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All Forum Posts by: Jay B.

Jay B. has started 6 posts and replied 7 times.

For all my seasoned, late real estate friends, if you were to start from scratch, what would be the best way to start investing? 

Go, go go!

Post: Financing Differences Between Flips & BRRRRs

Jay B.Posted
  • Posts 7
  • Votes 2

Hi, I'm new to this whole investing realm, I was wondering if anybody can give information about financing when it comes to flips vs BRRRRs and give scenarios if we are using a hard money lender and also JV partner. Thanks in advance! :)

Post: Burner Phones in Canada for Real Estate Wholesaling

Jay B.Posted
  • Posts 7
  • Votes 2

Can someone educate me on this particular topic? I am not well versed when it comes to phone technicalities. 

I was advised to get a phone that is separate from my personal... What does that mean? How do I get a phone that is untraceable or doesn't reveal my information? Thank you.

Post: Housing Markets in Canada

Jay B.Posted
  • Posts 7
  • Votes 2

What city are you in and what are your housing markets looking like?

Therein seems to be a shortage of sellers and affordability in houses are absolutely becoming more obsolete

Post: Wholesaling in Canada

Jay B.Posted
  • Posts 7
  • Votes 2

Hello, I am just about ready to start doing acquisitions here in Canada. I know it’s different in the states in terms of legal. I have a few beginner questions:

1) Where can I get untraceable phone numbers?

2) is it possible to keep phone number permanent?

3) As a flipper/RE investor, what do they look for in a wholesaler? What makes a good relationship? (Pretty self explanatory but I’d just thought get more opinions)

4) Anywhere I can get tax records? Lol

Post: Beginner Wholesaler here in Canada

Jay B.Posted
  • Posts 7
  • Votes 2
Originally posted by @Zorya Belanger: I understand. I'm from Winnipeg, MB. Where are you from?  Wow, resources does seem very limited or isn't readily available to the general public. It seems like you need to have connections from industry professionals to get what you want. That makes sense though. You've provided me general information of what I'm looking for. I already work with several investors so I might just ask them but I just thought it would be worth a shot asking around forums from other investors. I appreciate your advice! :) 

Welcome @Jay B.

Where about in Canada are you? Some information isn't as public as it is in the states; however, there still are a lot of resources. A realtor can help get you information on foreclosures, as they have more access. The data depends on where in the foreclosures process they are in. You may have less competition if you focus on finding people who are just a few months into missing payments, and help them out by buying their house, rather than waiting until they're already in foreclosure. 

I'm not sure you can get tax violation data, as CRA keeps that pretty secure. Code violations may be specific to the city/town you are in. Not 100% sure, as I'm not active in that specific strategy.

My suggestion is to network and try and find an investor in your area that is doing what you want to do and learn what you can from them! They may be willing to share if you provide free labour for their flip or wholesaling activities.

Post: Beginner Wholesaler here in Canada

Jay B.Posted
  • Posts 7
  • Votes 2

Hi everyone, I’m looking to get started in my acquisitions business here in cold Canada

I was wondering if anybody else is also in Canada? As many of us Canadians, we may be limited to resources compared to the States. Any resources that may be helpful? Where do I find foreclosure listings, tax delinquent props, code violations, etc? 

I have specific question; is there a way to skip trace owner of a vacant property? 

Thanks guys and stay warm!