When I got my first job, I was really excited by the idea that I was going to start investing money into my 401k and sit back and watch the money grow.
That was nearly 20 years ago and I’m sad to report that I only have roughly the amount of money that I put into the plan. The interest has yet to materialize.
I started my business about two years ago and about that time I learned of the self-directed IRA. A self-directed IRA allows you to invest in real estate whereas a traditional IRA only allow you to invest in stocks, bonds and mutual funds.
You can choose to move your retirement money over to a self-directed IRA custodian (I use Equity Trust) and have control over your money’s growth. The self-directed IRA works like a traditional IRA in that the money grows tax free.
The easiest way to use funds in your self-directed IRA is to invest with MHD Builds or another experience real estate investor! We offer guaranteed returns that are going to crush the returns that your traditional IRA or 401k are providing. Ready to take it another step forward and be more active? Purchase an investment property through your IRA. There are rules and requirements but it’s well worth the time and effort.
Here are a few good pieces to read if you’re considering a self directed IRA:
Short and simple information on self directed IRA investing can be found on this article; Advantages to Investing Your Self-Directed IRA in Real Estate
You can learn more at this Self Directed IRA FAQ page
The New York Times did this interesting piece regarding self directed IRAs; Tackling Real Estate in a Do-It-Yourself Approach to I.R.A.’s