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Have Any Of You Heard About "Safe Harbour" Rather Than IRA?

By
Real Estate Agent with ERA Realty Center

I now own 2 investment homes and 3 lots in my IRA.  Since losing nearly 3/4 of my stock investments, I wanted my money in real estate.  Homes typically don't disappear like my stock money did!  I thought I had chosen the best place for what's left of my meager retirement funds. 

Today I received an email from a very kind individual that was answering a recent blog of mine.  In the blog I had suggested that buyers might want to consider purchasing real estate with their IRAs.  Many investors I have met don't even know you can do that, so I wanted to throw that out while there is still a sea of opportunity for real estate purchases in this strong buyer's market. 

The kind person that answered my blog recommended that I check out an article by Andrew Waite of Personal Real Estate Investor.  After reading the article, I believe that "Safe Harbour" may be better than my IRA for investing in real estate.  I do remember hearing that term before.  The article suggested several companies to contact, but I would like to hear some first hand experiences first.  Will you help?

Would any of you be so kind as to help me with more information on Safe Harbour for real estate investing?  As real estate agents, we all have to make sure money is there for us when we retire.  I would appreciate it if anyone has any really great suggestions for me. 

I am well into my 60's and have another birthday this month!  I see that I am not getting any younger.  As my 4th grade teacher used to say, "Only the good die young, and I'm too old to die young anyway!"  Yes, and luckily, I'm still hear at this advanced age!  Therefore, I would really appreciate sound advice even though I may never retire anyway!  After all, I am in no rush.  My mom, who is 92 and very healthy, recently said that she couldn't figure out why she thought she wanted to retire in her 60's.   

Would you like more information on the great bargains, foreclosures and short sales available in Cedar City, Utah, homes for sale?  Also, we have a steady market here which means you can still get money with no and low downpayments.  Call Janet Naisbitt-Bagley at 435-865-1019 or 800-934-3742 for who to contact and how.  Then search the MLS on my website at www.homesincedarcity.com for foreclosures, short sales and all bargains.  We can help with every home no matter which office has the listing and can save you hours of time.  Please call the experts at Janet Naisbitt-Bagley's team for help with all your real estate needs.  There is a difference!

Would you like to become wealthy?  As I learned in recent training, many millionaires have been made by purchasing real estate during recessionary times.  I had an investor tell me he didn't have the money right now, but he thought now was the time to invest in real estate.  I thought of a place that many people have money but don't know that it may be able to be used to buy investment homes.  That's your IRA!  That's why I blogged about it.  Now I hear there may even be a better plan!  With the current huge inventory of attractive homes and low prices, I was thinking that this would be an ideal time to add to your investment portfolio with real estate purchases.  Don't you agree? 

Please call today 435-865-1019 or email Janet Naisbitt-Bagley at naisbitt@inxsnet.com for experienced help with all your real estate needs.