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All Forum Posts by: Brennon Atchison

Brennon Atchison has started 2 posts and replied 5 times.

Post: Is there way to skip trace in Canada?

Brennon AtchisonPosted
  • New to Real Estate
  • Ontario, Canada
  • Posts 5
  • Votes 2

Hi Sham Soomer. I just asked this question to a few days ago. I'm also in Canada. Let me know what you find. I'm looking for a good skip tracing service here in Canada as well. I'll let you know if I come across anything good. By the way Where in Canada are you? Maybe in the future we can partner.. Cheers!

Post: Canadian Wholesaling. How to skip trace in canada?

Brennon AtchisonPosted
  • New to Real Estate
  • Ontario, Canada
  • Posts 5
  • Votes 2

Wow that's funny! Thanks Anson I appreciate it. Canada seems more strict on skip tracing than the US. 

Post: Canadian Wholesaling. How to skip trace in canada?

Brennon AtchisonPosted
  • New to Real Estate
  • Ontario, Canada
  • Posts 5
  • Votes 2

I see all these skip tracing services for the US but I cannot find any way to skip trace in Canada. has anybody done skip tracing in Canada and know a good skip tracing service? I am a beginner in real estate and am driving for dollars to find distressed properties. I have about 50 properties but I can't skip trace to find the owners. 

Thank you guys.

Post: Analyzing a cheap deal in an expensive rent area

Brennon AtchisonPosted
  • New to Real Estate
  • Ontario, Canada
  • Posts 5
  • Votes 2

Thank you for your help.

Post: Analyzing a cheap deal in an expensive rent area

Brennon AtchisonPosted
  • New to Real Estate
  • Ontario, Canada
  • Posts 5
  • Votes 2

file:///C:/Users/Owner_2/Deskt... This deal I found is cheaper than everything else in my area. I am from Ontario Canada. Also it is a restaurant. The price has dropped twice since it has been on the market... it has been on the market for 2 months. It stared at $120,000 and has dropped to 89,000. It is right in the downtown core. I am going to ask the realtor about the business history and try to meet the owner of the building and the owner of the business to get more info. My city is an expensive renting area. Crappy houses go for like 200,000 to 300,000 and houses in blue-collar areas can range from 450,000 to almost 700,000. Rent in the lower ends is 1,100 to 1,400/month. So with my estimations of $1300/month for rent and all the other estimates you will see in the analysis I will end up with $378.60 monthly cash flow. That's 22.50% cash on cash ROI. The renters would be paying the utilities. Now I am just looking for feedback from you experienced realestate investors. Thank you guys for your time and your much appreciated help and advise.