Wondering what is the first step to stat your real estate investing? Well, I would suggest you to become a real estate bird dog and learn the rope of the trade before venturing into this business. Because real estate investing requires capital and in the meantime the risk is always highier!

So, what is real estate bird dog and how to become a real estate bird dog? A bird dog is basically a business involving in looking for profitable property deals for real estate investors.

The following is a brief process of how to become a real estate bird dog:

i) Find an experienced real estate investor- you need to find a real estate investor who is willing to accept your offer to locate profitable property deals on his or her behalf. In this case, your real estate investor is also your mentor in real estate investing. You get to learn real estate investing knowledge while making some money in the process. Usually, a bird dog will be paid a certain amount of fee for furnishing leads to the real estate investor

ii) Locate for profitable leads - finding profitable leads in property is what you need to do after you have found your mentor. There are various ways of generating leads. The more leads that you can generate, of course the more income you will make. One of the easiest ways to find leads is to drive around your neighborhood and look for houses that are on sale.

iii) Research and compilation of property information - as soon as you have found a profitable lead, it is time to conduct your research on the property and compile the necessary information for your investors consideration.

So, it is not difficult to become a real estate bird dog and in fact it is an attractive way to learn real estate investing in your spare time.