I moved mine to a self-directed IRA, so no penalty to invest in whatever I choose.

How are you positioning your self defensively? 

Then I had someone tell me that wholesaling may be the most conservative option for me being that I have a wife and 4 kids and can't really afford a lot of risk without sufficient cash saved up.

The rest of my income (about 45k adjusted gross) comes from self employment.

I have the property and the property pays for its self, I need to consider way to improve real estate.

Is there anyone in the San Diego area that is/or can recommend a custodian for self-direct plans?

Hi all,I'm just starting my real estate investor journey. I have a property I'm my crosshairs, but before I pull the trigger I'd like to get some community feedback on the best entity to purchase under for tax benefit...

I will be self managing, but have added in 10% for property management fees just in case I decide not to.

A lot of forum members are experts in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, buy and hold investing, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.There are some pretty nice discounts on many products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, the Bigger Pockets blog features links to their fantastic podcast and many great articles: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.

I did the self-paced online course which entailed picking up the class books (or you can download & print, but they are quite large), self-study and completing the class exams online.