All Forum Posts by: Brian Joseph

Hi Charles, Depending on what you need done, I may be able to recommend someone. I am an agent here in Salem and have worked with a few good ones. 

It would be a 50/50 deal with a partner and I would provide 50% of the down payment using my self-directed 401k. My partner would be getting the loan in their name.

I started a deposit only bank account for my tenant to deposit rent payments into. As soon and the rent is deposited, I transfer it to my standard rental account. The only downside is, If rent is due on a day the bank isn't open, then I have to consider it on time on the next business day. The bank designates the account as Deposit only and will not allow any withdraws. Only online transfers by me. It's been working well so far. 

Hi All, I need some advice on self-directing ira to put the money into a deal. I Have a duplex deal I'm about to write up and I need to roll my 401k into something I can use for the downpayment. What direction should I go? Self-directed ira? Solo 401k? And what custodial companies have you used? How fast can this be done? I'm going to try to tie up the duplex this weekend before it hits market so I'm hoping the roll over can be done quickly. Thanks for your input!!

Really appreciate your feedback! This is all great stuff to know. I am definitely an investment minded person and I do own one rental property so far. If I can help any bp folks out there please message me. I know the Salem and surrounding areas well.   Cheers!

Hello BP RE Investors,

What is the one thing you look for (And is hard to find) in an agent to help you reach your RE goals? What are some of the problems you've run into that turns you away from an agent?  

Cheers!

Brian

Thanks @Travis Konermann I'll look into eXp.

Has anyone worked for Home Smart? I am curious to hear your opinions. 

Thanks

Great info. Thanks everyone! Have a couple meetings set up. we'll see how it goes

Hi All, I am taking the Oregon state exam next week! Been doing some research on brokerages to hang my license. Does anyone have recommendations of a great brokerage to join in the Salem Oregon area? I am a highly motivated guy and I'd like to be around like-minded high producers. Thanks!