All Forum Posts by: Ryan Sweeney

Thank you Peter, I just downloaded the episode and will listen to it on my drive to work tomorrow.

Looking to learn more about mortgage note investing. Will to assist seasoned investors to learn (going through tape, cold calling, etc).

Thank you

Ryan

@Sheila Campbell any luck on this?

I am learning too and want to connect with others but not finding much.

Also former military or brat?

@Brian Eastman you guys have been super helpful and I am very grateful!

@Bill Exeter right because they are disqualified people, however, that would be legitimate under a solo 401k?

@Brian Eastman thank you!

Does anyone have experience (pros and cons) with Rocket Dollar?

I have already established a SD IRA with a custodian.

I am looking at establishing a SD solo 401k with checkbook control with a provider at lower costs.

I also am looking for advice if it is smart to leave my SD IRA with a custodian and pay the higher fees or if I should roll it over to a provider to minimize cost and gain checkbook control.

Thank you.

@Brian Eastman

Hi Brian, the SD 401k with checkbook Control seems pretty clear cut and dry.

However, what about the SD IRA? I was led to believe that this is more of a grey area and by establishing a custodian, you are ensuring protection against any tax/IRS issues? Have I been mislead?

@Ed Jesionka

Hi Ed. It’s a 5 acre coffee farm (that is cared for by another adjacent farmer) that has two build sites. Road has been improved and utilities on main road. It has a title and would be a private sale.

I have ran some numbers based on comps and feel comfortable with my max number, but given I don’t know the area, I am balancing risk vs reward (finding trusted POCs, lawyer, etc) and paying them and also knowing if the area fits growth plans.

Coffee essentially pays for everything so I wouldn’t rush to develop. Plan would be to build a vacation home/retirement home that I could double as BnB if the area is sought out a enough.

Thank you for your time, advice and feedback!

Ryan

I have doing some research into Costa Rica, specifically the San Isidro area, based on a possible great deal I have come across.  I do not know much, but am diligently doing my research on the area and would love some insight.