Self Directed IRA may be a good idea for real estate investing.
What exactly is it?
It is an IRA LLC which you have more control over. You will not be turning over your IRA to a mutual fund or some stock market investments which could go south real fast these days.
You can invest in real estate and tax liens, among other things. The tax liens really surprised me.
I find tax lien investments fascinating, and I’m enticed.
But as with any investing, we need to do our due diligence. We need lots of info and we need to make sure we get it from reliable sources.
More about Self Directed IRA’s
I like the idea of having more control over my IRA and it makes me sick that my IRA has not grown as fast as I think it should have.
Then again, if we have any money left in our retirement accounts, that’s a good thing, right?
But I’m taking more of a hands on approach to my investments. Why should I listen to some of those crazy people on Wall Street anyway? Besides, I’d rather put my money in real estate now.
How about you?