@Precious Thompson I have lowered my rent in the past.

I look forward to communicating with the BP community, contributing to the site, and learning from the community's precious experience.Best,Behrooz

Thank you for the precious advise. 

I almost died in an accident so I am well aware of how precious life is.

Therefore, you can invest in alternative investments such as real estate, precious metals, notes, tax lines, and also stocks and mutual funds under the same brokerage account. 

With self-directed IRA or 401k, you have the freedom in invest as you wish (virtually anything, including real estate, precious metals, tax-liens, private business, mortgage notes, etc. the list is endless).Hope this helps.

Unfortunately, the man who turned my eyes to this business and was beginning to guide me recently passed away, and I am at a loss for where to turn next.I am interested in finding a good REI group in the greater Washington DC area; one that requires little or no cost to attend the first few meetings/get-togethers.And even more than this, I am seeking a benevolent knowledge-giver who is willing to impart their precious experiences to me; in exchange I will do whatever I can to be half as useful to them as learning from them would be to me.

Other passions of mine include precious metal investing, practicing Mixed Martial Arts, working with various charities, and anything that puts me on or near the water :)My goals and reasons for joining: I am the first to admit I know very little about land investing.

That is a responsibility that not may investors are looking for, because time is a precious commodity.

To learn more about UDFI, see the following. https://www.irs.gov/irm/part7/irm_07-027-008.htmlFollowing are the similarities and differences between the solo 401k and the self-directed IRA.The Self-Directed IRA and Solo 401k SimilaritiesBoth 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.