If you’re ready to get in the driver’s seat of your retirement vehicle, a self-directed IRA is the most powerful tool for building wealth. A self-directed IRA allows you to choose your investment type, and in turn get more bang for your buck than you would with a traditional account.
On this episode of Investing in Real Estate, we’re diving deep into how self-directed IRAs work, and how you can determine if this account type is a fit for you. You’ll learn why these accounts are the financial industry’s best-kept secret, what you can do with a self-directed IRA, and how to get started if you want to take control of your financial future.
On this episode you’ll learn:
- What investment types you can purchase in a SDIRA.
- Why big banks don’t want you to know about self-directed accounts.
- How to invest in real estate with a SDIRA.
- And more!
What Investment Types You Can Purchase in a SDIRA
The self-directed IRA, instead, allows for a broad range of investment types. This includes residential real estate, commercial real estate, raw land, trust deeds, private notes, LLCs, annuities, stocks, bonds, and more!
Why Big Banks Don’t Want You to Know About Self-Directed Accounts
Don’t count on your broker to tell you about self-direction. So what will they say when you ask? Most brokers serve up the same self-serving or unintelligent response that self-direction is too complicated, or not worth the hassle. Why? They make money on your traditional accounts, but with self-direction you make the profits.
How to Invest in Real Estate with a SDIRA
If you want to buy real estate in a self-directed IRA, I suggest working with a full-service company like Morris Invest. This will allow for the option of real estate while avoiding any prohibited transactions. You would still have the support of experts and our team to help oversee your investments. If done right it can be as easy as owning a stock or a bond with all the benefits of real estate. Book a call with our team to learn more!
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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