Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply presented by

User Stats

9
Posts
0
Votes
Long Lam
  • Investor
  • Grand Prairie, TX
0
Votes |
9
Posts

Recommendation for Checkbook IRA?

Long Lam
  • Investor
  • Grand Prairie, TX
Posted

Good morning everyone!  I have been on BiggerPockets for about a year but too nervous to post anything due to lack of knowledge in real estate.  Today, I am doing it.... 

I have a few 401k accounts from my previous employers and would like to move them into a Checkbook IRA. I did some research on BiggerPockets but most of the posts are old (3-5 yrs) so I am not sure if the information is still relevant.

My questions are: 

Does anyone has any recommendation on checkbook IRA? Accuplan, BroadFinancial, or any others?

Anyone has any success buy and hold real estate with a checkbook IRA?

Thank you for your help and time!

Most Popular Reply

User Stats

17,853
Posts
6,247
Votes
Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
6,247
Votes |
17,853
Posts
Dmitriy Fomichenko
#1 New Member Introductions Contributor
  • Solo 401k Expert
  • Anaheim Hills, CA
Replied

Long, congratulations on breaking the ice and making your first post!

Checkbook IRA can be very powerful tool when it comes to alternative investing (real estate, private lending, tax liens, syndication, private placements, hard money lending, etc). Many of my clients successfully investing, the story of one just came to mind, hopefully it will inspire you and help you make the next move:  

https://www.nerdwallet.com/blog/investing/self-dir...

  • Dmitriy Fomichenko
  • (949) 228-9393
business profile image
Sense Financial Services LLC
4.9 stars
166 Reviews

Loading replies...