All Forum Posts by: Rav Ram

Dear BP Community,

If you want to significantly grow a Roth 401K by investing in a high-risk startup that you will be heavily involved in on a day to day basis as an officer, what options exist to accomplish this? I know that Max Levchin (founder of Yelp) and Peter Thiel (Founder of Paypal) have both used Pensco to invest their Self Directed IRA's into the companies the started and grew their IRA's to Hundreds of Millions of Dollars. However, how did they do it without running afoul of the Prohibited Transaction Rules, Disqualified Person Rules, Self Dealing Prohibited Transaction by serving as an officer or director or highly compensated employee and investing the money back into their own company?

Again, if you are going to play a significant role in the business, how can you invest your Roth 401K? I don't know how the guys above did it, but the only option that seems to make sense to me is the ROBS (Rollover as a Busines Startup).  Assuming that you are going to be setting up a C Corp anyway because most tech startups are setup this way if they are going to have a large number of shareholders, the ROBS solution sounds appealing, until you get into the details.  Once you hire a lot of employees, or if you are trying to really grow the business and maintain your ownership using the ROTH 401K, it appears to be problematic.

I was wondering if anyone had heard of a successful way to invest their money when they are also involved in the business (like a tech startup) where they will eventually have outside investors, partners or employees!

Thank you

I only see 2 options.  Invest in someone elses startup with your Roth 401k that you are not participating in as a significant player or if you are a significant player in that business, perhaps do a

Investing in the New Year. How to Maximize Results. With Michael Quarles & Other Speakers.

Register here for free: https://www.meetup.com/Real-Estate-Investment-Asso...

What changes are you making to your real estate business in 2017? Come hear from some of the top experts in the field and walk away with new strategies to close more deals. We have a main speaker with a panel to follow:

Key Note Speaker & Panelist: Michael Quarles –

For those of you who don't know Michael, here is a little info from him:

I started investing when I was an adult teenager, buying an R2 lot and constructing a duplex. I didn’t know what the heck I was doing; all I knew was that I wanted to. I had an “S” on my chest mentality, which helped push me through the many unknown battles of real estate.

Since that day, I have been involved with over one thousand real estate deals. In 1991 I obtained my general building contractors license, building over 70 units from the ground up. In 2006 I was proud to obtain my broker’s license.

After doing over two hundred deals in 2005, several people asked me how I did as many deals as I did. My answer then remains the same as it is now: it was of matter of marketing and understanding negotiation.

Subsequently, I began helping new and seasoned investors’ jumpstart their marketing and formed YellowLetters.com. Since that time, Yellowletters.com has become the Nation’s leader in direct mail marketing for real estate investors.

As an entrepreneur I am proud of the variety of businesses I run today.

Register here for the event: https://www.meetup.com/Real-Estate-Investment-Asso...

YellowLetters.com – The leader in direct mail and marketing materials for real estate investors nationwide. We supply Yellow Letters, Postcards, Typed Letters, Zip Letters and more to successful investors who need a proven and affective marketing campaign and strategy.

Buy Sell Fix Flip Academy – Dedicated to helping investors learn real estate investing from a systemized approach. Lead generation, lead capture and lead fulfillment are key components to success. By offering 60+ classes a month, an accountability coach, complete real estate CRM, dozens of videos, audios and useful forms your opportunity for success is greatly magnified. Whether you are or want to be an Assignor, Wholesaler, Wholetailer, Fix ‘n’ Flipper or Passive earner knowledge is key.

1800Sell4Cash – As an active investor I have developed the ultimate business model for buying both as a brink n mortar business and a virtual business. Buying properties throughout the United States through an on propose system for attracting sellers and buyers.

Call Text Technologies, Inc. – The first of its kind telephone, text, email and CRM platform for all business types. Never again will you lose track of opportunity because of the lack of system integration or thorough missed follow-up.

Print Centers – Dedicated to the needs of businesses and consumers alike, Print Centers are conveniently located in neighborhoods to service the Postal, Shipping Printing and Business needs. Our focus is customer service with the personal expertise needed in this ever changing climate of business marketing.

Alex | Ryan Call Center – Hands down the best option for answering the real estate prospect call and beginning the negotiated process. The Alex portion captures the call and completes the intake questionnaire, determining motivation of the prospect. The Ryan portion negotiates the contracts. This entire process is done virtually.

