All Forum Posts by: Brandon Upright

 So you did include inspections and contractor quotes for your buyers?

 I understand wholesaling completely just wasn't sure if it was a common added bonus to give to your buyers.

Hey BP!

I have a question regarding all of the extra fees that come when wholesaling an unwanted house (Specifically in Edmonton, Alberta).

Lets say I found a distressed house that needs some work and I have a fix & flip investor who wants to buy it from me. Who would usually pay the extra costs that come before closing? By "extra costs" I am referring to things such as home inspections, tile checks, closing costs, etc.

Thanks again BP!

 Thanks for the info Ellen! I'll definitely look into them. I'd love to meet up sometime and talk as well

Hey BP,

I am just beginning my wholesale journey here in Edmonton, Alberta and am looking for a lawyer to assist me with my closes that has experience in dealing with wholesalers. 

So far I have called/emailed about 25 lawyers and about 10 of them have replied. None of which have ever heard of a "Real Estate Wholesaler." I met with a "real estate lawyer" today for coffee and after I explained what a wholesaler does, he began to tell me that I need my agents license and that to make up the contracts I will need it is going to start at around $3000.... I will not be using him. He also told me he will have to look into the process and costs of attaining a RE license as he "is not sure about the current laws regarding real estate." (shouldn't this be the number one thing he should know??)

Does anyone have a lawyer or a law firm in the Edmonton area that they could recommend to me that has experience with wholesalers/investors or at least knows what a wholesaler is/does?

Thanks everyone!

Welcome from Edmonton! 

Seems like you made a good decision on your first investment property so your already ahead of the game! 

Keep reading through the forums as they can answer most, if not all of the questions you may have and I would highly recommend checking out basically everything under the "education" menu (especially the podcasts).

Good luck in the future!

Thanks for your inputs everyone! Ive thought about asking the neighbors but im guessing it would be unlikely that they would know of the landlords primary residence. Still worth a try though.

Another strategy that I just began to try was messaging people on airbnb and like sites. The people renting out full houses are few and far between in my city (Edmonton) but you never know when one of them will reply looking to sell their home. Has anyone else had any luck doing something like this?

Has anyone found a way to reach absentee owners in Canada? Our laws and regulations around RE makes it very tough to aquire specific info on houses and owners. 

I cant find any resources as to if anyone has found a clever way of reaching them in Canada

Hello!

What part of Alberta are you from?

Im a new wholesaler in Edmonton and have already learned a TON just from reading the forums and listening to the podcasts!

Looking forward to networking with you!

Awesome, thank you!