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4 Perks of Solo 401k for Business Owners and Freelancers

Solo 401k for business owners

“Save your money. You’re going to need twice as much money in your old age as you think.” — Michael Caine

If you’re self-employed and trying to boost your retirement savings, Solo 401(k) plans are a potential option.

Solo 401(k) plans are qualified retirement plans for self-employed…


Added by Dmitriy Fomichenko on April 26, 2017 at 6:28am — 2 Comments

Single Source/IMortgage fee drop

Ouch, they dropped fees for exterior BPO from $40 to $35.  I rarely accepted at $40 unless it was close by.  No way would I accept a BPO for $35.   This comes at a time when several others raised their fees.  One went from $50 to a varied fee depending on area to $55 to $65.  I do desktop BPOs for $40 - $50 without leaving the house!  One company went to $63 exterior and $95 for interior.  The BPO gets taken at $35 since it goes away.  Lots of hungry Realtors out their I guess.

Added by Ronald Sweeney on April 23, 2017 at 8:00am — 2 Comments

SmartVal Vendor

Does anyone know anything about SmartVal Vendor ? They are looking for Broker for BPO.

Added by DONALD C MILLER on March 23, 2017 at 11:17am — 7 Comments

Best IRA for Self Employed – Benefits of Roth IRA You Don’t Know

Best IRA for Self Employed Roth IRA is one of the well-known and oftentimes considered best IRA for self employed. If you are looking for reliable financial investment and retirement account, it is imperative to know more about this plan. Nowadays, you might find it more challenging to decide what retirement account to choose. There is a big difference as well as similarities…


Added by Dmitriy Fomichenko on March 21, 2017 at 7:58am — No Comments

Seller Must Dos --Before Listing

1. Clean, clean, clean. Be sure to clean every nook and cranny in the house.

2. Pay attention to smells. Sellers should not smoke in the House or exits during

the listing period. If pets are allowed in the home, refresh the home daily with

air freshener - like Glade.

3. Clear out the clutter in the closets, in the bookcases, on the tables, in walkways, on counters, or

laying on furniture. Your goal is to make the house neat and attractive.

4. Boost the curb appeal… Continue

Added by KAREN WATKINS on March 15, 2017 at 3:06pm — No Comments

What's the next big thing with BPO/ REO's industries ?

As an agent with 10 years experience with BPO/REO companies I'm finding the fees and commissions getting extremely low. Just last week I had several requests from companies I have worked with for years offering fees as low as $35.00. I did request fee changes for $45. to $50. which I still think is low. I did not get one order. I have a license, continuing education, MLS and board dues  not to mention things that go with being self employed. Office, gas, health care, paper computers and the…


Added by Craig A Haass on March 10, 2017 at 11:11am — 13 Comments

Metrics Help Us Understand Real Estate Market In Downtown San Jose


While it may seem as if it is hard to determine what is happening in the downtown San Jose condo real estate market, there are some majors metrics that are quantifiable that can help you see where the market is going. These markers include:


  1.      Sales to list price ratio
  2.      Days on Market
  3.      Months of…

Added by Marcy Moyer on February 8, 2017 at 9:58am — No Comments

Wells Fargo caught with hand in Cookie jar over charging for BPOS


  We all feel the pain as do appraisers, so if you did BPOs for Wells between 2005-2010 those BPO companies were cleaning up while we were getting peanuts. Take a minute to view these guys adding humor to current issues.…


Added by Paul Mausteller on January 27, 2017 at 8:37am — 13 Comments

Self-directed IRA: How to diversify and grow your retirement portfolio

Understanding Self-directed IRA

“The beauty of diversification is it's about as close as you can get to a free lunch in investing.” Barry Ritholtz

How do you feel about staking your entire future on the stock market? Risky, right! Who would do that? Surprisingly enough, a lot of investors are putting their money in the stock market directly or…


Added by Dmitriy Fomichenko on January 11, 2017 at 8:32am — No Comments

Selling A Palo Alto Home In Probate or Trust With or Without Tenants

Palo Alto Probate Home

This is a question I get asked all the time. When an owner has passed and has rental property should the heirs sell the Palo Alto probate or trust home with the tenants in place, or wait until the lease is up?


