Want to invest in Dustin2TO? Start here

February 6 2010, 8:37am

This has been re-posted from http://www.dustin2to.com. Things have been hectic for me the last 48 hours. After getting back from Toronto I realized if I wanted to live comfortably there - which I do, and I want to make the most of my money, which I also do, I am going to have to start applying my rules of business to my life. So here is the brake down of my thought process. I want to live in a place that’s comfortable and has sunlight shining through the windows. A place like this is outside of my price range at the moment. I began to think there must be a way to make this work, so I called a friend of mine in the real-estate business and asked his advice. He suggested selling half the property now before I’ve bought it to raise a down payment - so that’s what I’m doing. I want to buy a $300,000 dollar property. I am selling 50 per cent of the property for $50,000 dollars. I’m looking for investors with the minimum investment being $10,000. What makes this deal work is that I will be living in this property for the next two to three years and will be making mortgage payments and covering the taxes. My investors will know the property is being taken care of and they don’t ever have to actually travel to Toronto as I will be managing the property. It works for me because I get to live in a place I’m happy with and I will see a return on the money I put into the property. It works for the investors because they will eventually become percentage owners of a property for a fraction of what it would cost to buy. I will still secure the mortgage but I have more manageable payments for the next few years. As of right now I have $25,000 committed to the project, so there is still a chance to invest. I’m hoping to have all funds raised in the next week. Let me know if you’re interested. Also, let me know if you think this idea could be improved. Dustin2TO is the life-changing journey of a young business development manager’s adventure to the hub of Canadian business. Follow Dustin as he navigates his way from Winnipeg to Toronto and help introduce him to new friends and experiences while opening up a new office for ICUC Moderation Services, the global leaders in content and community moderation services.