All Forum Posts by: Sam Chicquen

Hey everyone, I'm doing my first wholesale deal, but I'm not sure what I need to do next. I have a buyer lined up, and I found a property for him. What should I do next? Should I get the seller and buyer to sign reassignment clauses or promissory notes before I introduce the deal? I need some help.

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Phoenix, Arizona

Hey everyone,

How are you guys finding your deals? I've tried mailing cards, signs, i've looked for deals on the MLS etc.

Any advice will be greatly appreciated!

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Ottawa, Ontario

Hello everyone!

Are there any investors on BiggerPockets who specialize in real estate investment in Ottawa, ON, and the surrounding areas? I would love to connect before the holidays. Please don't hesitate to reach out! Thank you!

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Ottawa, Ontario

Hello fellow Canadians,

does anyone know of websites similar to MLS for extracting lists and leads? Something along the lines of Propstream.com or startwithprivy.com? These platforms are excellent for those residing in the United States. Any recommendations for good sites in Canada? Thanks in advance!

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Calgary, Alberta

Hello everyone,

I'm in the process of planning a trip to Atlanta with the goal of meeting fellow investors and professionals in the industry. Currently, I'm in search of an 8-12 plex and would greatly appreciate any recommendations from this community. Specifically, I'm on the lookout for a commercial building with a robust cash flow.

I'm interested in understanding the most promising markets and areas for investment. Where should I direct my attention? Your insights and guidance would be immensely valuable.

Thank you in advance for any assistance you can provide.

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Atlanta, Georgia

Hey, everyone! Any real estate investors from Edmonton or Calgary here? I'm based in Ottawa and eager to connect with like-minded individuals for potential partnerships and deals. Feel free to send me a private message if you're interested!

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Edmonton, Alberta

1 Vote

Calgary, Alberta

Quote from @Michael K Gallagher:

@Sam Chicquen I'm not sure What the hang up with CPA's and Law firms is? If you are looking to purchase these creative types of deals, what is stoping you from beginning the search? From my understanding, in these creative deal strategies the most important variable is the deal itself. If you are looking for dealflow I'd think the comment regarding wholesalers a good place to start. But google earth, and the county auditors website can due wonders if you want to hunt from canada.

Thanks for the response, Michael. I feel like the lack of knowledge is stopping me. I also feel like I need to build a team beforehand instead of finding a deal and then scrambling to find people to be part of my team. I'm just not really sure what to do. Do you think I should just jump in and figure it out on the way?

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Atlanta, Georgia

Quote from @Gabriel Graumann:

@Sam Chicquen Have you shown anyone you're serious by investing the time/money to actually visit Atlanta, meet with brokers, wholesalers, attorney's, contractors, and sellers? If you have, and you still aren't getting traction, it's likely due to your presentation / value-prop. I know from experience that many industry professionals often overlook someone who looks super young or is considered a newbie if all they are contributing is a "plan" without some level of substance and resources. For instances, I get calls frequently from new investors stating they want to get into "investing" in a commercial deal and they are looking for a broker to work with. But when I start asking about their plan and resources, they turn out to only have a plan and very limited or no available resources. If you are relying on 100% others people's money, you don't live in the area you are trying to work in, and you need other people to do a vast majority of the work (ie. find the deal, fund the deal, close the deal), that will often hold back high producing vendors from working with you. They want to see that you have actual skin in the game. Can you call around and find the deals? Can you fund the initial deal or two yourself, then refi out later? Can you meet with vendors in person as/when needed.

Another question, have you posted this question in the residential forum yet? Likely a better spot for it with a wider audience of brokers and members in the residential space. Just a thought.

Hey Gabriel,

Thanks for the advice. It makes sense, and I'm torn between continuing to learn or just taking the plunge. I have a lot to offer but lack a solid plan. Planning a visit to Atlanta this winter, but not sure where to invest or how to analyze markets. I feel the urge to learn everything before starting but also want to start. Your response on BiggerPockets is the best I've gotten. Any recommendations for someone in my position? If you were starting over, what steps would you take for commercial real estate? I'm skipping residential as it doesn't interest me. Eager to jump into commercial.

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Atlanta, Georgia

Hey Olivia, it's been good! I'm at a stage where I really just want to get involved and start buying properties. Have you heard of Pace Morby? If not, you should look him up on YT. He also just released a book called Wealth without cash.

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Ottawa, Ontario

All Forum Posts by: Sam Chicquen

Sam Chicquen has started 51 posts and replied 96 times.

Post: I NEED Help From Wholesalers!

Post: I NEED Help From Wholesalers In Ottawa, ON!

Post: Why You Should Buy Real Estate In Ottawa, ON..

Post: FREE MLS In Canada?

Post: Where Are You Guys Investing In Atlanta GA?

Post: Building Contacts In Alberta!

Post: Building Contacts In Calgary Alberta!

Post: I NEED Help With The Atlanta Market!

Post: I NEED Help With The Atlanta Market!

Post: Creative Financing & Seller Financing?