All Forum Posts by: Peter T.

Congrats.....happy shopping this weekend...

Very clear ;) ....let us know if it works...

Hi Karen,

Welcome, BP is a great platform for networking and knowledge!

Great post and a motivation booster for me.

Although I still have fear I have decided to take action and come to the USA and do some on the ground researching in early 2012

The areas I will be focussing on are Las Vegas, Phoenix, Tampa, Atlanta.

And a few other places but those are for leisure.

Not very creative but It is how I and some of my friends (in Shanghai) with Canadian citizenship think.

Canada like China the RE prices are too high hence prefer to buy somewhere else.

Welcome on board.

BP is a great platform to learn and network!

Agree with Brian and Chris comments that gold is at quite high level and I would invest in destressed assets over overhyped ones any day.

But taking a step back, you mentioned you used up most of your cash and only work parttime If I was in this situation I would sell the gold and put the cash in bank account because I want to have some reserves in case something happens.

Just my 2c

Strange, I thought this legislation was allready there.

Attended an exhibition in Macau a few months back where a Company suggested that by purchasing RE for a value of USD 220K a green card could be obtained.....

Cheryl,

They are prodcuts / instruments designed by Banks whereby they have combined a guaranteed deposit and juiced it up where by your return can increased if a certain thing happen

For example, last time they offered me a product whereby the principal is guaranteed and the retun is at minimal 2% (note the 3 mnth deposit rate at that time was 2.8%)

But depending on the movement of the EUR/USD the return can go up to 6%.

Now in my case I got 4.5%. But most of the time I only buy the once where the money is used for interbank lending rather than betting on movements of a certain underlying (FX, or stocks or index)

Bear in mind I am based in China!

There are other products where they offer much higher return but there is more risk (http://www.economist.com/node/18118975).

I believe banks in US / Europe offer structured products as well whereby this is packaged with the stock exchange or certain stocks do certain movements.

My experience is in general not to mix business with private.

This can cost your family member a friend.

And as your family member friends has neither money nor credit it can end up ugly.

I am a newbie myself so can not comment on the basics / details of Rent-to-Own structure but I am sure there are other more experienced BP members who can help you on this.

Peter