So you want to be a real estate investor and contruct lots of denero . But you lack the education and the experience, and no capitol. Well here is a pathway to get into real estate investing fast, quick and its safe. Become a bird dog. I know, your asking what is a bird dog? Thats a term used in the real estate field for someone who goes out and locate potential investment properties for a real estate investor. Many experience real estate investors got their start this path . You go out and farm neighborhoods looking for distressed property, with the data that you have from the real estate investor as far as what hes looking to invest in. You find the potential house, gather the understanding that is needed such as: 1: Complete address 2: Owners title and location. Sometimes you might have to visit your local court house for data about the owner. Some counties put the taxation -roll data on-line now, pull up a search on the web about the county you live in and see if they have the understanding. 3: Check to see if there are liens on the property. 4: A check list on the condition of the property. You may take a photo of the property to show the real estate investor. 5: If you are able to locate the owner get his asking price.

A distressed property might sometimes be a big burden to the owner. It might be a financial stress or emotional stress. this is the type of motivated seller your looking for. A potential lead might sometimes bring you between 600 to 1500 dollars depending on the price of the house. After a couple of deals under your belt, its measure to move up to the big leagues and stop generating someone else rich, and become a real estate investor yourself. A wholesaler/ flipper makes way more denero then the bird dog, he also assumes the larger risk. The wholesaler/flipper finds the distressed property and puts it under contract. He now has to option that are available to him, he may close on the property and rehab it himself, or he might assign the contract over to another investor. The reason why the flipper takes the bigger risk is because he has to put up earnest denero to control the property. Thats cash out of the wholesaler/ flipper pockets. The flipper will usually takes the contract and assign it over to another real estate investor. He will generally leave the distressed property in its as is condition. Sometimes depending on the condition of the property just a small clean up can increase the flippers potential profit. A acquired skill flipper might sometimes build between $10,000 to $20,000 a month without ever touching the property. Thats if he is doing this full measure . As a initial real estate investor your best bet is to start out as a bird dog, then move your road up to the big cash. To start out as a bird dog contruct your self a list of local real estate investors, call each one and contruct a document of the types of deals that they are looking for. Over measure you will get a sense of what sells and dont sell in your area. So, there you have it a safe and brain friendly road to get into real estate investing without losing a arm and a leg. Your next step to success is to add the do to your financial dreams. JUST DO IT! Happy Investing.

Fred Egins is a real estate investor and a writer for www.reinvestorbiz.com. Get free of cost real estate investing data and investment tips at www.reinvestorbiz.com.