Good morning active rainers,
I still get the question "how can I take advantage of the real estate opportunities with my retirement funds?" And or "is this a good time to invest in real estate." Well I am going to make a public post on my opinion, and again this is only my opinion. YES you can invest your retirement funds in real estate, but there are rules. And to the second question is it a good time to invest in real estate, Um let me think about that, YES again. There are tons of opportunities out there but you do need a professional to help you with the buying process, the due diligence, and is it real a good opportunity. The bottom line is if you have CASH, well CASH talks. The interesting thing I am seeing is that buyers are taking there time, making sure this is a good opportunity and professionals are understanding there jobs of really helping clients, people can tell if your just into it for the commission check. These are undoubtly interesting times, but the thing I always stand behing is true diversification, why not have some real estate in your portfolio? Is is a good time to invest in stocks, bonds, and mutual funds? I don't know I get a headache watching the market and I leave that to my Edward Jones guy, thats what he likes to do. But again I do believe in true diversification and I actually practice what I believe. There is alot of good information out there it just comes down to educating yourself and then moving on what is right for you. Below is some good sites to get some information. Have fun, be smart, and get educated.
www.realestateinvestmentfirm.com
BOOKS
Retire Rich with your self directed IRA by Nora Peterson
IRA Wealth by Patrick Rice
and one of my personal favorite
Dave Ramsey
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