The topic of budgeting for property management comes up a lot during the podcast and I was wondering if you're actually supposed to set that money aside every month even when you're not employing a property manager.

I also set key word alerts for topics that interest me such as various strategies (examples are: wholesaling, flipping, probates, pre-foreclosures, bank owned or REO property, buy and hold rentals), or methods of financing (such as: seller carry or owner financing, lease option, LOC, VA loans, FHA, etc.). 

@Jaren Woeppel - You also didn't mention if the 401k is with a current or former employer.

You may just study their methods or you might get to be friends with them and actually discuss deals.  

Hello,Interested in advice preferred method to conduct title search and obtain O&E report.Is there a title company you prefer to use, or do you complete the due diligence yourself downtown?

My question is: am I able to use my income from my employer to make contributions to a self directed 401k plan that is set up by my side business?

@Colin Reid If he does it on his own, then you better make sure he has his own workman's comp and is insured because he wont be covered by his employers insurance if he does the work outside of that employer.

What other methods/options do you propose to purchase and rehab?

Your CPA will likely point out that self employment taxes will be due on the earned income.

There are other differences of course  reporting, resale times State Approvals, SEC pre approvals, Suitability Standards, and advertising methods.