While most years I would say wait until the tenants are gone but with the uncertainty of how interest rates will affect prices and what will happen to a Palo Alto market that…


Added by Marcy Moyer on January 8, 2017 at 9:52am — No Comments

Buying A San Jose Condo That is in Litigation

Brickyard San Jose

Developers don’t build condos with the intention of sloppy work that they hope no one will notice. But never the less, they almost always get sued in about year 8-9.


In California, new construction comes with a 10 year warranty on latent defects on the structure. In plain terms home owners and homeowner associations have 10 years to sue a developer if they find problems with the structural components of a building such…


Added by Marcy Moyer on January 3, 2017 at 10:38am — No Comments

Why San Jose Condos Make Good Rental Properties

I am frequently asked by San Jose real estate investors, both veteran and new, what is best for…


Added by Marcy Moyer on December 31, 2016 at 1:13pm — No Comments

We're Having a HEATWAVE in Florida Right Now, 70 Percent Discount Now Available on our BPO Software


In Florida, We're Having a Heat Wave This Winter At The Beach!…


Added by Nicole Ocean on December 29, 2016 at 10:46am — No Comments

How Does Mountain View Just Cause Eviction Affect A Probate Sale?

On Nov. 8th Mountain Voters approved Measure V, commonly known as the Rent Control Measure. If you are the Administrator of a Mountain View Probate Estate that has rental property to sell this is a huge deal. You…


Added by Marcy Moyer on December 17, 2016 at 9:30am — No Comments

The Stock Market Surges to 20K And The Masses Applaud Their Own Doom

The Stock Market Surges to 20K And The Masses Applaud Their Own Doom

Make no mistake folks, the stock market surge is based on credit and at some point, that credit is going to default. The scary part is, we all know this, we all know our country is borrowing to pay debt, our citizens aren’t saving, it’s not a secret and yet, we are applauding this credit driven stock market boom, to our own demise.

I heard it once said…or read it somewhere which is more likely…, “we can’t…


Added by Jesus (Jesse) Gonzalez on December 14, 2016 at 1:15pm — 4 Comments

AutoFill 90% of Your Fannie Mae BPO, Equator BPO and MMR Orders

Special Video Announcement 12/14/2016





Added by Nicole Ocean on December 14, 2016 at 11:30am — No Comments

Solo 401(k): A Good Retirement Savings Option for the Self-Employed

Solo 401(k): A Good Retirement Savings Option for the Self-Employed

Among the available retirement options, Solo 401(k) plans are worth considering, due to their relatively high contribution limits, flexible investments and the ability to make after-tax Roth contributions.

Here are some reasons self-employed business owners should consider Solo 401(k) plans.

Higher limits

Because the self-employed professional wears the dual…


Added by Dmitriy Fomichenko on December 13, 2016 at 5:20am — 1 Comment

Goldman Sach

Over 2016, Goldman Sachs has become a major player in the default loan industry buying all the bundles of Fannie Mae loans throughout the year.  I have noticed that the properties are now starting to pop up in my area but the agents are from about a hour or more away.  So the question it does anyone know who to get into Goldman Sachs?

Added by Andrew Einsmann on December 9, 2016 at 11:24am — 1 Comment

Buying Probate Property Where Animals Graze Without A Lease

Anyone who has looked for acreage in places like Pescadero, Gilroy, or Morgan Hill has probably come across a situation where a neighbor or friend has horses or goats or cows who graze the…


Added by Marcy Moyer on December 7, 2016 at 2:16pm — No Comments

Infographics: Why Choosing a Roth Solo 401 k Plan Makes Sense?

“Compound interest is the 8th wonder of the world… Those who understand it earn it… Those who don’t pay it.” ~ Albert Einstein

Thanks to the efforts put in by financial gurus, a lot of people are aware of the concept of compound interest. For those of you a little dubious about the same, here’s a quick definition:

‘Compound interest is interest calculated on the initial principal and also on the accumulated interest…


Added by Dmitriy Fomichenko on November 29, 2016 at 7:40am — No Comments

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