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Updated over 4 years ago,
Canadian from Toronto doing Virtual Wholesaling in FL
Hey all,
Just wondering if there are any other Canadians out there that are doing US real estate wholesaling virtually from Canada.
This is what I am actively working on doing. I am generating leads in various ways (direct marketing, talking with realtors and looking for pocket listings, word of mouth etc.) and then working on getting the house under contract for the right price. I have built up a fairly solid buyers list, just need to find the right deal.
I've had a few properties under contract so far, but bought them for too much, and couldnt find a buyer for them. Only loss so far was an inspection fee on one house. I make sure to use the 15 day inspection period to find a buyer, and if not, I back out based on condition of home.
I'm hoping there are others that are successful in doing this and if you could share your success story, and give myself as well as others some much needed inspiration. Its a tough business to do virtually!