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All Forum Posts by: Alyxandria Welch

Alyxandria Welch has started 7 posts and replied 27 times.

Post: New investor looking for advice on IRA

Alyxandria WelchPosted
  • New to Real Estate
  • Posts 27
  • Votes 11

Hello everyone,

I have a bit of money in an IRA right now that I would like to eventually use towards the purchase of a rental property. I am looking for advice from other investors who have used their IRA money. What did you do? Did you accept the penalty and take the money out? Did you use a self directed IRA? Thanks!

Post: New investor looking for advice

Alyxandria WelchPosted
  • New to Real Estate
  • Posts 27
  • Votes 11

Thank You everyone for your input and advice! Tiffany, building relationships is exactly what I am working on right now. I appreciate you and your company reaching out and being so responsive!

Post: New investor looking for advice

Alyxandria WelchPosted
  • New to Real Estate
  • Posts 27
  • Votes 11

Thank you so much Erica for all of the great advice!! 

Post: New investor looking for advice

Alyxandria WelchPosted
  • New to Real Estate
  • Posts 27
  • Votes 11

Thank you so much Tiffany for the offer! I am working full time at my W2 still. Still working towards being able to quit the W2 and focus full time on real estate. 

Post: New investor looking for advice

Alyxandria WelchPosted
  • New to Real Estate
  • Posts 27
  • Votes 11

Daniel, thanks for the reply! House hacking is exactly where I plan to start. Probably a duplex (have to make sure I perfect analyzing first). I will definitely be going to many meetups as soon as all of this Covid 19 stuff calms down. As for the mentor, that's a good idea. I will definitely do that given the opportunity. Thank you!

Post: New investor looking for advice

Alyxandria WelchPosted
  • New to Real Estate
  • Posts 27
  • Votes 11

Thanks Anthony! That's exactly what I'm doing right now. A lot of reading and webinars etc. Thats what I need is a mentor. Not entirely sure how to find one yet though. 

Post: New investor looking for advice

Alyxandria WelchPosted
  • New to Real Estate
  • Posts 27
  • Votes 11

I am looking to hear from investors in regards to how they started. Your experiences, your mistakes, your success. Any tips appreciated. Thanks!