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All Forum Posts by: Cody Hill

Cody Hill has started 4 posts and replied 49 times.

Post: Wholesaling in Alberta

Cody HillPosted
  • Edmonton, alberta
  • Posts 49
  • Votes 10

Hey @Chris Chang

Great to find someone else in the same city! I have started looking into pre-foreclosures a bit and exploring those opportunities. I have read a decent amount about wholesaling in the US but have heard the legal stuff is da little more difficult here. Know any of the differences ? 

Post: Wholesaling in Alberta

Cody HillPosted
  • Edmonton, alberta
  • Posts 49
  • Votes 10

@Brett Snodgrass the idea of a property being $30,000 still seems like a shock to what I'm used to around here. I keep hearing of people doing the virtual wholesaling but I feel like it might be hard to grasp without doing some local deals to learn the process. I imagine building a network of people you trust is a must when investing somewhere else. 

Post: Wholesaling in Alberta

Cody HillPosted
  • Edmonton, alberta
  • Posts 49
  • Votes 10

@Gord Stevenson Hello Gord,

That's just it, finding something within the 2% realm seems nearly impossible. I have gave it some thought to investing in the US. I looked around a little bit and the numbers do seem to work much better, which is pretty attractive. I'd be interested in learning more about investing across the border, the thought scared me a bit. Little more of a hands off landlord approach then I'm used to but love to hear more about it! 

Post: Wholesaling in Alberta

Cody HillPosted
  • Edmonton, alberta
  • Posts 49
  • Votes 10
Hello all, Plan- For my next investment my plan is to buy a property where I can try the brrr strategy. Problem- The average house in my area is easily 300k so saving for a down payment could be a little slow. Possible solution- Was considering looking into wholesaling, would help accelerate getting the 20% needed. It would also help find properties that would be great for the brrr strategy. Looking to learn more about wholesaling in Alberta, laws, regulations, and anything that a guy should know before jumping in. Does this seem like a feasible solution? Thanks bigger pockets network !!

Post: Meet up in Edmonton

Cody HillPosted
  • Edmonton, alberta
  • Posts 49
  • Votes 10
Would definitely be interested in a meet up! Would love to meet more people from Edmonton!

Post: New Canadian member!

Cody HillPosted
  • Edmonton, alberta
  • Posts 49
  • Votes 10
Linda Labbe thanks for the support! I see you also work in the states, is there a lot of hurdles to do so?

Post: New Canadian member!

Cody HillPosted
  • Edmonton, alberta
  • Posts 49
  • Votes 10
Richard Huynh thanks for the response! Nice to see another person from Edmonton. Have you been able to find any meetings or groups locally to attend?

Post: New Canadian member!

Cody HillPosted
  • Edmonton, alberta
  • Posts 49
  • Votes 10

Perfect! I will definitely have to take a look through there. Thanks @Michael Sato

Post: New Canadian member!

Cody HillPosted
  • Edmonton, alberta
  • Posts 49
  • Votes 10

Hello bigger pockets family!
My name is Cody, I am a 27 old male from Edmonton, Alberta, Canada. I have caught the real estate bug and can't seem to read or learn enough! I am looking to become more informed on how things work here in Canada. Buy and hold Is the direction I would like to head in the future. The idea of growing assets and having them work for me is exciting. Thanks for the quality site BP! Any help or guidence is always welcomed, I am eager to learn. 
Cheers, Cody