Comments on: Under the spotlight: Josh

By: 7 Millionaires … In Training! » Under the spotlight: Scott

7 Millionaires … In Training! » Under the spotlight: Scott — Fri, 26 Jun 2009 10:21:46 +0000

[...] Josh found out I like to put our 7 Millionaires … In Training! under the virtual ’spotlight’ [...]

By: Juliana Russell

Juliana Russell — Wed, 10 Jun 2009 21:23:38 +0000

AHa!…I am definitely looking into that right away! Since I am on a mission to reach to my number and constantly paying attention to it. Remember..whatever you pay attention to grows! Whether it is troubles or good stuff.

This is the second time today I heard about wordpress.
Thanks and I will be here often.

By: Josh

Josh — Wed, 10 Jun 2009 19:26:51 +0000

I think you need a wordpress account…then upload your photo,
Hope you visit often!

By: Juliana Russell

Juliana Russell — Wed, 10 Jun 2009 15:52:23 +0000

Honestly Josh, I don’t know a thing about REITS or the stock market. But it is best to go with what you know and love. Now I see that everyone else has their Share Your Number pic. Do I need to add my pic to my profile and it will pop up or do I need to sign up somewhere else?

By: Liftoff! «

Liftoff! « — Wed, 10 Jun 2009 07:53:59 +0000

[...] in fact, some horses have jumped right out of the gate so fast, we’ve had to gently coax them into slowing down, [...]

By: Josh

Josh — Wed, 10 Jun 2009 04:02:13 +0000

Juliana, a good suggestion, but real estate turns me off. Stocks are more my speed, what do you think about 500K in a high yield REIT or several REIT’s?
And thanks for commenting, 8 heads now and counting…

By: Adrian

Adrian — Tue, 09 Jun 2009 21:17:40 +0000

@ Juliana – Now THERE’S a great piece of advice … esp. if you can get the building to cashflow positive from the get-go …

By: Josh

Josh — Tue, 09 Jun 2009 20:29:06 +0000

Adrian, Mark, Scott, Lee, Jeff and Ryan, thanks for all the spectacular advice. 7 heads are exponentially better then one.
This post has challenged some of my investing principles I think for the better. Thank you gentlemen.

By: Juliana Russell

Juliana Russell — Tue, 09 Jun 2009 16:47:39 +0000

What if you took the 500k and purchased an apartment building instead of an apartment? It would have to be further away in an area hit harder where property has depreciated more than NYC. With the housing market so bad right now there are many many more renters. If you wanted to you could even live in one of the units, but it would be a longer commute for you. Paying cash could mean an immediate return on your investment if there are current tenants in the building.

By: Adrian

Adrian — Tue, 09 Jun 2009 16:26:08 +0000

@ Josh – well , Mark, Ryan and Lee have put to bed your biblical fears about borrowing … you will meet the three conditions, right? And, if the Church can borrow to build churches ….

… and, as long as you meet your Date there IS no delay

But, for now:

- I’ll take “I will consider moving 50% into a less-risky strategy”

- Turn off the spotlight (with thanks to all the fantastic contributions … I think everyone would have to agree that this has been the best, single post on this blog, to date)

- And, now I can go to sleep soundly