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Last week on the podcast, we talked about the fundamentals of self-direction, and the power of having control over your retirement accounts. Now that you understand the basic mechanisms and benefits of a self-directed IRA, we’re going to discuss how to utilize your account in order to buy real estate!
On this episode of Investing in Real Estate, Natali and I are going to walk you through the step-by-step process you’ll need to implement in order to buy real estate within a self-directed IRA. You’ll learn about how to title your IRA, precautions you need to take, and the intricacies that apply to this specific retirement account. Don’t miss part 2 of our Self-Directed IRA Series!
On this episode you’ll learn:
The steps you need to take to purchase a rental property in a self-directed IRA.
How to turn your old IRA or 401k into a self-directed product.
Exactly how a self-directed IRA must be titled.
The importance of working with a custodian.
Why you must be careful about the money inside your IRA.
The importance of taking ownership of your real estate portfolio.
And much more!
EP370: IRA Real Estate Investing
EP202: How Your Kids Can Invest in Real Estate with an IRA
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If you’re ready to begin building a passive income through rental real estate, book a FREE call with our team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.