I understand the ideas, the concepts, and the tools to apply these techniques. ( in the States that is ) So this is my dilema, how can I apply the tools to my own town. I am in Ontario, and am having a heck of a time with the rules.
Please could someone help, as I really would like to be in the real estate game, and not have to use my own money.
Ali
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all one can do is try and see what works for them like dean says you have to see what will work in your area and situation, talk with agents and try to find other investors that you can talk with to see how they are doing things that work where you are.
shawn
Thanks Shawn.
That is exactly what I am doing.
There is always a way, I just have to find the path.
First off do you have a power team in your area?
Have you networked with other investors to find out what the market is like and what works in Canada?
You need to start building a team and you need to start looking for deals. If you get a good real estate agent on your team. she/he should be able to tell you what the trends are like in your area and what works in your area.
I'm sure if you have foreclosures where you live or motivated sellers you can find a good deal. As far as rules buying and selling is done worldwide the rules never change when it comes to this. You can invest anywhere you go.
-build a power team
-join a real estate investing club
-network with other experienced investors who are familiar with the concepts that are taught here.
Good luck!