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Updated over 6 years ago on . Most recent reply

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148
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34
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Justin H.
  • Investor
  • Toronto, Ontario
34
Votes |
148
Posts

Let's Talk about Ontario!

Justin H.
  • Investor
  • Toronto, Ontario
Posted

Let's talk about investing in Ontario

Who on this site is involved in Ontario and whereabouts? GTA, Northern Ontario, Southwestern Ontario, Hamilton, Barrie, Niagara?

Who is local to Ontario and whereabouts?

Who invests in the beautiful province of Ontario from a distance?

Most Popular Reply

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972
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958
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Doug Pretorius
  • Investor
  • Kitchener-Waterloo, Ontario
958
Votes |
972
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Doug Pretorius
  • Investor
  • Kitchener-Waterloo, Ontario
Replied

@Jeff Beler@Tahric FinnGuys, stop looking for properties. You have to focus on finding motivated sellers who need to sell and then offer a solution to their problem. That's how you create good deals.

To do this you need to generate your own leads. The trick is to position yourself as either the 1st person they call, or the last person they call.

1st position: In this case you want people calling you who have a pressing time constraint that prevents them from getting their property market ready, listing it, negotiating and waiting to close. They need to sell NOW and they're willing to take a below-market price to get their cash fast.

Last position: In this case you want people calling who have tried everything to sell their property and have nearly lost hope that it's ever going to happen. They probably owe as much as the house is worth and can't lower their price to get it sold because they'll have to pay their agent out of their pocket, and they can't afford that. They're willing to let you just take over their payments.

Now go figure out how to get in contact with those people and you will find that there is an abundance of deals everywhere.

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