All Forum Posts by: Michelle G.

Hi,

My husband and I would like to attend.  Is it open to anyone?

thanks,

Michelle 

I only have a few rentals, I advertise on Craigslist and specifically state that to move in you need 1st, last and security and that totals $6000. or whatever the amount is.  Then when I receive my email replies I ask for who will be living there, where they work, income and reiterate no pets.  I'd say after that I am down to about 25% of where I started and I then talk to them on the phone.  I guess it is a lot of steps but worth weeding out one bad tenant.  As noted above, I also check for a facebook page.

Michelle

Thanks all for some great responses, I think that I am definitely more uncomfortable with non-real estate related investments.  I felt like perhaps I was doing something wrong by investing mostly in real estate.   

I am researching now a few funds that I think will work and I appreciate all of your help.

@Justin Windham   I always appreciate your help when I call about my solo 401k.

Thanks,

Michelle

@George Blower

Thanks for your response. You explained really well the rules of real estate purchase and I understand it now, thank you.  I do have checkbook control and I currently invest in crowdfunding.  What my concern is that do I have too much in real estate.  I guess I was looking for suggestions to invest the 30-50k a year that goes into the solo 401k. 

Hello,

I am from Long Island and have a question regarding retirement savings.  I have 3 properties (2 rentals one recently purchased) besides my residence and last year did my first flip. That flip did well.  My husband is in construction but it was very difficult with his full-time job and small construction business (he worked 7 days & nights a week last year).  So this year he quick his full-time job to focus on our investments (currently rehabbing that 3rd property) and his small construction company.  Here is my question.  We have about 10 years till retirement, I have a small 401k at work invested in mutual funds,  My husband has a small solo 401k from his business invested in REITs.  We have 30k to invest from his solo 401k this year.  The fact that only 15% of our retirement fund is in the stock market and the rest is in our properties and  REITs is making me think that I should be more diversified.  So basically I have about 950k in all totaled.  Since I can't buy a property with the 30K (lots of rules with solo 401K).  Where should I start moving annual money or should I continue to use Fundrise, realty mogul and rich uncles as I had been.  Thanks in advance!