D
dingram041
New Member
Hi all,
Wanting some advice from experienced investors. Luckily I have paid off my mortgage and it's time to invest for the future as well as hopefully a short term gain - 3 years or so short term. I'm thinking of buying 1 or possibly 2 apartments. One in Florida and one in Texas. Firstly I don't know if this would be correct to do with 2 being so far apart and paying 2 lots of fees just for investment rather than just going one bigger apartment in one place. Secondly I'm afraid of being conned and don't know anything at all of who's who to trust in this. I would look at obviously renting it/them out. Also about setting the whole thing up and exchange rates etc. Would look at coming over on holiday for a few weeks every couple of years to Florida, but with the Texan apartment, would look at that being long term investment unless I'm told it's wiser to just buy one, then I'd be looking at Florida. Also, should it be left one more year before buying. I know nobody knows for sure and to keep ear to ground, but just wishing for any wise advice and own opinions. Any advice on buying, who's safe, who to trust....anything at all really would be more than welcome.
Thank you
Wanting some advice from experienced investors. Luckily I have paid off my mortgage and it's time to invest for the future as well as hopefully a short term gain - 3 years or so short term. I'm thinking of buying 1 or possibly 2 apartments. One in Florida and one in Texas. Firstly I don't know if this would be correct to do with 2 being so far apart and paying 2 lots of fees just for investment rather than just going one bigger apartment in one place. Secondly I'm afraid of being conned and don't know anything at all of who's who to trust in this. I would look at obviously renting it/them out. Also about setting the whole thing up and exchange rates etc. Would look at coming over on holiday for a few weeks every couple of years to Florida, but with the Texan apartment, would look at that being long term investment unless I'm told it's wiser to just buy one, then I'd be looking at Florida. Also, should it be left one more year before buying. I know nobody knows for sure and to keep ear to ground, but just wishing for any wise advice and own opinions. Any advice on buying, who's safe, who to trust....anything at all really would be more than welcome.
Thank you