And the one I am most proud of.

The Michael Quarles Real Estate Show - This is at my core the one business, which isn’t a profit center, that I love the most. It allows me the ability to fulfill a life goal of helping people create wealth and build a better life for themselves. With over 400 podcasts and 10’s of thousands of followers I have been blessed.

Other Panel member of Experts Include:

==========

Ravash Ram: Ravash is both an attorney and holds an MBA Degree from Loyola Law School and Loyola Marymount University, with a B.A from USC.. Ravash is currently involved in leading Real Estate acquisition efforts in Residential and Commercial properties both in California and Texas. He has extensive background in buying, fixing, renting and selling properties in CA.

Justin Hixon: Justin is a creative entrepreneur in media and real estate. His creative background in marketing and business development has resulted in hundreds of high return real estate investment deals. Justin has helped dozens of investors purchase properties and put together a strong strategy to help grow their Real Estate portfolios.

Other Panel Members To Be Announced Shortly

Please check out our reviews! This is by far the BEST REIA in Los Angeles and it is still FREE!!! Come be part of this amazing network of people helping each other reach their real estate investment goals.

The Meeting Will Take Place in the Rotunda Room @ The Veterans Memorial Complex.

We are not selling expensive education at this event(like all the other REIA's). It's pure networking and information. This event and parking is FREE. The Veterans Memorial Building is located on 4117 Overland Ave, Culver City, CA . The Free Parking area entrance is through Culver Blvd and the Building is located on the corner of Overland Ave and Culver Blvd. (See Map Below)

In Real Estate Investing it only takes one person, one opportunity, and one deal to change your life. During this meeting we’ll make sure you network with everyone there. Don’t worry if you are afraid to talk to people :) – We’ll make sure you are in a safe, comfortable environment.

This event will be fun and valuable. See you there!

SEE MAP BELOW

======== Please register by clicking here: https://www.meetup.com/Real-Estate-Investment-Asso...

This event will be fun and valuable. See you there!

We are a FREE REIA based in Culver City with over 2,500 members. Our events are not geared towards selling products, but are geared towards networking and education.  

Investing in the New Year. How to Maximize Results. With Panelists & Networking.

What changes are you making to your real estate business in 2017? Come hear from some of the top experts in the field and walk away with new strategies to close more deals. We have a main speaker with a panel to follow:

Key Note Speaker & Panelist: Michael Quarles –

For those of you who don't know Michael, here is a little info from him:

I started investing when I was an adult teenager, buying an R2 lot and constructing a duplex. I didn’t know what the heck I was doing; all I knew was that I wanted to. I had an “S” on my chest mentality, which helped push me through the many unknown battles of real estate.

Since that day, I have been involved with over one thousand real estate deals. In 1991 I obtained my general building contractors license, building over 70 units from the ground up. In 2006 I was proud to obtain my broker’s license.

After doing over two hundred deals in 2005, several people asked me how I did as many deals as I did. My answer then remains the same as it is now: it was of matter of marketing and understanding negotiation.

Subsequently, I began helping new and seasoned investors’ jumpstart their marketing and formed YellowLetters.com. Since that time, Yellowletters.com has become the Nation’s leader in direct mail marketing for real estate investors.

As an entrepreneur I am proud of the variety of businesses I run today.

YellowLetters.com – The leader in direct mail and marketing materials for real estate investors nationwide. We supply Yellow Letters, Postcards, Typed Letters, Zip Letters and more to successful investors who need a proven and affective marketing campaign and strategy.

Buy Sell Fix Flip Academy – Dedicated to helping investors learn real estate investing from a systemized approach. Lead generation, lead capture and lead fulfillment are key components to success. By offering 60+ classes a month, an accountability coach, complete real estate CRM, dozens of videos, audios and useful forms your opportunity for success is greatly magnified. Whether you are or want to be an Assignor, Wholesaler, Wholetailer, Fix ‘n’ Flipper or Passive earner knowledge is key.

1800Sell4Cash – As an active investor I have developed the ultimate business model for buying both as a brink n mortar business and a virtual business. Buying properties throughout the United States through an on propose system for attracting sellers and buyers.

Call Text Technologies, Inc. – The first of its kind telephone, text, email and CRM platform for all business types. Never again will you lose track of opportunity because of the lack of system integration or thorough missed follow-up.

