@Roseann Koefoed,As long as you have legitimate self-employment or an active business, you will be able to establish a self-directed Solo 401k plan.

To begin, it is important to educate yourself on various strategies, establish a strong network, set clear goals, conduct thorough market research, start with small investments, and create a financial plan.

Hey @Amir J Reichental, There are small pros and cons to this: Home Address:Pros:Privacy: Providing your home address keeps your personal information private, as it's not tied directly to your business.Convenience: If you're already receiving mail and other communications at your home address, it may be more convenient to keep everything in one place.Cons:Risk: Using your home address exposes it to potential risks associated with the property owned by the LLC, such as lawsuits or creditors targeting your personal assets.Tax Implications: Depending on your jurisdiction, using your home address could have tax implications, especially if you're claiming any tax benefits or deductions related to the property.LLC Address:Pros:Asset Protection: Using your LLC address helps separate your personal assets from your business assets, providing an extra layer of liability protection.Business Image: Using the LLC address for business-related documents can help establish credibility and professionalism for your company.Cons:Public Record: LLC addresses are often part of public records, which means they may be more accessible to anyone who wants to find information about your business.Mail Handling: If you don't have a physical presence at the LLC address, you'll need to ensure mail forwarding or a reliable method of receiving important documents.Ultimately, the decision depends on your specific circumstances and priorities.

It is a growing area and theres more expansion going towards the island and Brownsville since the establishment of space x.

They have a great established cash flow, thanks to the city’s rental needs and can go after flipping the houses with the best profit margin.

Way too much gambling/luck aspect to it and even when you win for the year the tax rate is awful compared to long term gains. 

As mentioned being my first property, we’d use it as our primary for the 1st year to get going, and also while establishing in the area.

As this will be my first loan, I'm looking to work with an established hard money company who can do the underwriting, servicing, etc.

Establishing an LLC for your real estate holdings can offer several benefits, especially when multiple individuals are involved in property ownership.

So I'm curious from others if the paid mentorship programs have provided a quick-start way to their first 2-3 deals which then helps get you a track record and establish a team.