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Episodes
Monday Apr 12, 2021
Must Hear for SDIRA Investors with Josh Plave
Monday Apr 12, 2021
Monday Apr 12, 2021
Josh Plave is a multifamily syndicator who specializes in helping investors use their retirement funds to passively invest. Through his company, Wall to Main, Josh provides all the tips and tricks needed to invest quickly, safely, and inexpensively with an existing retirement account.
In this episode, we talk about investing in real estate with your SDIRA. We go over some of the important nuances and Unrelated Business Tax(UBIT).
[00:01 – 04:48] Opening Segment
- I talk briefly about great values that await you in this episode
- I welcome our guest, Josh Plave
- Josh talks about his background
- How he got started in investing
[04:49 – 14:03] SDIRA and UBIT
- Josh talks about UBIT
- Utilizing UBIT Calculator
- State-level UBIT
[14:04 – 18:50] Private Money Lending
- Josh’s private money lending experience
- Managing risks in private money lending
[18:51 – 25:55] Closing Segment
- Quick break for our sponsors
- What is the best investment you've ever made other than your education?
- Investing in a 568-unit property in Memphis, TN
- What is the worst investment you ever made?
- Investing in a certain stock in the Vape(electronic cigarette) industry
- What is the most important lesson that you've learned in business and investing?
- Focus on the one thing that you’re doing at a time
- Connect with our guest. See the links below.
Tweetable Quotes:
“Just like any aspect in real estate, it’s about building your team. If you come at things with a self-directed IRA and you don’t have the right pieces in place, you’re going to have to find out all the different details on the fly, and when they apply. So having that team in place, whatever you’re doing in real estate is key.” - Josh Plave
“Invest in what you think the future holds, where you think trends are going, what people are interested in.” - Josh Plave
“Do some more thorough due diligence into what you’re investing in, before you really, fully commit.” - Josh Plave
Resources:
Connect with Josh, visit https://www.walltomain.com/
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