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All Forum Posts by: Daphne Barber

Daphne Barber has started 4 posts and replied 65 times.

Post: 50 too old for REI - Notes vs Rentals vs ?

Daphne BarberPosted
  • Rental Property Investor
  • Investor from New York, NY
  • Posts 95
  • Votes 35

@Jorge Borges Hi Jorge many thanks for the link! I hear there's a ton of investment happening in Newark!

Post: 50 too old for REI - Notes vs Rentals vs ?

Daphne BarberPosted
  • Rental Property Investor
  • Investor from New York, NY
  • Posts 95
  • Votes 35

@Brian Ploszay Yes I was a tenant long enough to understand that land lording isn't passive. 

You are correct NYC is a terrible market unless you're a hedge fund.  Or unless you had the vision to invest in one of the hoods 10 - 15 years ago.  So yeah Northern NJ would be very easy, but other than that, investing long distance is something I haven't figured out yet. Another option would be to see what's happening on Long Island, or along the Hudson River towns.

Post: 50 too old for REI - Notes vs Rentals vs ?

Daphne BarberPosted
  • Rental Property Investor
  • Investor from New York, NY
  • Posts 95
  • Votes 35

@Chris Masons messaging you now :)

Post: 50 too old for REI - Notes vs Rentals vs ?

Daphne BarberPosted
  • Rental Property Investor
  • Investor from New York, NY
  • Posts 95
  • Votes 35

@Cody L. Good job! I see you are in San Diego - is that where you invest? Seems like we're both in the same boat with expensive markets. Thanks.

Post: 50 too old for REI - Notes vs Rentals vs ?

Daphne BarberPosted
  • Rental Property Investor
  • Investor from New York, NY
  • Posts 95
  • Votes 35

@Steve Vaughan Hi Steve - thanks for the welcome and the feedback - appreciated. Yes point taken about one trick pony Lol good analogy.  I should probably know better that a supposed expert may just be another voice on the interwebs....

Post: 50 too old for REI - Notes vs Rentals vs ?

Daphne BarberPosted
  • Rental Property Investor
  • Investor from New York, NY
  • Posts 95
  • Votes 35

@Chris Masons Hi Chris and thanks for all the suggestions. I see you are in Union we're practically neighbors - I used to live in Bergen and Hudson counties. Your area would be a good place for us to invest :) 

Regarding the IRA conversion to Roth tax issue, yes this was brought up. He suggested setting up a Roth and funding it over a period of 5 years so as not to take a big tax hit. Thanks again for pointing it out though. Best wishes with your investments in NJ!

Post: 50 too old for REI - Notes vs Rentals vs ?

Daphne BarberPosted
  • Rental Property Investor
  • Investor from New York, NY
  • Posts 95
  • Votes 35

Post: 50 too old for REI - Notes vs Rentals vs ?

Daphne BarberPosted
  • Rental Property Investor
  • Investor from New York, NY
  • Posts 95
  • Votes 35

@Jill F. wow that's awesome congrats and thanks for posting! Great job on your investing!

Post: 50 too old for REI - Notes vs Rentals vs ?

Daphne BarberPosted
  • Rental Property Investor
  • Investor from New York, NY
  • Posts 95
  • Votes 35

@Mags S. Sage advise - thank you much! Actually I have the name of a fee only planner from a friend, and I was planning on consulting him. Thanks for the reminder. I think it's awesome you're "still in the game". Best wishes in your investments. BP Rocks.

Post: 50 too old for REI - Notes vs Rentals vs ?

Daphne BarberPosted
  • Rental Property Investor
  • Investor from New York, NY
  • Posts 95
  • Votes 35

@Jordan Moorhead Thanks for the reply! Yes - and what you're saying is exactly along the lines I was thinking till I had that "conversation" with the notes investor on here. BP Rocks.