Print Centers – Dedicated to the needs of businesses and consumers alike, Print Centers are conveniently located in neighborhoods to service the Postal, Shipping Printing and Business needs. Our focus is customer service with the personal expertise needed in this ever changing climate of business marketing.

Alex | Ryan Call Center – Hands down the best option for answering the real estate prospect call and beginning the negotiated process. The Alex portion captures the call and completes the intake questionnaire, determining motivation of the prospect. The Ryan portion negotiates the contracts. This entire process is done virtually.

And the one I am most proud of.

The Michael Quarles Real Estate Show - This is at my core the one business, which isn’t a profit center, that I love the most. It allows me the ability to fulfill a life goal of helping people create wealth and build a better life for themselves. With over 400 podcasts and 10’s of thousands of followers I have been blessed.

Other Panel member of Experts Include:

==========

Ravash Ram: Ravash is both an attorney and holds an MBA Degree from Loyola Law School and Loyola Marymount University, with a B.A from USC.. Ravash is currently involved in leading Real Estate acquisition efforts in Residential and Commercial properties both in California and Texas. He has extensive background in buying, fixing, renting and selling properties in CA.

Justin Hixon: Justin is a creative entrepreneur in media and real estate. His creative background in marketing and business development has resulted in hundreds of high return real estate investment deals. Justin has helped dozens of investors purchase properties and put together a strong strategy to help grow their Real Estate portfolios.

Other Panel Members To Be Announced Shortly

Please check out our reviews! This is by far the BEST REIA in Los Angeles and it is still FREE!!! Come be part of this amazing network of people helping each other reach their real estate investment goals.

The Meeting Will Take Place in the Rotunda Room @ The Veterans Memorial Complex.

We are not selling expensive education at this event(like all the other REIA's). It's pure networking and information. This event and parking is FREE. The Veterans Memorial Building is located on 4117 Overland Ave, Culver City, CA . The Free Parking area entrance is through Culver Blvd and the Building is located on the corner of Overland Ave and Culver Blvd. (See Map Below)

In Real Estate Investing it only takes one person, one opportunity, and one deal to change your life. During this meeting we’ll make sure you network with everyone there. Don’t worry if you are afraid to talk to people :) – We’ll make sure you are in a safe, comfortable environment.

This event will be fun and valuable. See you there!

SEE MAP BELOW

========

This event will be fun and valuable. See you there!

House Flipping Secrets - Why Some Investors Succeed and Others Fail...

With special Guest Speaker

Justin Williams, Real Estate Investor: When I first started trying to flip houses more than 8 years ago, I felt overwhelmed by everything I needed to learn. My guess is that you’re feeling the same way right now. It doesn’t help that most “guru” courses and seminars barely scratch the surface and don’t give you the hard truths you need to learn in order to take real action.

I’ve been there. I’ve felt that frustration. It propelled me to create a business system that now flips around 100 houses a year with minimal involvement from myself. And it compelled me to create this website and these educational resources for others who are trying to learn to flip.

I don’t claim to know everything. But after flipping over 500 houses, I’ve learned a lot, and I learned it all the hard way.

On January 10th 2016, come hear Justin Williams talk about House Flipping Secrets - Why Some Investors Succeed and Others Fail...

Why is it that some investors are able to easily get several deals a month when others who have been in the business just as long or longer can't seem to find ANY deals?

Why are some investors making a 6 or 7 figure income while other investors who are working just as hard or harder are just getting by?

Why is it that some investors have freedom and are in control of their life and are able to spend more time with family and doing the things they love while others are stressed out, running ragged and can barely come up for air even though they seem to be doing all of the right things?

Given the nature of the world in which we live and the available technology we have at our fingertips it has never been easier to create massive wealth through Real Estate in a relatively short period of time.

Yet there are so many investors both new and seasoned who give up on their dream of creating a live of financial freedom and abundance through real estate because they just get stuck and aren't sure what they are doing wrong. And who can blame them. With all of the smoke out there and mis information being taught by so called Guru's who aren't even in the business anymore or "Creative Finance Geniuses" who are harder to understand than a 500 page legislation bill it is no wonder so many investors are struggling.

