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