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All Forum Posts by: Timothy Wallace

Timothy Wallace has started 1 posts and replied 3 times.

Real Estate Deal Analysis & Advice

Post: Trading W-2 for Self Management- 0-92 Units in 16 months!

Timothy WallacePosted
  • Posts 3
  • Votes 2

Great post Collin.  I’m exactly where you were when you started and really needed the encouragement.  Keep crushing it buddy!

0 Votes
Personal Finance

Post: Self directed 401 (K) vs Solo (K)

Timothy WallacePosted
  • Posts 3
  • Votes 2
@Brian Eastman @Dmitriy Fomichenko Thank you for your responses. If I am understanding you correctly, a Self-Directed 401(K) and Solo (K) are the same thing. In order for me to be able to invest a Solo (K) in rental homes and notes (or any other real estate investments) it cannot be managed by a financial advisor, but by me.
0 Votes
Personal Finance

Post: Self directed 401 (K) vs Solo (K)

Timothy WallacePosted
  • Posts 3
  • Votes 2
Newbie here. My strategy is twofold: 1) Buy and hold using BRRRR method and 2) Private money lending. Which vehicle is better suited for this strategy, a Self-Directed 401(K) or a Solo(K)?
2 Votes