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All Forum Posts by: Ken Wilson

Ken Wilson has started 2 posts and replied 6 times.

Post: Decision Time, Going All In

Ken WilsonPosted
  • Greater Sudbury Area, Ontario
  • Posts 6
  • Votes 1

Thanks for all of the good advice! Much appreciated. 

Post: Decision Time, Going All In

Ken WilsonPosted
  • Greater Sudbury Area, Ontario
  • Posts 6
  • Votes 1

Good morning Bigger Pockets!!

Well, after some positive messages from my fellow Canucks I have decided that I'm going to jump into real estate investing. So, being the good husband I am I told my wife before I even told you. This was not met with the positive response I imagine I will receive from the forum.

My mistake is that I took my wife a few years ago to see a guru's real estate "seminar" where we sat through hours of presentations designed to entice people into buying a real estate courses. My wife has very low risk tolerance, and after this experience thinks that real estate investing is a scam. She is very worried about buying a single family residence where we discover huge issues that eat up end up costing us 150% of the house value by the time you are done paying.

I don't have the answer yet about what to do when your flip turns into a nightmare. Would I be able to get some exit strategies from experienced flippers so I can ease my wife's concerns?

Thanks everyone!

Kenny

Post: Newbie From Canada

Ken WilsonPosted
  • Greater Sudbury Area, Ontario
  • Posts 6
  • Votes 1

thanks again for all of the warm welcomes. I am definitely getting excited now. My vision is starting to come together thanks to the tips and pod casts.

Post: Newbie From Canada

Ken WilsonPosted
  • Greater Sudbury Area, Ontario
  • Posts 6
  • Votes 1

Thanks for the welcome guys. 

@Roy N. Did you get the chance to see the Big Nickel and Dynamic Earth while you were here? Very cool. 

It's those differences up here that has me hesitant to get started. That and I want to make sure I am fully aware of any ramifications of investing state side. 

Post: Newbie From Canada

Ken WilsonPosted
  • Greater Sudbury Area, Ontario
  • Posts 6
  • Votes 1

Hello everyone!

My name is Kenny and I'm from Northern Ontario. Thank you for allowing me to join your community. 

While researching a guru I stumbled on this wonderful site. It is very informative here and everyone seems very friendly. 

At the moment I am educating myself in real estate investing. I want to become financially independent and free my time from my income. I am starting to see that this can be the perfect way to achieve these goals.

Thanks again!

Kenny