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All Forum Posts by: Alan Lafontaine

Alan Lafontaine has started 2 posts and replied 10 times.

Post: Looking for connections/networking in Rhode Island

Alan LafontainePosted
  • East Providence, RI
  • Posts 10
  • Votes 7

@Anthony Thompson thank you Anthony. I will look into the local organizations you mentioned. I wish you continued success.

Post: Looking for connections/networking in Rhode Island

Alan LafontainePosted
  • East Providence, RI
  • Posts 10
  • Votes 7

@Sam Albert thank you so much. And wish you continued success.

Post: Looking for connections/networking in Rhode Island

Alan LafontainePosted
  • East Providence, RI
  • Posts 10
  • Votes 7

I live in Rhode Island and am looking to get started. I'd like to get some networking under my belt so I can begin the journey. I currently own to properties; my parent's home in which they live and my own home. Now, I'd like to start acquiring some income units. 

Post: What to do with 401k

Alan LafontainePosted
  • East Providence, RI
  • Posts 10
  • Votes 7

@George Blower Wow! That's a lot of info! Thanks so much. Unfortunately (or fortunately, depending how you look at it), I won't qualify under the Cares Act. I haven't been adversely affected by COVID.

Post: What to do with 401k

Alan LafontainePosted
  • East Providence, RI
  • Posts 10
  • Votes 7

@Ray Evans Thanks Ray. I, however, nor family member have been negatively affected by Covid.

Post: What to do with 401k

Alan LafontainePosted
  • East Providence, RI
  • Posts 10
  • Votes 7

@Darius Ogloza Sounds pretty hefty. I kind of figured I was going to take a big hit. That's why I threw the question out there. Thank you so much for your Insight.

By the way, how is the market in Marin County? I lived out there back in the late 90s. Spent some time in San Rafael and Kentfield. Miss that part of the country.

Post: What to do with 401k

Alan LafontainePosted
  • East Providence, RI
  • Posts 10
  • Votes 7

@Dalton Adams Thanks Dalton!

Post: What to do with 401k

Alan LafontainePosted
  • East Providence, RI
  • Posts 10
  • Votes 7

@Tanvir Sattar Thank you. I figured on the outlay of tax and penalty.

Post: What to do with 401k

Alan LafontainePosted
  • East Providence, RI
  • Posts 10
  • Votes 7

Hi BP Universe! I'm in my mid-50's and just starting out. I have a small 401k of around $20k. At this point in my life, I see little opportunity for big growth in that plan. My question is, would it be wise to close it out and use it to fund a RE investment?

Post: Anyone begin their real estate journey in their late 40s?

Alan LafontainePosted
  • East Providence, RI
  • Posts 10
  • Votes 7

@Patrick Froehlich I'm starting in my mid-fifties. Working on finding my first deal. Better late than never I guess.