However statistically we know that more millionaires are made through real estate than all other industries combined. Think about that for a minute. More wealth is created through real estate than ALL other industries combined. Hundreds of thousands of real estate investing transactions are being done each and every year. Investors are having large amounts of success in every market in the US regardless of the market location or market conditions.

When you look at the numbers you will find that a small percentage of investors are the ones doing a large percentage of the deals and are getting deals on a weekly and in some cases daily basis. Getting more deals than they know what to do with, while the rest are working even harder and fighting over the scraps.

So what's the difference? Why are some investors able to buy all of the discounted houses they want and are making money hand over fist when some struggle just to get by?

HINT : It has nothing to do with...Intelligence, education, looks, or personality. It also doesn't have anything to do with where they live, how much money they have access to or their ability to rehab a house.

It's something completely different, and while with all of the smoke and noise there is out there at first it might seem complicated it is actually quite simple once you are able to cut through all of the clutter. It's cutting through the clutter that is the hard part.

It took me years to figure these things out, but once I did it changed everything for me.

The year was 2010. My wife was pregnant with our 3rd child and although we had done ok in previous years that year was a struggle and we were trying to figure out how we could get a loan or open up a new credit card to help pay the bills for that month. It had been several months since I got my last deal and if I didn't get one soon I didn't know what I would do. I would go to real estate investment clubs and would hear other investors saying there weren't any deals. I had been hearing this for years and learned to ignore it but I knew I wasn't getting any deals so maybe it was true this time...Maybe there really weren't any deals...Maybe there wasn't any money to be made in real estate anymore? Could it be?...

Finally I got a deal and it kept us going for a little bit but I knew we couldn't go on living like this for long.

Then one day I was reading one of my favorite business books the E-myth and it hit me! I was going about this business all the wrong way. I was spending most of my time looking for deals. This was taking all of my time and when I actually had a deal I would stop looking for deals and would focus on the house. It seems obvious now but at the time it was a huge eye opener for me.

I shouldn't be looking for or trying to find these deals at all. This was taking all of my time and didn't allow me to actually work on growing my business. I needed to have a system that would bring these deals to me! In fact I needed to have a system for everything. A system that didn't include my involvement...
So that is what I set out do do

Now I wish I could say it was easy but it wasn't. I did a lot of things wrong and I did a lot of things right but it finally worked and in 2011 we did 60 deals which was more than we had done the previous 4 years combined and in 2012 we did 120 deals and made our first 7 figure income.

I had finally figured it out and would never have to worry about how to find deals again.

Since that time I have worked with and coached a lot of investors. I have seen investors really struggle and I have seen investors dominate their market.
In fact if you ask my wife and some of my closets friends and colleagues they might tell you I am borderline obsessed with the topic of "Why Some Investors Succeed in a BIG Way While Others Flat Out Fail" and the truth is they are wrong. I crossed that line of obsession long ago.

It just really fascinates me that you can take 2 people in the same market who are similar in so many ways, work just as hard and yet one will dominate, make all the money they want, live the life of their dreams and the other while they seem to be doing everything right just doesn't get any traction.

The truth is that before I discovered these things in these investors. The ones that seem go get all of the deals I really didn't think there were any secrets in this business. You know fellow investors helping each other out, it's just what you do right? But then one day as I was talking to my friend I realized he was doing this one little thing that changed EVERYTHING for his business, and it was something he never told me about and since then I've been doing it and it's changed my business. I've since then noticed this same pattern with other high achieving real estate investors. They may share generalities with you but they all have their secrets. In fact most of the high end mastermind groups will only allow one person per market in their group because if they allow more then the people in the group won't share their secrets.

As I have studied these secrets I have narrowed it down to 12 things. Every investor who is making a high 6 or 7 figure income in this business is doing enough of these things well enough. Those who aren't doing enough of these things well enough are guaranteed to fail. It really has nothing to do with anything else but whether or not you are doing these 12 things. Do them or at least most of them and you WILL succeed. Don't and you WILL fail. It's really that simple, and it has nothing to do with what you might think.

When Ravash and Justin reached out to me to see if I would speak at their investment club I was reluctant. I really don't speak at many investment clubs these days, but we have bought some houses from these guys recently and made a lot of money from them and after a little bit of back and forth they convinced me but this really isn't something I do very often, but when I commit I commit and at this meeting I will be sharing all of these secrets. All I ask is that you don't share this information with everyone and let's just keep it to ourselves. If you are good with that then I'll spill the beans. Deal? ok I'll see you there. This is one event that you DO NOT want to miss.

