Micah Cook
What should I be looking for?
22 March 2016 | 19 replies
They would have you invest your own precious time and efforts into your deals rather than hiring it done.Probably the most important lesson you can learn at this age in your life is this: you'll never "save" your way to wealth, you MUST generate both profit and income.
Precious Thompson
Careers in Real Estate
27 October 2013 | 6 replies
@Precious Thompson First off, welcome to BP.
Jason Fay
Caps
5 April 2015 | 4 replies
The whole point of making the money is because it gives us the time in life for the precious things that money won't buy.
Jeff M.
Before You DIY, Calculate This...
7 July 2011 | 14 replies
Aside from being the most precious, non-renewable resource, time is our universal currency.
Steve S.
How can I use my 401k to buy rental properties?
28 January 2017 | 20 replies
On the other hand, if it is a former employer plan, you can open a self-directed solo 401k if you are self-employed, or a self-directed IRA and then transfer the 401k to one of these vehicles which can then be invested in real estate.Following are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions;Both are prohibited from investing in assets listed under I.R.C. 408(m); andNeither may be invested in your own business.
Tony Choe
Investing in rental properties across country, good or bad idea?
28 April 2017 | 30 replies
It just takes one bad tenant or property manager to wipe out your precious investment.
Chris Elliott
Should I start a Self-Directed IRA?
22 September 2015 | 7 replies
Chris, with self-directed Solo 401k plan you have virtually limitless investment opportunities, from real estate investing, to being private lender, investing in tax-liens, precious metals, and much much more.
Tom Adent
New from Daphne, AL
4 June 2013 | 5 replies
I had a passion for investing which led me to starting my own commodities fund (grains, energy, precious metals).
Thomas Saunders
Fresh from Ecuador: New Investor and Developer
3 February 2020 | 17 replies
I've definitely done some interesting reading in the forums since I found the site last night.Ahhhh, the deep learning and perspective that comes from precious real life experience!