How to Make $5000.00 Now, Again and Again! | By Bill Guerra
In this article you are about to learn the efforts and rationale it takes to bird-dog and wholesale real estate. I found this is the best way to start or to continue your investing career. By bird dogging and wholesaling you can make money with very little cash and minimal risk. It is how I started as an investor; it will work for you as well.

These suggestions are not difficult; you don’t need to spend $4999.99 for a mentor, attend the latest in-town seminars, nor do you need to buy 10 different courses. There will come a time at a later date for more in-depth learning, when purchasing the right courses will profit you.This is how to obtain the information and knowledge to make bank by bird-dogging and wholesaling. Its precisely what I did 155 houses and 4 years ago. You may think some of the suggestions are silly, or some are not appropriate, however, it works.

1. A commitment to not quit, never, no matter what! Be prepared to come to grips with the entire negative self-talk you could have (and not even know it), like “I really can’t do this, the guru’s can do it but not me.” You have to learn to believe you can do this business and begin to believe, really believe.

2. A commitment to work hard and diligently each and every day. A very successful person said, “Do something in your business everyday, even if it’s small.” These are words you want to live by.

3. A commitment to post on investor boards your successes, failures, hopes, dreams, and every question you think is too silly or too embarrassing to ask. The latter questions are the most important ones. I don’t know why, they just are. So just do it would you.

4. I bought Steve Cook’s book, “Wholesaling for Quick Cash.” I read and reread it about 12 times, it’s invaluable. Do not shop around and compare, I did that for you. It’s the best, and the cheapest.

5. Perform “searches” for your entire how to” questions on various investor boards like reiplace.com. Most of your questions are not original and have already been posted along with a string of replies. Do searches on wholesale personalities who have been successful wholesalers like Steve Cook, William Tingle, and many others. Find and read “success stories” on the reiplace.com site and similar sites. This kept my spirits up during the initial tough and rocky climb of my first year.

6. I strongly recommend buying William Tingles “Extreme Marketing” course at reiplace.com. This course will help you learn how to market for, and find motivated sellers and have them calling you! This will be key to your success.

7. Stay focused on bird-dogging and then wholesaling only. Read all you can on these two specialties of investing. The reason is it brings cash in NOW, and this is what a majority of new investors must have to move forward. There will come a time for other specialties of investing; in the beginning is definitely not the time. So prevent yourself from getting derailed on other specialties the first 8-10 months, regardless of what other new investors tell you. I cannot express this to you enough. Most new investors try every type of investing and eventually get burned out because they cannot focus and make money in one specialty.

8. Stay focused on bird-dogging and wholesaling, did I mention that? :)

9. It’s about learning and educating yourself as well as being patient with the process. When you’re new; bird-dogging is always the best place to start. Forget about making money for yourself initially. “Say again???” Yes, find your first deal for a seasoned investor. Now, once you are able to find deals with the help of a very patient, seasoned investor it will cut your learning curve, work, and time down dramatically. So do yourself a favor and help them first. Then you can easily wholesale to investors. They buy wholesale deals even better. You are bringing them a signed contract they can simply close on, they love it and so will you. You will need less and less of there time, yet you will become more and more valuable.

10. Definitely bird-dog first, with a mind on wholesaling second. That’s what worked for me, and this is my opinion. By the time I bird-dogged two deals I already had enough “no’s” from seasoned investors and practice to then wholesale my next 40 plus contracts.

11. After several, new investors kept asking me how I bought so many houses 45-75 cents on the dollar without ever using the Multiple Listing Service (MLS), which is most commonly used by investors. I wrote an e-book on “How to Talk with Sellers” to address just that its on my website under products at willbuyanyhouse.com.

12. The above recommendations and courses, simply put, worked for me. A lot of knowledge in investing is absolutely mandatory. Let me ask a question: do you know how to shrink risk and fear, which so many new investors are riddled with to the point it freezes them from doing there first deal? The answer, knowledge and education, and eventually experience. In the evening I read all I could find on bird-dogging and wholesaling.

During the day, I was driving in subdivisions that Steve Cook discusses in his wholesale book. It’s so odd that it took me so long to find the goldmine areas Steve wrote about. But just don’t quit, ever! I remember a conversation Steve and I had it went something like this: “Steve I cannot find the subdivisions or houses you talk of in your wholesaling course! Las Vegas is too new of a city for wholesaling anyway! Maryland has several houses hundreds of years old, of course you can find them there!”Steve said in his s-l-o-w drawl “they’re out there Bill, you just have not found them yet.” Hum, lot of help he was.


He was right, and I finally found the subdivisions he calls “goldmines.” Then I would ask William, “William, I have been marketing like your book says and still nothing!” He would reply, “okay, great…now just don’t stop marketing, it will come.” ZZZZzzz, but I would do what he said. I was exasperated, “is that all he is going to say, just don’t stop?” But he knew what I didn’t. Then, finally motivated sellers began to call, asking me to take their house, one after the other. Finally, all the research, reading, posting, sweating, stressing, scrimping, marketing, running, wild goose chasing, defocusing, refocusing, hoping, and praying had paid off. And paid off it did! One of my first wholesale deals netted me $30,750.00. The title company wired it into my bank account at closing. Then I posted on the reiplace.com “oh…well…I guess it does really work huh!?!” I was able to pay for my daughter’s 10k medical bill, no payment plans for five years, no collection agencies, ect. That is what investing can do for you too, that is exactly why I am so passionate about it. Things like that reminded me “it certainly was worth all the effort.” Take these suggestions literally, apply a ton of elbow grease, and never, ever quit. Then we will see your posts saying the same thing “oh, I guess it really does work!” As you are getting 5, 10, 30, and 40K assignments again and again.

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