If you're a real estate investor who either buys and holds properties or fixes and flips them, then here's a few Analysis Settings suggestions you can use to optimize how you use BirdDogBot so it fits your business model.
- Go to Settings > Search & Analysis Settings > Analysis (tab).
- Set the "Analysis Type" to "Advanced Analysis".
- Set the "Desired Profit" to the profit you want to earn from this deal.
- Under the "Expense Estimates", set the "Acquisition Fee" to 0 as this setting is intended to be used for wholesalers and/or birddogs who would like to charge a fee for their services.
After you run your searches, review the deals BirdDogBot has found and make any necessary adjustments to your numbers and estimates by editing the deal on the property's proforma page. You can also edit other details by using the editing capabilities shown in the "How To Add/Edit Your Own Deals" video.
Once the numbers are ready, you can now share your deal using any one of our Deal Sharing Features.