I have some projects in western Canada and in answering an investment question I thought maybe I should ask the group here if there is a way we can cross-border some business.
First here is a copy of my comment to an investor group looking for safe and profitable business.
Copy of COMMENT:
You will be welcome in the booming oil economy of "Texas North" otherwise known as Calgary Alberta.
As our boring country never comes up on the US radar you may not relalize that Alberta has more proven oil reserves than ALL of the middle east and is just south of the giant Alaska oil fields.
No housing downturn here, and we all belong to the same MLXchange as you do, deal with the same body of common and Real Estate law.
Oil field laborers get 100K a year and life is good. Except everyone desperatley needs more housing, shops, schools etc.
Our first project of mixed use commercial, school, two high rises, 127 single family homes and over 1000 apartments and townhomes is fully funded and ready to go next spring.
It is located in Airdrie Alberta, the fastest growing town in Canada and very near the Calgary International Airport.
We are looking for a joint venture partner, the pro-formas show a net of over 100M.
Your investers will love it. For more info please e-mail me at email@example.com
END COMMENT and POSTSCRIPT
So then I started thinking that if some of you have lots of foeclosure or underpriced properties to sell in your area perhaps we can put together a "SNOW BIRD" sales package for us cold Canadians that wish to live part time in the warmer and sunnier states. Especially with all those foreclosures you guys are talking about.
We just don't see massive foreclosures like that here.
Hmmm....Is there an opportunity here?
For instance, just a few weeks ago an American leisure project just south of the border in Washington State originally built to sell to the Seattle market at 400K a lot sold out to Canadians, their website getting 7000 hits a day and the one lone sales person interviewed on T.V. was almost crying saying, "There's only one of me."
(The rest of us Realtors watched him with extra envy and wondered if we could get a sales job with him.)
I can assure you that most of us Canadians would rather holiday and live part time in the US, where we can speak the language, drink the water and have access to health facilities than anywhere else, so with this in mind
Why can't we come up with a package, advertise it though Active Rain, our own offices and networking groups and different internet sites without spending any money.
I'm obviously blogging to a smart group; What do you think?
We all belong to the Real Estate Association so our 25% referral fees are automatically sent to the referring sales agent by the lawyers and everybody here is on the same page: "How can I make some decent money without over spending to find clients."