All Forum Posts by: Belinda D.
Belinda D. has started 10 posts and replied 159 times.
The BiggerPockets Ultimate Beginner’s Guide to Real Estate Investing is a good place to start along with the podcasts.
Post: Michael from Edmonton, Alberta, Canada
- Oakville, Ontario
- Posts 162
- Votes 48
Post: Wholesaler Does and Don'ts
- Oakville, Ontario
- Posts 162
- Votes 48
I like being my own boss, in business for myself, but not by myself (networking is important). I will cater to buyers or whom ever (to a certain point), but being their puppet on a string, defeats my aspirations of being a wholesaler.
Post: Meetup GTA (Toronto, Ontario)
- Oakville, Ontario
- Posts 162
- Votes 48
@Simon Lloyd congrats!
When you have time or after the deal closes, can you give us a break down of the deal?
Post: Meetup GTA (Toronto, Ontario)
- Oakville, Ontario
- Posts 162
- Votes 48
Post: New from Toronto, looking to connect
- Oakville, Ontario
- Posts 162
- Votes 48
Post: New from Toronto, looking to connect
- Oakville, Ontario
- Posts 162
- Votes 48
Take the time to educate yourself, connect with a good real estate investment group in your area and post your questions.
If you don't mind me asking, where in Toronto (or close proximity) are you located?
Post: Michael from Edmonton, Alberta, Canada
- Oakville, Ontario
- Posts 162
- Votes 48
Post: New to real estate and need help!
- Oakville, Ontario
- Posts 162
- Votes 48
@Carly Arbuthnot,welcome to BP!
Sorry, I don't know how to connect a quote, so I will just type it.
"There is a lot of good information on this website about wholesaling. Learn all you can, make sure you understand what you are doing before doing any deals".
A great place to start is by reading the "Ultimate Beginners Guide To Real Estate Investing" (under the Learn tab above), using the search tab, etc.
Like Toronto, there are "pre-construction" condo assignments happening in Vancouver, but it is very important that you verify if wholesaling/assigning contracts for resale properties can be done in Vancouver. Find this info by checking your province's real estate laws and you can also attend a few real estate investment meetings in your area (look for them online under meetup.com) to get this info. However, don't get sucked into any "sales pitches". When you find the one you like, connect with the investors/lawyers, etc. They can help you learn what is/not allowed in Vancouver.
Post: Wholesaling: How to start with no experience, knowledge, credit, or money
- Oakville, Ontario
- Posts 162
- Votes 48
Hey @Chris Piper
I get it and I understand your perspective. I know that you had good intentions. Does your processes/procedures/systems need tweaking? Only you can answer that question.
I have been to guru school and thankfully I dropped out before I actually started the business. No deal yet, but I have a better understanding of wholesaling, how to set the expectations of the buyer/seller, etc, from the beginning by telling them who I am and what I do. If they walk, then that's Ok.