All Forum Posts by: Kimberley Thompson

Maybe things are different in the states, and maybe even in a different part of Canada than where I live.  I have never, ever heard of a landlord asking for an application fee. Even the rules for asking for first and last month's rent are different.  In Quebec where I'm originally from, it is illegal to ask for the last month's rent in advance.

I'm just stunned you charge people to apply. Is that common practice? I've never heard of that before. I can't imagine applying for different apt's at 25$ a pop. That can really add up. Do the people who get turned down get their money back?

It does thank you George.  When you say "bought properly" and "do your due diligence", what does that mean?  What are the steps to be taken?

Kimberley

Originally posted by @Richard D.:

you want to talk with the people who deal with the properties at the sale. Those like myself that actually invest in tax deed properties.  Not the ones who do not understand the difference between tax liens and tax deeds.

I'm one of the ones who does not understand.  Can you explain the difference please?

Thanks Jeremy

I'm wondering if anyone here has ever heard of or has done any deals whereby you are a kind of go between for the buyer and the wholesaler.  I.e., A wholesaler has a house under contract and you have a buyer that you can connect him with.   Has anyone ever done that sort of thing, and if so, how did you go about it?

Thanks everyone.  I will keep searching.  I have been on one webinar and subscribed to the podcasts.  I have listened to a few already.

Thanks Roy,

I tried searching in the Meet section, but results come up from all over the U.S. even though I set the parameters near me.

Originally posted by @Dave Vogt:

Cornwall is another area that I have researched a little. If I was closer I would invest myself.

I guess what I am saying is, do your homework...it very well may be a fit for you. It's just not for me.

I wish you the best of success,

Dave

Hi Dave,

 My daughter and I are starting out together in real estate investing.  She lives in Montréal and I live in Cornwall, ON.  When you say you researched Cornwall, what do you mean by that?  What did you research and how?

Thank you in advance.  

Kimberley

Hi,

My name is Kimberley from Ontario, Canada.  I just joined Bigger Pockets yesterday and attended my first webinar tonight.

Is there any help here on BP for Canadians?  Our privacy laws prevent the use of the fancy software you Americans can take advantage of.