to utilize your team members to make huge profits?

Find out here for free: http://www.freezerodownsecrets.com

Want to see how my last paycheck was more than some people's yearly salary, and how you can make the same kind of money?

Find out here for free: http://www.freezerodownsecrets.com

Jamel Gibbs own one of the fastest growing real estate investment businesses in Pennsylvania. He's originally from Brooklyn New York. He became a real estate agent at the tender age of 21 years old and a broker shortly after. Jamel started buying real estate when he moved to Pa and he now has a successful investment business. He also coaches others who are interest in making massive profits in real estate.

http://www.freezerodownsecrets.com

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