All Forum Posts by: Cody Adams

@Naoka T Edwards

Hello Naoka, 

Have you had any success in your wholesaling ventures?

Currently looking into this myself!

Cheers!

@Krishna D.

Hello Krishna, 

This is what I am planning to do here in Alberta, I Just attended a Rich Dad seminar where they suggested that this is the best way to start in REI, however this is the same question that I have. It seems that there could be a market here for this as the economy seems to be on the upswing. Im curious to see if you've done anymore research on this strategy and if you may have any tips for me? Thanks!

Hello Bret,

Have you made any progress in your Ventures? I too am looking at moving towards the BRRRR strategy, but first im looking into wholesaling some properties to attain the money that will be needed for the 20% downpayment for my first rental property

Hello Everyone, 

Just recently my wife and I had attended the "Free RichDad® Education Workshop." Here in Edmonton. I am currently working on getting into the Real Estate market. Ultimately I would like to have enough rental properties to replace my full time income. My plan currently is to wholesale a few properties to attain the money needed for the down payment on my first rental property. After that I will be able to use the BRRRR strategy to continue building my portfolio.

I've spent $697 to get some of the introductory training material, and a handy little tablet to use as a hub. It was implied at the workshop that this information would be specific to the Canadian market. however most of the material I have purchased is related to the US market. 

My question is , Has anyone here ever attended this workshop and the 3 day seminar? I completely understand that this will be a 3 day sales pitch for their training products and i am okay with that. However i want to know if anyone has attended these seminars? and if you have, what did you find value in? and is there any questions that I may be able to answer for you when I go through this seminar?

Awesome thank you guys!

Great question @ Matt Geerts, I too am currently looking at getting into MF's however i am exploring funding sources right now. The BRRRR method seems to be the best way to do the "no money down" or "low money down" deals. I have explored using my Unsecured LOC to get started with my funding, however 20k @ 6.7% winds up being $1340/M interest only payments. *Dont ask about the Unsecured portion* long story.

Anyways, It would be nice to be able to find a method of funding that I can cash flow on in the first year.  I know it would depend on the deal as well.

Hello everyone, 

Does anyone have any suggestions for a good real estate Group in Edmonton?

Thanks