All Forum Posts by: Jonathan Gonzalez

Hope you don't mind me bringing up an old topic, but I had the exact same thread idea. Anyways, I currently invest in gold/silver. I'm fairly new to investing, and I want to hit it pretty hard from now on. I have about $500-1000 a month to invest. I want to get into RE, but right now I'm in training for the next 6 months and can't focus on that. I'm looking to get back into FOREX again, but I'm going to use a practice account for a few months to make sure I know what I'm doing. I figure FX will be good to make some money often, and gold/silver will be good as a backup.

Thanks for the words of wisdom. Well to be honest I want to move back to Japan, US is home but Japan is where I'd like to stay. My fiance and most of her family live there so I figure it's a leg up for me if I want to invest there, which I would. I know Japan and a lot of areas in Asia are well packed, so I'm not sure if that's a plus or negative when it comes to investing. I'd say it's a plus because well, it's more in demand so just about any real estate would sell in very populated (also good) areas. I'm also interested in areas that I wouldn't physically live in, or be a resident of (China, Philippines, Korea).

I know there's a subforum for this, but after posting in that section I had no replies. I'm new, but I would love to do RE on an international level. I have big goals, but I would love to do RE around the world, namely in Asia and in Spain (where I have family and soon to be family in). So how many of you went from local RE to doing it on an international level? I'd love to hear about your experiences. It's hard to read about anyone that has done this, so I'd really appreciate it.

Sorry, didn't want a make a new thread so I'll post here. I have to say, I'm quite excited to hear these responses. See I've decided that I have 3 years to fully get into RE investing, or investing in general to live off of and not have to work for anyone. Why 3 years? well I'm in the military and although I get paid well and the benefits are great, I'm in a pretty dangerous job. Being that I'm newly engaged, my priorities have changed and I want the best for us. Needless to say, I'd like to make at least $60k a year from investments, at the bare minimum per year. I don't think that would be too bad no? Honestly I'd like to make as much as possible, but go in with a level head. So I plan on hitting it hard and learning as much as possible. I'd like to invest with different strategies, for cash flow and flipping. Flipping would give me good cash to invest more, and start me off good, while cash flow and holding would provide long term wealth. Damn I'm excited. :mrgreen:

Thanks Peter! I'm reading both of them, very good info there. Nice site too, I'm reading through it, I like what you have. I'm planning on joining a REI club before I jump into a mentorship program. I'll probably save myself some money and stress if I do that first.

I'll be in the military for at least 3 and a half more years, and more than likely stay in this area the whole time. As far as all the other questions, I really have no idea. 6 month reserves? well if all goes well I plan on saving a good amount of money. So I'm sure I'll have that much at least. I wouldn't get into a house till I get back, in mid August to early September. Just wanted to know if it would be better for me since I want to get into Real Estate investing. I mean, wouldn't it give me good experience as to how the whole process goes? Or would it be completely different if I were investing? thanks

Well I'm reading as much as I can, but I won't be able to invest until early September at earliest due to me moving around so much in the military (training for the next 8 months). I just came back from Japan in August and since then I've been living in a hotel. I had a house in Japan, but really it was a matter of just talking to a housing place and getting set up. Due to the language barrier, they basically do everything for you with other services. I was renting a house. So anyways, that being said I've never owned, or rented a house in the US. I was looking at getting into an apartment after training, but wondering if it would benefit me more to get a house. Other than the convenience, I'm saying it would probably help me go through the process of obtaining a house and financing and such, correct? I figure this would be my "first deal" to basically go through the whole process, but in the end I'll be living in it. I guess my big "fear" is that I've never done any of this, so I really don't know what to expect. What do you all think?

So for those of you who started out with mentors, do you mind saying where you found them? I'm looking at a few after reading their books, but uneasy since I've heard mixed things. I'm thinking about joining a REI club, but I really want to find a good mentor and gain experience fast.

Well a quick look through and I don't see any threads on Asia. Well my main goal is to invest globally, with a heavy influence in Asia, particularly Japan. I want to move back to Japan. Anyone here know how easy/hard it would be to invest in Asia? I know in Japan they're very closed off to foreigners at times, but my fiance is Japanese which may be quite beneficial in this case. I'd really like to invest in China also. I'm starting out but I'd love to live in Asia and retire there as well.

I've been reading a little on proof of funds and Hard money lenders. They seem to be better overall than bank loans since they loan money out quicker and usually more, but at a much higher cost. Either way, I plan on reading much on here and see how people invest.