Your decision will have to based on your personal risk tolerance and investment goals.

I also read a book called Rich Dad, Poor Dad by Robert Kiosaki.

I just recently moved back to Ontario and am seriously considering making a go in real estate investment arena (with the help of my brother and a part-time consulting job..lol).I see a few other Ontario people on here, so I hope maybe we can connect in the future.For the time being, I'm being a good newbie and am taking the advice of reading all the posts on here and reading the resources that are suggested (Rich Dad, Poor Dad, etc).I've actually developed my own spreadsheets based on the ones that you have on here...they were just what I was looking for.I know everyone is very busy making money (lol)...so I'll sign off for now.Thanks for all the great advice and I look forward to being able to give some good advice of my own in the future.Cheers,John

Hi everyoneOk need some advice I have a chance to buy a property from my father Its his house the place on the inside is in pretty poor shape and he really wont be needing it anymore hes 83.

don't think like a poor person - poor/middle class people - "save" their money.you want to "invest" your money wisely."

i can see you're an entrepreneur huh.well prepare yourself for the ups and downs of being a noob.you're gonna get so gung ho on one thing in one week and a few days later, get hooked on something else.one week, you'll be wholesaling...definitely.the next week, you'll be buying, rehabing and selling...DEFINITELY.the next it will be buying, fixin and renting, refiing...WITHOUT A DOUBT.whatever you do, stick to your guns about one thing:MAKING A DECISION TO TAKE CONTROL OF YOUR LIFE, PSYCHOLOGICALLY, SPIRITUALLY, PHYSICALLY AND FINANCIALLY!!!

he also wrote Rich Dad Poor Dad.visit this site and others to get a hands on feel for what YOU have to learn about yourself.

I guess i could say my eyes were openeed to a new world after i read rich dad poor dad and then couldnt stop thinking about what i was doing wrong and trying to get back on track to doing to recover from my early bad habits. well im 21 thinking about startin off in whole saling i already read all of ryans whole saling posts. the only thing i believe im missing is the contract part, may seem like an obvious question but my attorney would be drawing this contract up with a few contingencies while whole saling?

The person with the good credit opens credit cards or loans for the person with no or poor credit as a co-signer.

:D You might want to read Robert Kiyosaki's Rich Dad, Poor Dad.