Friday 16 August 2013

BIRD DOG

Today's word: BIRD DOG
Theme for this fortnight: REAL ESTATE



 
A real estate investing term that refers to someone who spends their time trying to locate properties with substantial investment potential. Usually, the intent is to find properties that are distressed and selling at a discount that can be repaired or remodeled and sold for a sizable profit. Sometimes, however, the term is also used to refer to people who find underpriced properties that would make good income (rental) properties.
The term itself is a reference to hunting dogs that would point to the location of birds and then retrieve them once the hunter had shot them.
 
 

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