A real estate investor explains why he focuses on U.S. wholesaling over Canada. The U.S. dollar converts to stronger Canadian dollars, boosting returns. Canadian regulations add complexity that makes U.S. deals more profitable.
Chapters
So what I specifically do is I do real estate deals. I fix and flip, wholesale, do novations. I do it all myself, my own business, but I also help out my clients. And I don't like to call them students, but, you know, clients, students. That's, that's the main focus is like do my deals and then help them do deals. That's what I do. In the US? I actually have a couple of Canadian clients, but they do it all in the US. So, You know, I've thought about doing deals in Canada, but you make more money in the United States because when you transfer the American dollar to Canada, it's worth more. So I'm like, I'd rather just keep doing what I'm good at instead of messing with Canada. But yeah, all throughout the United States.
I don't know. I don't even know if you could do it currently in Canada. Can you? Like, what types of things do you get away with there?
That's a good question. So I've talked to a lot of guys since I moved to Canada that do it in Toronto because Toronto is huge, right? It's like the biggest city in Canada. A lot of wholesalers in Canada that do it, and the regulations, like, all that stuff, it's not