SECURE YOUR FUTURE: INVESTING IN REAL ESTATE THROUGH SELFDIRECTED IRAS KAAREN HALL
When you think about building a retirement for yourself consider the SelfDirected IRA.
When it comes to investing in Real Estate, the SelfDirected IRA allows many ways to do this:
• Residential real estate, including: apartments, single family homes, and duplexes
• Commercial real estate
• Undeveloped or raw land
• REITs( Real Estate Investment Trusts)
• Real estate notes( mortgages and deeds of trusts)
• Promissory notes
• Private limited partnerships, limited liability companies, and C corporations
• Tax lien certificates
Take Joe for example. Joe retired from his employer at the age of 50. It was a forced retirement because the company was restructuring. He spent 20 years at his previous employer putting aside 15 % of his annual earnings. Now that he was“ retired” Joe decided to become a real estate agent.
He noticed his own IRA was losing money and putting this money into a selfdirected IRA was something that made sense to him. Joe says,“ It gave a monthly boost to my IRA account through the rent money. Plus it gave me equity growth. As a selfemployed person, it has given me a small glimpse of security into my retirement age. Whenever that will be.”
Right now and for the next decade tenthousand baby boomers will reach age 65 every day! The average account value for Americans 55 to 64 years old is $ 103,000. You have to ask yourself is that is going to be enough to sustain you through your retirement years?