With over 2,000 members in the Los Angeles Area, and one of the few if any REIA's where the goal is to learn and not to be pitched for expensive products will be hosting the topic on:

How to Get Started in Southern California Real Estate Investing Right Now!

Would you like to achieve financial freedom in 5 years or less? Did you know that you do not need a lot of money to get started in the uber expensive and uber profitable Southern California Real Estate Investing Space? Would you like to finally live your life on your own terms?

If you answered YES to any of the above questions, you owe it to yourself to join us at this highly informative, valuable and COMPLETELY FREE event.

Click here to register for our free event. 

https://www.meetup.com/Real-Estate-Investment-Asso...

Our Surprise Superstar Keynote Speaker-- Massive Investor Michael Quarles along with additinal Panel of Experts (Attorney, Wholesaler, Cash Buyer and more) will be discussing the best techniques, strategies and practices that can get any new investor started quickly, safely and profitably!!!

Key Note Speaker: Michael Quarles – Massive Investor

A little about Michael:

I started investing when I was an adult teenager, buying an R2 lot and constructing a duplex. I didn’t know what the heck I was doing; all I knew was that I wanted to. I had an “S” on my chest mentality, which helped push me through the many unknown battles of real estate.

Since that day, I have been involved with over one thousand real estate deals. In 1991 I obtained my general building contractors license, building over 70 units from the ground up. In 2006 I was proud to obtain my broker’s license.

After doing over two hundred deals in 2005, several people asked me how I did as many deals as I did. My answer then remains the same as it is now: it was of matter of marketing and understanding negotiation.

Subsequently, I began helping new and seasoned investors’ jumpstart their marketing and formed YellowLetters.com. Since that time, Yellowletters.com has become the Nation’s leader in direct mail marketing for real estate investors.

As an entrepreneur I am proud of the variety of businesses I run today.

YellowLetters.com – The leader in direct mail and marketing materials for real estate investors nationwide. We supply Yellow Letters, Postcards, Typed Letters, Zip Letters and more to successful investors who need a proven and affective marketing campaign and strategy.

Buy Sell Fix Flip Academy – Dedicated to helping investors learn real estate investing from a systemized approach. Lead generation, lead capture and lead fulfillment are key components to success. By offering 60+ classes a month, an accountability coach, complete real estate CRM, dozens of videos, audios and useful forms your opportunity for success is greatly magnified. Whether you are or want to be an Assignor, Wholesaler, Wholetailer, Fix ‘n’ Flipper or Passive earner knowledge is key.

1800Sell4Cash – As an active investor I have developed the ultimate business model for buying both as a brink n mortar business and a virtual business. Buying properties throughout the United States through an on propose system for attracting sellers and buyers.

Call Text Technologies, Inc. – The first of its kind telephone, text, email and CRM platform for all business types. Never again will you lose track of opportunity because of the lack of system integration or thorough missed follow-up.

Print Centers – Dedicated to the needs of businesses and consumers alike, Print Centers are conveniently located in neighborhoods to service the Postal, Shipping Printing and Business needs. Our focus is customer service with the personal expertise needed in this ever changing climate of business marketing.

Alex | Ryan Call Center – Hands down the best option for answering the real estate prospect call and beginning the negotiated process. The Alex portion captures the call and completes the intake questionnaire, determining motivation of the prospect. The Ryan portion negotiates the contracts. This entire process is done virtually.

And the one I am most proud of.

The Michael Quarles Real Estate Show - This is at my core the one business, which isn’t a profit center, that I love the most. It allows me the ability to fulfill a life goal of helping people create wealth and build a better life for themselves. With over 400 podcasts and 10’s of thousands of followers I have been blessed.

Panel of Experts:

==========

Ravash Ram: Ravash is both an attorney and holds an MBA Degree from Loyola Law School and Loyola Marymount University, with a B.A from USC.. Ravash is currently involved in leading Real Estate acquisition efforts in Residential and Commercial properties both in California and Texas. He has extensive background in buying, fixing, renting and selling properties in CA.

