Real Estate Investment Coaching in Canada

“see yourself succeed”

Real Estate Investment Coaching in Canada can assist to achieve your investment goals much faster. “The fastest way to become the best is to learn from the best” Navtaj Chandhoke, Founder of Professional Real Estate Investors Group (PREIG) Canada.

Real Estate Investment Coaching in Canada from WorldWealthBuilders.com will help you throughout your training.

Canadian Real Estate Investment coaches will help you kick start your Investments and will make sure you succeed. Canadian Real Estate Investment coaches will expand your skills to guarantee success.

Real Estate Investment Coaching

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Establishing a Proper Price for a Multi-Unit Building

Establishing a Proper Price for a Multi-Unit Building

As a full time Canadian real estate investor, we must be very conscious of how we are spending our time each day.  Considering time is our most precious commodity, we need to be spending it by doing as many deals as possible to be able to attract massive and passive income for ourselves.

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Canadian Wholesale Real Estate Apprenticeship

Learn from the Canadian real estate experts with over 30 years of experience. During this exciting and action-packed Canadian Wholesale Real Estate Apprenticeship, Canadian real estate investors will learn how to buy properties at huge discount.These properties can then be held as positive cash flow rentals, or in some cases, flipped for an immediate cash profit!

Canadian Wholesale Real Estate Apprenticeship

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Detecting Mortgage Fraud – Part 3

Detecting Mortgage Fraud – Part 3

If you missed the previous article – Detecting Mortgage Fraud – Part 2

As a Canadian real estate investor, we will be involved in many deals throughout our careers. It will be just a matter of time before you become aware of  some kind of fraudulent deal. These articles are to make you aware of them so you can run from anything that smells like a fraud or a scam.

Foreclosure rescue scam

A foreclosure rescue scam often begins with a person, “the rescuer”,  who promises to pay off the troubled homeowner’s delinquent mortgage. They allow the homeowner to then stay in the property and rent it with the option to purchase the property back at a time when their financial situation changes.

As part of the “rescue,” the homeowner will be required to give up title to the property to a new buyer who is perhaps an investor coming in to buy this rent to own property, but is  in cahoots with the initial rescuer.

The proceeds of the sale pays off the delinquent mortgage but the new investor also takes out all the equity in the house and is never to be seen again.  The original homeowner is now only a renter in the property they no longer own and are unaware that the investor is not making any payments. When the investor defaults on the mortgage, the original homeowner is ultimately evicted from the property. In the end they have lost both the house and all the equity in it.

Cash back at closing

Another type of  fraud to be aware of is done cash back at closing. A scam artist/seller can ask  much more than the property is worth in order to utilize a cash-back at closing which can be given back to the purchaser.  Most often the  “rebate” (perhaps for repairs) will not be disclosed to the lender. As a result, the borrower gets over-financed for the property, the buyer pockets the difference between the actual purchase price and the amount that the loan is for. This can be split with the scam artist/seller, the realtor, the appraiser, etc. who are all in on the scheme.

Identity fraud

This can happen on both the selling and purchasing end. A “seller” may be a renter who has assumed the owner’s identity and fraudulently sells the property  under the existing owner’s name.  The buyer purchases the property through what seems like a normal purchase. At that point, the real owner  is apt to sustain a substantial loss trying to prove that identity theft has occurred.

In purchasing a fraudulent buyer may have stolen or acquired counterfeit identification and financial documents such as job letters, tax forms, RRSP slips and pay stubs. (There are criminal groups that use  stolen and counterfeit information to compile fraudulent identities and financial profiles and to obtain mortgages illegally.)

World Wealth Builders offers many unique, practical, “out of the box” real estate investor trainings which offers the student hands on, in the trenches style instruction to facilitate both a different mindset as well as a successful and lucrative real estate investment business. To find out more, please go to www.worldwealthbuilders.com

For the next article in the series – Detecting Mortgage Fraud – Part 3

www.WorldWealthBuilders.com/live

P.S. Take Action now to attend the eye-opening seminar and walk away with confidence, knowledge, and specific “action ideas” that can help you achieve your dreams and leave the rat race behind.

We have been training Canadian Real Estate Investors since 1993

Your success is our business!
Navtaj Chandhoke
1-416-409-7300

 

Referral-Based Investments

Referral-Based Investments

As a full-time Canadian real estate investor, we must be very cognizant of networking with the right people to help grow our business. We want to be creating massive and passive income for ourselves on a regular basis, and this will not come from relying on a realtor or two to build your portfolio. We must be creating multiple streams of income from many different sources in order to maintain a full-time position as a real estate investor.

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Increasing Real Estate Marketing Efficiency

Increasing Real Estate Marketing Efficiency

As a full time Canadian real estate investor, we must go outside of the “conventional” methods of getting business. The average real estate investor relies almost 100% on a realtor to bring them their deals. To be full time, we must strive to work smarter to create massive and passive income for ourselves. The best method to create an influx of business, just like most businesses is through marketing.

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Closing the Deal – Part 1-Legal Fees and Title Insurance

As a full time real estate investor in Canada, we will ultimately be involved in many types of deals.  There will be those that we will negotiate, tie up contractually,  and have a number of potential exit strategies we can select from to enable us to make a massive income by not ever closing on the property. This process will utilize O of our own capital and consequently, we will have O liability.  There will be, of course, those properties  that we will close on and purchase ourselves.

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Building an Entourage of Experts – Part 8- Choosing a Property Inspector

Building an Entourage of Experts – Part 8- Choosing a Property Inspector

If you missed the previous article – Creating your Entourage of Experts – Part 7 – Choosing a General Contractor

As a full-time Canadian real estate investor, we will be involved in many deals with no intention to close. We are able to make a lot of money on these deals.  There will ultimately be deals that we will purchase ourselves for the sake of flipping, and other deals that we utilize as long-term holds.

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Building our Entourage of Experts – Part 7- Choosing a General Contractor

Building our Entourage of Experts – Part 7- Choosing a General Contractor

 

If you missed the previous article – Creating your Entourage of Experts – Part 6 – Choosing an Insurance Agent

As a full-time Canadian real estate investor, we may find ourselves involved in deals for the purpose of  both portfolio building, as well as short-term holds for quick money.  We should  involve ourselves in as many “non-conventional” deals as possible, using zero of our own money, and having zero liability in any property.

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Mindset Equals Success

Mindset Equals Success

Continuing in the series ” Becoming a Successful Real Estate Investor

To become a successful full time real estate investor and to become a multi-millionaire requires a different mindset. You must agree that millionaires think differently than the average person. The first attribute millionaires have over the average person is they have clear defined goals. I mentioned the results from a recent study in a previous article: 95% of people do not have written goals, and only 5% of people do.

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