One of the last remaining nuggets created by our government is the IRA. Uncle Sam created the IRA so we could grow our investments tax-free or tax-deferred compounded over time to maximize growth.
All of you out there who have been following me over the years know that I always press others especially my Private Money Partners to get a Self-Directed IRA. A Self–Directed IRA is unique due to the available investment options and because it puts the IRA owner in control.
Like any other IRA, a Self-Directed IRA is a tax-advantaged retirement account investors can use to build wealth for retirement. Self-directed IRAs are unique because they offer the freedom and flexibility to invest in a wider range of assets beyond traditional investment options like stocks, bonds, mutual funds and my area of expertise…REAL ESTATE.
Me and my Money Partners take full advantage of Self-Directed IRAs; they allow us to rehab blighted neighborhoods and provide affordable housing to families and individuals.
********************************* If you are reading my blog for the first time, let me inform you that… My company buys single-family houses and I write this blog weekly which is primarily directed to educate 1 group of individuals:
Individuals who are losing their shirt as a result of the “roller coaster” volatility of the stock market and low paying rate of other traditional investments, i.e. people that are looking for an opportunity that’ll provide a secured place to put their money to get it working for them to earn better than average returns.
However, often times, homeowners that need to sell their house, stop by to take a peek because they are curious and wondering how and/or where we get the funding to purchase houses. And if they stick around long enough, they begin to understand why individuals partner with us to provide the funding which empowers us to be able to purchase real estate on a continual basis. Simple, it’s because we teach them a secured way to earn better rates of return than they are currently earning.
So everybody wins. It’s a WIN-WIN-WIN !!!
Request your FREE Education Kit if you are interested in learning how passively investing in real estate may help place you in a better financial position.
Disclaimer: This site is intended for educational purposes only. I am not an accountant, attorney or licensed financial planner. While the information I’m writing here is based on many years of experience buying houses that doesn’t really constitute professional advice (since everyone’s experiences and situations are different).