Avoid Jail-time and Make Money: Assigning Offers to Purchase Real Estate in Canada

Podcast Episode 115:

“Flipping / Assigning Properties? Don’t Go To Jail!”

Not too long ago, I wrote a blog post about the legalities of flipping properties using a Creative Investing Strategy called “assignment.” Now I’m making that topic available as a podcast because I want Canadian investors to have every opportunity to make money without getting on the wrong side of the law. In a hot real estate market, flipping properties by assigning your interest in the purchase can be lucrative. Just make sure to do it legally because the CRA is cracking down on so-called “shadow flipping” and undeclared income!

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Don’t Buy a Renovated Home Until You Watch This Video!

DIY vs. Pro Home Renovations in Alberta.

Both professionals and amateurs can do renovations, but what does that mean for a potential home-buyer? Permits and inspections are one side of it. Then there’s the issue of quality. In this video, lawyer Barry and realtor Keith discuss the potential pitfalls in purchasing a renovated property in Edmonton, Alberta.

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What to Look for When Buying a Renovated Property

Legalities of Edmonton Renovations, Permits, and Home Inspections.

Barry and realtor Keith Faria discuss what people need to look for when purchasing a property that has been renovated. In this video, you’ll hear why the renovation needs to be inspected twice, as well as how to make sure everything is safe and legal.

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Explaining a Creative Real Estate Investment Strategy to a Seller

What Do I Say to a Seller About Buying their Property by Way of Agreement for Sale?

Creative real estate strategies aren’t well known, so investors need to approach potential sellers with clear, easy to understand information. In this video, Keith Faria asks Barry about how to explain Agreements for Sale to someone who wants to sell their property, but has never heard of seller financing.

You can view the first video in this series where Barry defines Agreements for Sale by clicking here. Or view the previous video about the difference between an Agreement for Sale and an Assumable Mortgage by clicking here.

Agreements for Sale are just one of the creative strategies that Barry teaches in his real estate investment workshops. Find out more about the Rapid Cash Program by clicking here.

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Creative Ways of Buying Canadian Real Estate

Is an Assumable Mortgage the same as an Agreement for Sale?

In this video, Keith Faria asks Barry about the differences between buying a property by way of Agreement for Sale versus assuming the seller’s mortgage. Both have their uses, but Agreements for Sale let Canadian investors acquire real estate without taking on further debt. You can view the previous video in this series where Barry defines Agreements for Sale by clicking here.

Check out Barry’s workshops if you’d like to learn how to use Agreements for Sale to make money fast with real estate!

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Make Money Fast with Canadian Real Estate Investment

The Rapid Cash Program: Creative Investing Strategies for the Canadian Real Estate Market.

Want to know how to make quick money in Canada? Forget about cryptocurrencies (like Bitcoin, Ripple, and Ethereum) or other get-rich quick schemes. Real estate investment is a tried and true way to increase your wealth. You don’t even need much money to get started— anyone can do it if they have the right knowledge, expertise, and resources! The Rapid Cash Program is a 6-month package that includes everything you need to start doing real estate deals. If you’re already convinced, click here to register now for the next Quick Start Focus Workshop that kicks off the Rapid Cash Program on April 7th and 8th, 2018 in Red Deer, Alberta. Or read on for more information.

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Investing with Those Closest to Us Is Fraught with Peril

Image of stick people holding hands

Podcast Episode 114:

“Real Estate Between Friends and Family.”

It might seem easier to invest in real estate with people you know and love because you already trust them. Actually, you still need to do the same amount of due diligence, if not more! When you get into real estate deals with friends and family, there’s more at risk than just money.  This podcast is about protecting your relationships if you choose to invest in property with the people closest to you.

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Flipping Properties is Risky. Here’s Why!

Podcast Episode 113:

“So, You Want To Be A ‘Flipper.’”

There is a whole section of the real estate investment world known as ‘flipping.’ Basically, flipping is when an investor gets control of a property by signing a purchase contract, but rapidly sells it to someone else for a profit. Don R. Campbell of Real Estate Investment Network (REIN) fame has long cautioned against the most common form of flipping, which is to invest in condominium pre-sales. This is a Tale about a client of mine who got caught trying to flip a bunch of properties

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Download the handout HERE.
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