Justin Hixon: Justin is a creative entrepreneur in media and real estate. His creative background in marketing and business development has resulted in hundreds of high return real estate investment deals. Justin has helped dozens of investors purchase properties and put together a strong strategy to help grow their Real Estate portfolios.

Please check out our reviews! This is by far the BEST REIA in Los Angeles and it is still FREE!!! Come be part of this amazing network of people helping each other reach their real estate investment goals.

The Meeting Will Take Place in the Rotunda Room @ The Veterans Memorial Complex.

We are not selling expensive education at this event(like all the other REIA's). It's pure networking and information. This event and parking is FREE. The Veterans Memorial Building is located on 4117 Overland Ave, Culver City, CA . The Free Parking area entrance is through Culver Blvd and the Building is located on the corner of Overland Ave and Culver Blvd. (See Map Below)

In Real Estate Investing it only takes one person, one opportunity, and one deal to change your life. During this meeting we’ll make sure you network with everyone there. Don’t worry if you are afraid to talk to people :) – We’ll make sure you are in a safe, comfortable environment.

This event will be fun and valuable. See you there!

Hello,

I ran into a homeowner who borrowed $160,000 by a private lender, with supposedly a 9% rate and somehow after 3 months if they didn't pay back the loan, there would be a $40,000 baloon!!!  The lender "bailed them out of a foreclosure" from another traditional lender and now they have a different problem to deal with this guy.

I have a contract to buy the property for $175K and this lender is manipulating the situation and i believe is highly unethical given that title says they only wired $160K into escrow.  The homeowner does not have the original note, and the only thing that the lender is providing is a payoff statement showing the original note being $160,000 with a sum of $202,000 owed!!!  That's $40,000 in interest in 3-6 months??? That's definitely usury...

Are there usury or other lending laws that this person is violating that i can threaten them with or call the authorities on? If he has done this with this home-owner, i'm sure there are others. This is a way of forcing the home-owners to come and give up their property.

Any links or people i can call will help regarding california law.

Thanks!

Hello BP Members,

I'm somewhat in a unique position where I have great funding sources, and a strong ability to get residential deals bought, fixed and sold. I have several agents that work with me directly that have brought great deals and also buy many properties off market. I'm looking to find as many deals as possible that make sense for either taking down or wholesaling. I have a ton of buyers that are also willing to buy from me... so my problem is getting enough deals.... but I now have a unique opportunity...

I will be speaking to and presenting in front of 40+ RE Agents who range from new to very advanced. These agents are willing to work with me and help me find deals in ways that I suggest... However, instead of asking and showing them "find me good distressed deals, and shortsales, and this is how you calculate ROI and ARV and this is what a good deal looks like" I am coming to this forum to see what unique and innovative ways i can direct these agents that would yeald the best result...In a dream world, how do i get their help to bring in GOOD deals all day!!!

Any ideas on this strategy will be very useful... 

Hello,

I purchased a vacant old nursing home that is in a low income area of the Dallas / Fort Worth area.  The place has 30+ Rooms and is over 15,000 square feet. I was going to convert this 1950's building to an assisted living facility, but it looks like it will cost too much without any guarantee that the operation will be successful. I'm now looking into alternative uses for the building. 

I was wondering if anyone had any ideas.  Keep in mind it looks just like a little hospital / old nursing home. Big doors, big hallways. Other things i have considered are developmentally disabled housing (don't know anything about), veteran housing (know very little), homeless children, special needs (don't know much)... I have the building, now i need to perhaps figure out a good business plan for one of the above or perhaps find someone who knows how to write government grants.... The area is low income and i'm sure there are programs.

Anyone have any ideas?

Hi Brian,

Most attorneys have no clue what i'm asking for when i say that i need it for a 401K loan and that it needs to be non-recourse.

Where or which attorney can do this type of documentation for California!!!

Is there a website or resource page that has this? I've spoken to 3 custodians and they say call an attorney and the attorneys i've spoken to don't have something specifically for a self directed 401k or ira loan.

Anyone in CA?

Hello,

I'm getting a private loan from a friend to buy a property in my self directed solo 401K. I am trying to find someone who can help me with specific documents for a non-recourse loan in Los Angeles (California). Does anyone know where to find such information or documentation other than "call an attorney."  

I've already called Equity Trust and they couldn't help me!

Has anyone done this before who can help?

Thanks