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All Forum Posts by: William Johnson

William Johnson has started 21 posts and replied 173 times.

Post: Data lists in Canada

William JohnsonPosted
  • Real Estate Broker
  • Laval, Québec
  • Posts 183
  • Votes 59

in Québec we have the registre foncier which lists all 60 day notices of foreclosure you have to pay 1 dollar for each one and also there are a couple of private companies that have copies of that information in user friendly format. I recommend that you find the database that publicly displays that info in your province as a start. 

Post: Stopping by to say hello from Erie, PA!

William JohnsonPosted
  • Real Estate Broker
  • Laval, Québec
  • Posts 183
  • Votes 59

Welcome @Justin C. !

I am very inspired by your attitude and your success.  I recommend http://www.biggerpockets.com/renewsblog/2014/05/25...

Hope to connect with you sometime.

William Johnson

Post: Toronto investment properties

William JohnsonPosted
  • Real Estate Broker
  • Laval, Québec
  • Posts 183
  • Votes 59

Hi Inna, 

You want to check out the Hamilton area market.  There is a lot of investment going into that city and the prices are pretty low, there is definitely money to be made there.  Toronto is just ridiculous, I will be a very happy man when I see the inevitable market correction happen.

Post: Canadian financing

William JohnsonPosted
  • Real Estate Broker
  • Laval, Québec
  • Posts 183
  • Votes 59

Just call a few mortgage brokers and ask what the LTV is with their hard money lenders.

Post: Does your Boss know that you are an investor?

William JohnsonPosted
  • Real Estate Broker
  • Laval, Québec
  • Posts 183
  • Votes 59

I have told my boss and occasionally talk to co-workers (just in case there are some networking opportunities) but generally I keep it confidential because my full-time job is community work which is oftentimes at polar opposites with respect to the mentality involved in community, non-profit work and the mentality involved in real estate investing.

Post: Canadian (Quebec) equivalent of auction.com?

William JohnsonPosted
  • Real Estate Broker
  • Laval, Québec
  • Posts 183
  • Votes 59

@Wes Derequito

I noticed that you didn`t get any responses.  From my experience I don't know of any websites like that existing in Canada.

Post: Hey I am a new here from Edmonton, Canada!

William JohnsonPosted
  • Real Estate Broker
  • Laval, Québec
  • Posts 183
  • Votes 59

Hi @Carling Stillman and welcome to bigger pockets, as a fellow Canadian I can tell you that everything you learn here can be adapted to the Canadian market as well.  It just takes creativity. 

Post: Newbie from Toronto Ontario Canada

William JohnsonPosted
  • Real Estate Broker
  • Laval, Québec
  • Posts 183
  • Votes 59

@Carlos Pimentel Welcome to BP it is a great place to learn check out the podcasts and http://www.biggerpockets.com/renewsblog/2014/05/25...

Post: Investors from Toronto, Ontario

William JohnsonPosted
  • Real Estate Broker
  • Laval, Québec
  • Posts 183
  • Votes 59

Hi Itsik & Claudetet,

Welcome to BP you are in the right place if you want to learn about real estate, I would highly recommend the podcasts and http://www.biggerpockets.com/renewsblog/2014/05/25...

I am originally from St. Catharines, Ontario and I am going to begin to do some flips there within the next year.  If you are interested in doing some joint ventures closer to home then PM me.

It is not only the States that have good deals, Canada does as well although you need to be more agressive to find them.

Great content and everything that I am going to need to blossom as a REI. I purchased the audio book and, just as an fyi the metadata on the audio files needs to be looked at, in the chapter two metadata it says chapter 1 so it shows up as chapter 1 on my playlist. Also author is unknown so makes it harder when media player auto detects artist or album.