All Forum Posts by: Michael Metzger

@Bonnie Low That was my exact same experience...and still is. Maybe it’s a California issue right now

@Samantha Prince You have a good thought process there. Roth IRA distributions follow a set of IRS rules and it depends on what's being withdrawn, cost basis, earnings, or conversion contributions. The below Nerd Wallet article sums it up pretty well.

https://www.nerdwallet.com/art...

@Julie DeWolfe Arroyo I am in the middle of a refinance on my primary home in San Luis Obispo, CA and we are at 4 months right now. Part of the problem is the mortgage rep and serious lack of communication and delays. But it’s been a long turn around.

We are also getting ready to refinance our Salt Lake City property and I will be looking for another mortgage company there. I’m hoping its faster than my current experience.

@James Carlson I applaud you for becoming an expert in a niche. It’s something that I believe more real estate agents should strive towards, especially with technology advancements in the space. Make yourself irreplaceable and with knowledge that clients can’t find on a quick Google search. And because you have placed yourself in that position you should get paid for the advanced knowledge. It’s in the value delivery. Exclusivity can play to your benefit if its communicated in the right way. The short of it is that you are not a generalist and therefore your niched knowledge is not free- don’t feel bad about that. 

@Charles Cowin The easiest way I think you need to look at this is figuring out what your retirement life is going to cost. Then you can reverse engineer what it is going to take to pay for that lifestyle you want. That can be accomplished through real estate and retirement assets. The Roths are a great investment vehicle and perfect for tax-free growth, but a point to consider is the tax deductions and benefits that real estate provides for your higher income earning years. So I would suggest starting with an understanding of how much you need to pay for a retirement lifestyle you will enjoy and then figuring out a good combination of assets to get you there.