
30 April 2019 | 9 replies
The first hurdle is how may sponsors/syndicators have actually executed on a sizeable deal like the one they are selling.

30 April 2019 | 4 replies
Also, your meetup cannot be called a BP Meetup or a BiggerPockets meetup - that implies that BiggerPockets sponsors or endorses it, and lawyers, legal terms, lawsuits, yada yada...

17 January 2016 | 7 replies
@Chad BaileyThe following IRS document sheds more information on the ROBS 401k program. https://www.irs.gov/pub/irs-tege/robs_guidelines.pdfAlso, here is how the ROBS 401k program works in a nutshell.A new C-corporation is established.Corporation sponsors a new 401k/PSP.The IRA funds are transferred to a new brokerage account opened for the 401k/PSP.The new real-estate corporation issues stock shares to the 401k/PSP for the benefit of the participant.The 401k participant must be an employee of the corporation and he or she may take a reasonable salary.The corporation owner's family members may be employees of the franchise business and receive reasonable compensation for their services.To the extent that the corporation generates profits and elects to distribute those profits to the owners of the business, the percentage of the profits associated with the shares held in the 401k/PSP will flow back to the 401k/PSP brokerage account.
23 November 2015 | 12 replies
Here is how the ROBS 401k business funding arrangement works:A new C-corporation is established.Corporation sponsors a new 401k/PSP.The IRA funds are transferred to a new brokerage account opened for the 401k/PSP.The new real-estate operating company corporation issues stock shares to the 401k/PSP.The real-estate operating company must be an employee of the business and he or she may take a reasonable salary.The business owner's family members may be employees of the business and receive reasonable compensation for their services.To the extent that the corporation generates profits and elects to distribute those profits to the owners of the business, the percentage of the profits associated with the shares held in the 401k/PSP will flow back to the 401k/PSP brokerage account.

22 November 2015 | 4 replies
So, to be clear, I can get sponsored with a local broker to hang my license and pay dues for the MLS access but don't need to necessarily work for the broker?

23 November 2015 | 8 replies
If you don't mind me asking, have you met any investors that are willing to mentor you in the right direction or even sponsor any of your deals in this association?

22 November 2015 | 4 replies
Then they added a message from our sponsor at the beginning I believe awhile back.So now Daren you are saying they take breaks every so many minutes like a radio show and have commercials??

27 March 2016 | 53 replies
Many sponsors of weekend events will make frequent attempts to sell you programs and coaching.

20 April 2016 | 13 replies
They should ask you to sign a form titled "Information About Brokerage Services" which describe the responsibility of the brokerage and their sponsored sales agent.

1 December 2015 | 15 replies
If they truly do a lot of investor deals, they probably wouldn't mind sending you a couple of reference contracts just to sponsor good will.