All Forum Posts by: Andy Meyers

The problem with that is they get used to being happy...and they then always expect to be happy...and before you know it you can't keep them happy.

I mean how many times can you lose 50k in an effort to keep the Wifey happy?

That's actually quite true! Accommodations can be very cheap in Vegas.

One more vote for VEGAS!

Will,
I think Vegas may be potentially risky for investors.

Some of us might not have any money left over to invest after hitting a few casinos.

What would be the point of a BP conference then?

:lol:

Why not a beautiful Florida area or central US area?

Though it should probably be closer to Josh so that he is easily able to plan it.

This would be an AMAZING event! Totally EXCITED!

Hello Everyone,

A Canadian here.

I am looking to invest between 40-50K in the best way possible.

What I am thinking is to buy a home or two(if I have enough left over) and rent out. Still trying to find a good area.

Do you think this would be the best use of my investment.
Do you have any suggestions?
What would you do?

I can do without the money for 5 - 10 years.

Have a great day!

Where were you thinking of investing?

Hello Everyone,

I am a Canadian looking to buy and rent some property in the US.

Particularly in Florida. Clear water, Miami, Sarasota, Orlando, those types of places. I might consider Arizona and Texas too.

At this point I'm really confused.

What do I do to get started? Are there special websites that I should use?
Should I team up with a seasoned investor/expert?

Living in Canad limits one's access to Florida but I can make a trip down there and stay there for a few months if need be.

Can you point me in the right direction?

I really appreciate all the help you kind folks can give me.

Thank you Jon and Finance Examiner!

I have decided to head your advice Jon.

Needless to say the other party was mighty disappointed.

I honestly think you've help save me from a major pain and potentially a total loss.

Thanks very much friend!

I value your knowledgeable input very much Jon.

Under what conditions would you invest with this fellow?

You would would hold the first note....

What else would you require?

He may be able to assign me as the first lender on another property he purchases.

Thanks friend!

Hello Jon,

I started getting cold feet on this property a few days ago.

I agree with you totally about being the first lender and thus in first position.

I was actually in third place one week ago.

I asked for him to put me in first but his response was

"I can't move you into 1st position - the lender that we dealt with for this one only does 1st mortgages. I had to already do a lot to convince the other investor to move behind you on this."

What do you think?