How Do We Buy Properties 50% Off In The USA VS Canada?
The American Upside
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How Do We Buy Properties 50% Off In The USA VS Canada?
25 просмотров · 1 день назад
The American Upside
83 подписчика
25 просмотров · 1 день назад
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Why can you find real 50-cents-on-the-dollar deals in the U.S. when Canada tops out around 80 cents? 🇺🇸
This week, it's just us. Mat Piche and Andrew Hines break down how we find deals at real discounts in the U.S., and why it was so hard in Canada. When Mat was flipping in Ontario, he was blanketing whole neighbourhoods with flyers to find one motivated seller.
In the U.S., the information is PUBLIC. We can pull a targeted list, skip trace it and call the exact people most likely to sell.
In this episode, we break down:
🇨🇦 Why Mat's best Canadian deals came in at 78 to 82 cents on the dollar, not 50
💰 Spending about $30K a month on flyers and Facebook in Canada for one or two deals
🏛️ How public property records in many U.S. states show who owns a property, when they bought and often what they paid
📞 Skip tracing: matching owners to phone numbers, then scrubbing for do-not-call and litigators
🧮 Building a list by criteria: three bed, two bath, 60 days behind, at least $100K in equity
🏘️ Why Canadian homeowners rarely sell at a deep discount, and why their house is often their whole nest egg
🚀 Nine offers signed in one day, a record for our team, when three to four is a normal day
🤝 Why we prefer unemotional sellers like land owners and tired landlords over pre-foreclosures
🏠 The Atlanta-area tired landlord deal: a tenanted, cookie-cutter brick house we renovated and sold for $237K
The difference isn't that it's easy in the U.S. It's access to information, a bigger market and sellers who are ready to move on.
Our mission with The American Upside is simple: To show everyday people what's possible when they start thinking bigger about money, business and investing.
Whether you're Canadian or American, an experienced investor or someone who's never purchased a property, this show is for you.
Explore our coaching and real estate investing programs: https://www.fruitfulinvestingacademy....
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Website: https://www.theamericanupside.com
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Disclaimer: The results shared in this episode are our own and are not typical. They are not a promise or guarantee that you will earn similar results. Real estate investing involves risk, including the loss of money. Nothing in this episode is legal, tax, financial or immigration advice.