All Forum Posts by: Jesse Birmingham

I’d ask this question to a larger forum and then come to us when you have an idea if and how you want to vacation rental. Although I don’t think any of us have any advice on Asia.
For 140k couldn’t you be a doctor?

Thanks. I'm new to the site and wasn't sure where to base my questions. I'll try that. But for $140k no, I don't believe that would pay for half of medical school.

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Originally posted by @Matt Lawrence:

Part of it depends on the terms of your student loans; low interest rate I'd be more willing to invest. If they're closer to 8% loans I might hold off.

About half are federal loans at nearly 5% the other half are private ranging from 6-9%. All about 10 year terms.

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Originally posted by @Storm S.:

If you are set on investing the money rather than paying down debt it may be safest to be a passive investor that way you can’t get stuck with more debt

What exactly is a passive investor?

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Greetings. I'm a mariner and spend at least half the year on a ship. I currently do not own any property (rental or my own). The only bills I have are student loans. I currently net about $4000 a month after I pay my student loans. I'm looking to start investing in short term or vacation properties in luxury areas. is it feasible for me to do this? I would like to buy in places like Thailand or other SE Asia areas. Would I be a fool to do this while I still have about $140,000 in loans to pay off or could I start to make money at the same time? Any info or advice greatly appreciated. Basically I feel I have the means to make my income grow and want to try to do that.

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All Forum Posts by: Jesse Birmingham

Jesse Birmingham has started 1 posts and replied 4 times.

Post: Money to burn looking for a return

Post: Money to burn looking for a return

Post: Money to burn looking for a return

Post: Money to burn looking for a return