Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
New Member Introductions
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 about 8 years ago on . Most recent reply

User Stats

164
Posts
32
Votes
Andrew Merritt
  • Rental Property Investor
  • Summerville, SC
32
Votes |
164
Posts

New to REI from Summerville, SC

Andrew Merritt
  • Rental Property Investor
  • Summerville, SC
Posted

Hey Everybody,

I'm new to the world of REI. I've been doing a lot of financial research as of late and through my reading I've decided to pursue real estate as a new venture. I'm 29 and a mechanical engineer by trade and I'm looking for another income stream to pad my retirement assets.

Looking forward to learning a lot and making some money!

Most Popular Reply

User Stats

11
Posts
4
Votes
Gail Poyner
  • Roseland, NJ
4
Votes |
11
Posts
Gail Poyner
  • Roseland, NJ
Replied

Hi @Andrew Merritt

That's pretty much exactly how you would do it! The same limitations for contributions would apply for a self-directed Roth just as a Roth account. If you are interested in transferring your Roth into a Self-Directed Roth you are more than welcome to PM me. The process is fairly easy once you find an administrator you would like to work with and I would be more than happy to help! 

Loading replies...