![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/665166/small_1621495021-avatar-lawandac.jpg?twic=v1/output=image&v=2)
29 May 2017 | 8 replies
Time is our most precious commodity, and most (well over 50%) of the people we talk to are a waste of it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1061652/small_1696852792-avatar-jamesc480.jpg?twic=v1/output=image&v=2)
29 June 2018 | 22 replies
Thanks Account Closed, between paying off debt and trying to save for a venture into RE, it would likely be quite some time before I'd be in a position to allocate anything toward precious metals.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/130230/small_1621418305-avatar-peichi.jpg?twic=v1/output=image&v=2)
3 March 2017 | 52 replies
I am holding precious metals until it collapses then investing in real estate.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/157513/small_1621420068-avatar-dthompson1603.jpg?twic=v1/output=image&v=2)
26 September 2014 | 1 reply
@Precious Thompson I only include the fees that I, as the owner, will be carrying as operating expenses, when I do my analysis of a property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/27591/small_1693278372-avatar-brighterdays.jpg?twic=v1/output=image&v=2)
22 March 2013 | 47 replies
Some ideas in my head are - Clothing, Jewelry, Stationary, Organic Foods, Global ethnic products to sell locally, Outdoor Sports, Coffee shop, Yogurt or Ice Cream Shop.I was thinking I could visit some of the local colleges and just market that I have the space for the right person/ biz plan.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/866303/small_1621504675-avatar-muinda.jpg?twic=v1/output=image&v=2)
28 November 2017 | 48 replies
A listing at the right price for sale is a precious opportunity for all buyers.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1025961/small_1621507723-avatar-jasonr290.jpg?twic=v1/output=image&v=2)
24 July 2019 | 24 replies
@Jason RyersonFollowing 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; andBoth are prohibited from investing in assets listed under I.R.C. 408(m)The Self-Directed IRA and Solo 401k DifferencesIn order to open a solo 401k, self-employment, whether on a part-time or full-time basis, is required;To open a self-directed IRA, self-employment income is not required;In order to gain IRA checkbook control over the self-directed IRA funds, a limited liability company (IRA LLC) must be utilized;The solo 401k allows for checkbook control from the onset;The solo 401k allows for personal loan known as a solo 401k loan;It is prohibited to borrow from your IRA;The Solo 401k may be invested in life insurance;The self-directed IRA may not be invested in life insurance;The solo 401k allow for high contribution amounts (for 2018, the solo 401k contribution limit is $55,000, whereas the self-directed IRA contribution limit is $5,500);
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1513999/small_1621513104-avatar-anthonyc473.jpg?twic=v1/output=image&v=2)
19 September 2019 | 19 replies
Thank you in advance for your time (your most precious resource) and I look forward to becoming a contributing member of the BP community.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1065874/small_1621508335-avatar-fainab.jpg?twic=v1/output=image&v=2)
6 July 2018 | 27 replies
Be careful with those precious lives.
23 April 2020 | 7 replies
Most assets in self direction are hard assets-real estate, a note with real estate as collateral, ownership or interest in a private placement, physical precious metals, all of which are hard to dispose of by the Ira company and would raise flags fairly quickly.