All Forum Posts by: Nicholas Broussard

@Jeff Wallace  thanks, this is what I had in mind. I'm researching this and solo 401k. 

@William Dampier thanks, I don't plan on cashing in, I'm looking at other ways to use the funds and be able to receive the returns (some of them anyway) without having to return everything to the IRA.

Thanks,

Nick

@Brian Eastman that's what I'm talking about. I have a colleague (ex-colleague) that told me about this. Know any firms that handle these or do I do it on my own?

I can't take a loan from it as I have no job now, I was laid off last week. I don't want to cash in, I understand the hit I'd take. 

Thanks guys.

Nick

Folks,

Are there any other options for utilizing my 401k besides a SD-IRA?

Here's the situation, I was laid off last week, so I'm jumping into REI full time. I have other capital to use as well, but I also have to consider staying afloat with my own bills (I need liquid reserves). So I understand the SD-IRA can finance deals, but the funds and the returns on those deals have to go back into the IRA. I need income from my deals, so I'm wondering what else is available to use 401k funds besides cashing it in.

Thanks,

Nick 

Thanks man, I like that idea and I will definitely do that.

My buddy said the same thing, shoot both and pick after that or even rotate the different commercials on my website.

Nick

Hi folks,
I'm designing my website and thinking of ways to set myself apart from the rest. I have a friend in production and is giving me a good deal on shooting a "commercial" to load onto my site.

My question is, is if I'm targeting pre-foreclosure or absentee owners, do you feel I should make this commercial have a comedic vibe to it or make it serious/normal? He suggested more of a humorous approach (i.e.- youtube "Better Call Saul" commercials), but I'm not sure how somebody who may be in a financial bind will receive that. Please give me your thoughts on that. Thanks

Nick

Hi folks,
I'm designing my website and thinking of ways to set myself apart from the rest. I have a friend in production and is giving me a good deal on shooting a "commercial" to load onto my site.

My question is, is if I'm targeting pre-foreclosure or absentee owners, do you feel I should make this commercial have a comedic vibe to it or make it serious/normal? He suggested more of a humorous approach (i.e.- youtube "Better Call Saul" commercials), but I'm not sure how somebody who may be in a financial bind will receive that. Please give me your thoughts on that. Thanks

Nick

Can anyone recommend a solid CPA that understands the real estate business in Houston? Thanks for any help.