Most of you that read my blog every week know about Self-Directed IRAs. But for those of you that are sneaking a peek at this blog for the first time…why haven’t you heard about Self-Directed IRAs this in the past? It’s a very simple reason. Because most retirement accounts are held with banks and brokerage firms who limit you to buying and investing in those products that they sell. They’re not going to tell you that you can invest in real estate or that you can invest in private loans through your IRA account because it doesn’t serve their purposes for having you invest with them.
Tradional Institutions Have Major FEAR
They have major FEAR that if you find out like all of my Money Partners and others that I educate have…that you can invest in alternative assets, you’re going to take your money and leave that institution and go find a Self-Directed IRA administrator to put those investment dollars to work.
The reason why people don’t know about it is because it certainly isn’t going to be advertised by their bank or current brokerage firm. It takes initiative, which my Money Partners have already done to learn about Self-Directed IRAs.
The IRS rules allows for a very broad range of investments and because the Self-Directed IRA administration companies that we work with (see the links section of this blog) don’t sell products they will hold anything that is allowable under the IRS guidelines. There are so many things you can invest in with a Self-Directed IRA and one of the many is Private Money Lending (notes) and having your Self-Directed IRA act as a BANK. Once a potential Private Money Partner sits down with me and I explain this concept and the “light bulb” comes on, it is very enticing which is the reason why so many people who are looking for a secure place to put and grow their money are attracted to me.
************************* 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.
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).