In this video I demonstrate the newly supported site that we have added to BirdDogBot 1.10.
Recently, there has been a huge demand for BirdDogBot to support HUDHomeStore.com.
And when there is demand like this, I listen and take action!
We also added a new “save settings” feature so that you no longer have to re-input all your analysis and research settings each time you startup BirdDogBot. Instead, your settings are saved each time you run a search. This will save you time and get you searching for new deals faster than before.
Watch this video and check it out…
Post a comment below and let me know what you think about these new features.
software not pulling any properties up that are considered a deal – it finds many properties but no deals. Have done many cities – bill
Hi Bill,
If BirdDogBot is not finding any deals, that just means that given the analysis settings you used and the sites you searched, there just aren’t any deals in that area. This isn’t actually a bad thing! Of course, we all want to find deals, but if you have searched the manual way in the past, I’m sure you can relate to the frustrating experience of having wasted hours only to come up empty-handed. If BirdDogBot tells you there are no deals, then at least you didn’t waste hours of manual labour trying to find something, only to come up with the same result. You just pushed a couple buttons and let BirdDogBot do the grunt work while you did something more productive with your time.
One thing you can try to do is adjust your analysis settings and see if something comes up then. Personally, I like to stick to my “rules” and if it comes up empty, then that’s ok. I would rather do nothing than act on something I had to massage the numbers so that I could convince myself its a deal. Any experienced investor knows that this is just a recipe for disaster (ie. losing a lot of money). On the contrary, depending on the market, my default settings may be too aggressive and you can’t make a $30k profit (for example). But this may also be because the houses are not as beaten up as they are in other markets. That could mean that there is less room for you to add value to the property (through rehab and repairs), so it’s tougher to make that $30k profit. If that’s the case, then it may make for an easier transaction as you have less rehab to worry about, and less things could go wrong there, so you may be perfectly happy making only $15k on the deal. I hope that all makes sense 🙂
Also, keep in mind that properties are added and removed every day. So if there is nothing out there today, something may come up tomorrow, or next week, or whenever. Conversely, there may be some deals out there today, but some other investor beat you to it and it’s gone tomorrow. This is the nature of our business as you know…
Let me know if you have any other questions…
Thanks,
Kosta