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All Forum Posts by: Anthony Standard

Anthony Standard has started 7 posts and replied 23 times.

Post: Self Directed IRA funding

Anthony StandardPosted
  • Investor
  • Union, NJ
  • Posts 23
  • Votes 8

Hello BP Community,

I have in a Self-Directed IRA. I'm ready to pull the trigger on purchasing my 1st multi-family property. My question is, when I buy my property and its cash flowing monthly, how do I reap the financial benefits of my earnings considering I can't touch the funds until I retire? What strategy can I put in place to improve my quality of living shortly thereafter I earn a handsome NOI or cash on cash return without having to pay capital gains on pulling my money out?

Post: Self Directed IRA's

Anthony StandardPosted
  • Investor
  • Union, NJ
  • Posts 23
  • Votes 8

@Mark Nolan, It's fantastic to have multiple  options to  utilize.

Thank you

Anthony

Post: Self Directed IRA's

Anthony StandardPosted
  • Investor
  • Union, NJ
  • Posts 23
  • Votes 8

@Brian Eastman, I appreciate the very thorough and sound advice involving what choices I have moving forward.

@Bob E. ,It was totally great speaking with you today.  Continued success to you in your future endeavors!

@Justin Windham, I have not considered a Solo 401K until I read your post. Im currently pursuing whether I'm eligible for one or not. Thank you for helping me realize the possibility.

I thank each of you gentlemen for taking time out of busy schedule to assist me.

Anthony

Post: Self Directed IRA's

Anthony StandardPosted
  • Investor
  • Union, NJ
  • Posts 23
  • Votes 8

Hello everyone,

I'm looking for a reputable company  to do a self directed IRA in the northern NJ area. Can anyone please offer me some sound direction?

Thank you

Anthony

Post: New member from Michigan

Anthony StandardPosted
  • Investor
  • Union, NJ
  • Posts 23
  • Votes 8

Welcome Kenitra Parks to BP! Best of luck to you in your real esate business endeavors!

Regards,

Anthony

Hello John,

Can you please offer me more info. regarding the monthly meeting in Summit, NJ?

Thanks in advance!

Anthony

Welcome aboard @Ahmad to the BP team. Like yourself, I to just became a new member. Becoming apart of REIA club has been wonderful, in terms of the wealth of knowledge I have acquired. Like yourself Ibrahim, Steve and Lester, I'm focusing my energy in areas like Newark, Irvington, Orange, East Orange to name a few. My direct mail marketing campaign has yield some positive responses of which I followed up with and have a few motivated sellers. Good luck in your pursuit.

Hello David,

Welcome to the BP Community. like yourself I just became apart of BiggerPockets. As a newbie, one of the most valuable tips I've learned is to pick your niche, then learn your market. I like your story and I wish you all the success in the world.

Best regards,

Anthony 

Post: Newbie testing my local market

Anthony StandardPosted
  • Investor
  • Union, NJ
  • Posts 23
  • Votes 8

Thanks Michele,

I'm pretty stoked of growing my brand into a lucrative vibrant business. Going out and learning what my neighborhood market offers has been fun. After looking at all of podcasts on our particular niche of interest, has me ready to close on some deals.

Yeah, I've notice that also. Not sure why that happens, but I'll keep my eye out out that.

I look forward to networking with you perhaps in the future.

Thank you for the kind invite!

Best regards,

Anthony 

Post: Newbie testing my local market

Anthony StandardPosted
  • Investor
  • Union, NJ
  • Posts 23
  • Votes 8

Thanks Dmitrity,

I most certainly welcome the new journey, and meeting great people to work with.

Best regards,

Anthony