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Updated almost 2 years ago on . Most recent reply

David Newfang's profile image
David Newfang's profile image
David Newfang
  • Member since Dec 16, 2022
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David Newfang's profile image
David Newfang's profile image
David Newfang
  • Member since Dec 16, 2022
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David Newfang
10
Votes |
22
Posts
Personal Finance

Self Directed IRA's and 401k's

David Newfang
Posted

Hello Everyone. I am a huge biggerpockets fan. I am hoping there is someone here that could recommend a self directed account. I have a traditional 401k that I want to move! 

Thanks in advance! 

David 

Lancaster, CA

  • David Newfang
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    Kristi K.'s profile image
    Kristi K.'s profile image
    Kristi K.
    • Rental Property Investor
    • from New Braunfels, TX
    • Member since Oct 1, 2022
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    Kristi K.'s profile image
    Kristi K.'s profile image
    Kristi K.
    • Rental Property Investor
    • from New Braunfels, TX
    • Member since Oct 1, 2022
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    Kristi K.
    • Rental Property Investor
    • New Braunfels, TX
    387
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    Kristi K.
    • Rental Property Investor
    • New Braunfels, TX
    Replied

    @David Newfang @Brian Eastman David, Brian nailed it as always. This is exactly what I meant when I said checkbook control. My LLC allows me to buy all of my rental properties without any interaction with my custodian except for year end reporting to the IRS. It has been life changing not having to rely on the stock market and control our own retirement.

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