They tent to limit your investment choices to conventional investments such as stocks and mutual funds.To set up a self-directed Solo 401k you need a specialty provider firm, there are several of us who actively participate on this forum and can help you.

Hi are there any active wholesalers doing business in new york city ???

Hi are there any active wholesalers doing business in new york city ???

:)I am from scorching AZ and thought I would introduce myself.Below is my profile "about me".In 2018, the light bulb went off for me.Many of you know this feeling.I have committed my life to personal development and attaining financial freedom, using real estate as that vehicle.Currently, I am a physical therapy student.I am working on the skills of attaining money, keeping money, and using money.My 5 year plan is to save what I can as a broke student, eventually completing my savings as a graduate and new physical therapist.Over my next 5 years of saving, my goal is to read over 150 books and learn everything I can about real estate and business topics.I believe this knowledge and quest to build relationships with local investors will allow me to hit the ground running once my savings and career goals catch up.I lover BiggerPockets, and I am excited to be active in the community.I am a newbie, but I will not be a newbie that posts one time and disappears forever.Say Hi!

Thanks Jim, actively reading these type of books now, also checking on property mgmt companies as well.

In the most simple situation, at the end, all the activities are netted to determine your net loss or income so it’s not that important how you allocate. 

Currently I am an active real estate investor and developer (single family and large scale senior housing) but I am looking to get involved in mobile home parks. 

No criminal record. 

Search “crash” or “bubble” and you will find oodles of threads.But to answer your question my thought is to not wait to get active, but invest using a strategy that will work in any market.

The main thing of course is to be aware of and follow all the additional tenant protection ordinances that seattle has which go a lot further than WA state landlord tenant law does.Seattle has a just cause eviction law ,    additional categories of 'protected class' that you cannot discriminate against,  there are rules around what you can and cannot consider when doing screenings  (you cannot consider most criminal history for example),   and there are rules forcing you for example to accept a six month interest free payment plan for deposit and last months rent if the applicant requests it.