Real Estate Wholesaling for Beginners in Ontario

[Allan George]

So guys I'm kinda new to bigger pockets But most of the investors I've networked with say I should be using it as a newbie.  Im a Student who has taken a year trying to get into real estate in the GTA region. After going to multiple meet ups and watching a ton videos (mckeever, wybo, real estate rat pack if you know, humble wholesaler, rockstar and others in the us) I decided that I would start trying to venture into wholesaling because of low capital entry and the ability to make money while becoming an investor and networking. I've however reached barriers such as Ontario privacy laws so there' no leads to buy and the GTA market is not cash flow positive friendly and so its a harder market to get started in. Im sure Im not the only beginner with this problem so Im starting a discussion wanting seasoned investors and beginners to give their input on where beginners should 

first steps beginners should take after fixing their mindset?
start looking to find off market deals in Ontario 
how to build a cash buyers list 

how to network effectively 
different marketing strategies to find deals

[Aaron Moore]

A lot of people "try" the wholesaling business and don't succeed at it. Maybe they realize it's not for them. It's a business and you need to do a lot of marketing and talking to sellers. It's a lot of work.

-get comfortable talking with house sellers.

-figure out how to solve problems and help sellers out of tough situations.

-understand that you can't buy every house, you're only looking to buy profitable houses. And you need to be able to politely explain this to sellers.

To find sellers: You need to do marketing to get sellers to call you. (sending letters is the simplest) I'd recommend starting in neighbourhoods where there is "rental income" potential and also has an older housing stock that's good for fix and flips.

To build a cash buyers list:

-when you have a deal post it on kijiji, craigslist or any other site where you can advertise private deals.

-co-wholesale with an investor who already has a buyers list (like me)

-go to local real estate investor education/networking groups and find out who buys properties regularly.

The marketing strategies are similar to the US and elsewhere: website/SEO/PPC, outdoor signs, letters/flyers, etc

There are many podcasts and youtube videos that teach wholesaling these days. That will give you a good foundation.