Summary of "The Easiest Way to Make $5K in Real Estate (Copy & Paste Strategy)"

Summary of Finance-Specific Content

Topic: Bird dogging in real estate as an easy entry strategy to earn $5,000+ by connecting buyers and wholesalers.

Key Concepts & Definitions

Bird dogging: A real estate strategy where a person (bird dog) finds deals already under contract by wholesalers and brings them to buyers for a finder’s fee. The bird dog does not negotiate or contract the deal but acts as a middleman, matching buyers with wholesalers’ deals.
Wholesaler: Finds and contracts properties at discounted prices, handles negotiation and paperwork, then assigns the contract to buyers for a fee.
Buyer: Investor or flipper who purchases the property from the wholesaler to renovate or resell.
Agent: May or may not be involved depending on whether the property is on-market or off-market.
Creative finance: Leveraging other people’s capital and contracts without upfront money, similar to how retailers like Walmart or Costco operate by selling goods they do not own outright.

Methodology / Step-by-Step Framework for Bird Dogging

Start with the buyer: Understand what type of deals the buyer wants.
Find wholesalers: Identify wholesalers who have properties under contract.
Get deal info: Receive property details (address, price, photos) from wholesalers.
Copy & paste: Forward the exact deal info to the buyer without altering terms.
Buyer evaluates: Buyer decides if the deal meets profit targets.
Fee negotiation: Bird dog earns a finder’s fee based on buyer’s expected profit.
Repeat: Send multiple deals until one is accepted (expect 25-30 deals before success).

Financial Metrics & Targets

Typical finder’s fee: $5,000 to $20,000 per deal.
Fee tied to profit margin:
- 10% net profit on sales price → $10,000 fee
- 15% net profit → $20,000 fee
- Lower profit margins → $5,000 fee
Example deal:
- Property bought for $600,000, flipped to $1,000,000 → ~$100,000 net profit → $10,000 bird dog fee.
Wholesaler profit example: $9,000 on a $600,000 deal.
Large multifamily deals can yield bird dog fees up to $150,000.

Macroeconomic / Market Context

Bird dogging requires no upfront capital or negotiation skills.
It removes common newbie excuses: no money, no time, fear of talking to sellers/agents, paperwork.
It’s a low-barrier, repeatable entry point into real estate investing.
Many investors prefer bird dogging as a scalable way to earn steady income without owning or managing properties.
The strategy is likened to retail wholesale models (Walmart, Costco) and gig economy services (Instacart) to illustrate leveraging existing contracts and supply chains.

Risk Management & Reputation

Trust and reputation are critical; bird dogs and buyers must be honorable to avoid being cut out.
Joint venture agreements (JV) can be used but are not always necessary if trust exists.
Bird dogging is a transparent, low-risk role since the bird dog never takes ownership or financial risk on the deal.

Practical Examples & Case Studies

Kelly Humber: Bird dog who earned $10,000 on her first deal by sending 8 addresses in 2 days.
Dier: Another bird dog who earned a fee after sending 6 deals over 8 days.
Buyer (Pace): Prefers bird dogs to send unaltered deal info for transparency and ease of evaluation.
Real estate community “Sub 2” launched in June 2020 with thousands using bird dogging monthly.
Spencer (student): In Arizona, makes $3 million annually doing 60 bird dog deals per month.

Recommendations & Cautions

Expect to send many deals before closing one (25-30 deals typical).
Do not overthink or try to “reinvent” the process; keep it simple and honest.
Understand each buyer’s preferences and communication style.
Bird dogging is not glamorous but is the “layup” or easiest way to start making money in real estate.
Be patient and consistent; results come with volume.
Avoid common excuses; success requires action, not just watching or reading content.

Disclaimers

This is training and educational content, not financial advice. Results vary; bird dogging requires effort and persistence. Trust and integrity are essential in these transactions.

Presenters / Sources

Pace Morby (main presenter and buyer)
Kelly Humber (bird dog example)
Dier (bird dog example)
Reference to Sub 2 community and training courses (sub2course.com)

Summary

The video teaches a simple, repeatable bird dogging strategy in real estate investing that requires no capital or negotiation skills and can generate $5,000+ per deal by acting as a middleman between wholesalers and buyers. The approach leverages creative finance concepts and emphasizes reputation, transparency, and volume to succeed.