"Now what?"

[Ian Davis]

Just attended my first BP webinar. Informative, but perhaps outside of my long-term investment strategy. I've finally matured, as one can with respect to financial matters, given that all humans have appetites, some for better and others, for worse! Pardon the philosophical digression, but I'm a realist. Here's a quick "peek" at my financials. I have no outstanding, high-interest, debt; I have "good" credit, so I can take advantage of either the FHA/VA home loan programs. If need be--and this is probably the case--I have a down-payment to satisfy the capital requirements of the mortgage which is usually, 20% up-front? I wouldn't mind purchasing a rental home so a few of my extended family can have a more comfortable living situation, but if I can hedge against inflation, take advantage of low-interest credit, and rely upon them to meet, or exceed, my monthly capital requirement--mortgage payment, capital expense account, etc.--then I think risk won't be eliminated entirely, but it will be up against an aggressive hedge like that of "being educated in the art of arbitrage". Info galore, the motto of the digital age, is at our literal fingertip, so why not capitalize on the endless and instantaneous exchange of information I want to be educated though before I "invest" in the wrong property given my investment criteria.

Oh yeah! The name's Ian, NOT Lan, but Ian. Remember, the Scottish name for "John". Practical Real Estate Knowledge Level: "Somewhere slightly ABOVE zilch!" 

Look forward to talking "shop" with everyone.......

" It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest"--Adam Smith