Where to start with 60 K?

**jzp5057** · 01-18-2012, 01:06 PM

A few years ago I was involved in a car accident in which provided me with a little over 100k.

I would like to use 60% of this to launch my real estate investment career.

The knowledge of this industry is limited to a few books (Millionaire Real Estate Investor; 2 years to a million in real estate).

I am interested in your opinion in what you believe is the best way for me to start with the funds I have available?

I am located in the NJ/PA area and I am 24 years old with very good credit.

Thank you!

**Greg** · 01-19-2012, 05:05 AM

Do not give any of your money to anybody who says they will teach you how to get rich by investing. If these people knew how to get rich they would not be trying to sell you their get rich schemes.

**lauraedward** · 01-20-2012, 02:21 AM

if you really want a good return on your investment, Canada is a best place for it. Real estate sector of Canada is in much better condition than united states. why i am suggesting you this is because:
Canada is very less affected by the global recession.
financial institutions are in sound condition, there is no meltdown.
easy mortgage and funding facility is available here.
infrastructure is good.
property prices are much stable.
growth rate of property is better.
with an American visa you can easily invest in canadain market and you will be facilitated much!