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All Forum Posts by: Steven Gralow

Steven Gralow has started 2 posts and replied 10 times.

Post: First time investor northern NJ

Steven GralowPosted
  • Ramsey, NJ
  • Posts 10
  • Votes 1

@Brett Baginski Hey Brett my girlfriend lives in lincroft NJ. Maybe we can connect at one of these meetups we are looking for our first house hack.which meetups do u go to

@Jordan Archer so I have a m1 finance account it's not a retirement account just a regular account. Are you saying I could open a LLC with this account to save money on taxes each time I want to withdraw?

@Ashish Acharya and @ Glenna Wood I have a m1 finance account. It is considered an individual brokerage account. Is this considered a self directed ira? and are the tax benefits the same? I was told by H and R block that the account with the least tax implications for early withdrawal would be m1 finance, as above in my initial question I referred to it as an individual brokerage account instead of a self directed IRA.


Post: Looking to Network with others investors in Bergen County NJ

Steven GralowPosted
  • Ramsey, NJ
  • Posts 10
  • Votes 1

@David Michael Hey David can you set me up with email alerts from the MLS? I'm looking to get into a deal of a duplex or triplex below market value anywhere from 70k to maybe 250k. Looking to house hack and use a FHA loan.

Post: Looking to Network with others investors in Bergen County NJ

Steven GralowPosted
  • Ramsey, NJ
  • Posts 10
  • Votes 1

Hi David thanks for reaching out. I first started looking at areas near Ramsey NJ. North Bergen. But my gf lives In Lincroft NJ down south so I also started looking at places down there and potentially in between. 

Post: Looking to Network with others investors in Bergen County NJ

Steven GralowPosted
  • Ramsey, NJ
  • Posts 10
  • Votes 1

Hello everyone I am a 25 year old aspiring millionaire looking to build a rental property empire. I’m looking for the best possible investments in the New Jersey area, and the best knowledgeable investors I can network with! I’m listening to real estate Audio books, and BP podcasts, and I’m looking to buy my first duplex property below market value as a house hack. I plan to use the Brrr method, and repeat the process, until I can become financially free and set for life!

Post: Bergen County New Jersey housing market

Steven GralowPosted
  • Ramsey, NJ
  • Posts 10
  • Votes 1

@Louis Miao I live in Ramsey NJ very close to Paramus and am looking to network with other real estate investors. Do you know if this club still meets? Do you have a link to sign up? I checked meetup.com but I couldn’t find anything

Would u mind explaining the benefits of a self directed IRA for withdrawing for real estate purposes

Appreciate it! I will look into the Self Directed Ira’s. 

Which would be the more cost effective account in order to withdraw the most amount of money and be taxed the least for real estate withdrawals? Would it be a Roth IRA or individual brokerage account?