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All Forum Posts by: Alex Shaughnessy

Alex Shaughnessy has started 37 posts and replied 278 times.

Post: Rolling annuity into self directed IRA

Alex Shaughnessy
Posted
  • Real Estate Investor
  • Spring Valley, CA
  • Posts 287
  • Votes 98

My mom has an annuity w/ about 40k. She is telling me that is my inheritance. Its currently in a fixed annuity and can barely keep up w/ inflation. I want to use those funds for a deal. I am new to the self directed IRA thing

1. Can her existing annuity be rolled over into a self directed IRA w/o issue?

2. Would it be better to fund the deal as if I was her or use the funds as "private money"?

any feedback is appreciated.

Post: 557 units of Off Market Multifamily Coming Soon

Alex Shaughnessy
Posted
  • Real Estate Investor
  • Spring Valley, CA
  • Posts 287
  • Votes 98

I am interested at taking a peek as well

Post: My 10 year journey to purchase my first 24 unit apartment complex

Alex Shaughnessy
Posted
  • Real Estate Investor
  • Spring Valley, CA
  • Posts 287
  • Votes 98

Sounds exhausting and exciting at the same time. congrats

Post: Kansas City - Inner City Real Estate

Alex Shaughnessy
Posted
  • Real Estate Investor
  • Spring Valley, CA
  • Posts 287
  • Votes 98

Im interested as well. PM me

Post: Should I sell my Rental SFR in San Diego?

Alex Shaughnessy
Posted
  • Real Estate Investor
  • Spring Valley, CA
  • Posts 287
  • Votes 98

if it was fixed I would hold. I feel w/ the arm I would go 1031

Post: Hi everyone! Beginner from Kansas City, MO

Alex Shaughnessy
Posted
  • Real Estate Investor
  • Spring Valley, CA
  • Posts 287
  • Votes 98

Hopefully  you have a better go than Fiona is having at the moment lol

Post: New to Bigger Pockets

Alex Shaughnessy
Posted
  • Real Estate Investor
  • Spring Valley, CA
  • Posts 287
  • Votes 98

Welcome. You are in the right place!

Post: How do I find an Investor?

Alex Shaughnessy
Posted
  • Real Estate Investor
  • Spring Valley, CA
  • Posts 287
  • Votes 98

I would like to see it too

Post: First time investor, is it a good deal?

Alex Shaughnessy
Posted
  • Real Estate Investor
  • Spring Valley, CA
  • Posts 287
  • Votes 98

You need to give a bit more info. what class property/neighborhood? is it rent ready? cost to get rent ready? can it be metered separately? etc a lot more obviously but I think to get decent advice there needs to be more info

Post: Just closed on my first SFH!

Alex Shaughnessy
Posted
  • Real Estate Investor
  • Spring Valley, CA
  • Posts 287
  • Votes 98

congrats.