All Forum Posts by: Christopher Costea

 Can you talk to me about these real estate notes? Is there less risk than investing in actual real estate itself vs the note? 

 Thank you this was very informative. I am exploring all avenues. I have a solo 401K from a prior business as a physician assistant I had and Roth as well. Exploring all options. You were extremely helpful. 

@Nicholas L. Thank you so much. I have the cash, I think it's hard for me to stomach spending the money. I want to invest in real estate, I personally don't have the time for active investing at this time. I am reading about syndications currently. I also read that it seems like these smaller syndications don't really protect them the way they should.  

@Brett Synicky the ladder. Converting to a SDIRA. I read the SDIRA investing book from bigger pockets and it seems like it defeats the whole purpose of what investing in real estate is about. It seems like a lot of the tax benefits get negated. I am interested non the less. 

I also mentioned a Roth, isn’t that a self directed account? If you use that at a vehicle over the 401k is that a better option? 

Hello, I am 34, with W2 job in health care. I am also doing my MBA while taking care of my first born. Living in NY. Tri state area very hard to invest in. I think passive is the way to go for me. I have always maxed out my retirements. I have a 401k, Roth and Regular IRA. I have been teaching myself as I go. Does anyone have any advice on thoughts about investing locally vs away? Also does anyone regret tapping into their 401K, IRA early?

Thank you so much everyone for giving me your honest advice I really appreciate it. 

Hello, I have a brother in law who loves NASCAR. He often speaks about how the rent spots for his trailer when he goes to Daytona. I am a novice in all areas related to investing. My headquarters are in NY. Has anyone done Mobile home investing in terms of just the land itself? What are the pros and cons? How do I get started? How much time would one dedicate if the land is developed with proper zoning already and you want to just lease spots out? 

I appreciate the honesty. What passive methods of real estate would you recommend me investing in? 

Hello all! I really appreciate anyone’s help or guidance. Currently live in NY. I think the tristate area is too expensive to invest in general at the moment. I am open to investing out of state although I am a novice with limited exposure in real estate investing. Currently have a mortgage that is quite high without any other debt. My wife also works together we make a decent income. I work in medical field and so does she. We just had our first child, and I would like to diversify our investment portfolio. At moment I spend about 40-50 hours a week towards my job so I don’t know how time I could dedicate to actively investing. I was looking at syndications but I have no idea where to start. In future maybe I will be able to spend more time investing, I am also getting my MBA part time so its not realistic to manage a multi family at this time.