Buying real estate with your IRA is a great way to improve your retirement portfolio. Owning a few rental properties that are free and clear by the time you retire will ensure that your retirement funds never run out. If you worked for a company for several years and then left for another position elsewhere, and you have or had a 401k that you needed to move, then you have the funds available to begin investing in a Self Directed IRA. Instead of an IRA that causes you stress every month as you watch it go up and down with the market. I'd be happy to share with you how we are purchasing rental proprieties and plan for them to be paid off by the time we retire. Once we are retired, then 100% of the rent will go into our IRA each month. So even as we begin to draw money out, there will always be money going back into our retirement account from the rental properties that are owned free and clear, so we can enjoy our retirement without worrying if we will run out of money.
Its a great way to take control of your retirement account and make sure you are set up for a successful and relaxing retirement. If you would like to talk more about this, please give me a call. I would be happy to share with you the companies we use for our Self Directed IRA, the lender we have used for a couple of IRA loans and our good and bad experiences in doing this. Chris Russell RE/MAX Preferred Choice 602-499-1575.
Author:Chris Russell Phone: 602-499-1575 Dated: September 1st 2015 Views: 2,154 About Chris: ...
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The partners of Re/Max Preferred Choice specialize in both the purchase and sale of residential and commercial real estate, as well as providing property management services. We have been in business since 1996 and have a long history of providing exceptional customer service to our agents.
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Justin Schlegel is an awesome Realtor® and very knowledgeable in every area of this business! He knows the market and can make it happen. He gets back to you quick and negotiates very well to get you what you want. He has helped a lot of people in my family and I highly recommend using him if you want a smooth home buying adventure!
Dario & Dione in Avondale, on behalf of Justin Schlegel