Admin

My business is exploding! Here is the secret... Self Directed Retirement Plans

By
Real Estate Agent with Firebird Realty

The market is in turmoil, people have watched their 401ks turn into 201ks and they are on the way to being 101ks.  People are afraid of where capital gains taxes will be in the near future, and how they can continue to prosper.  The market is shaky at best and I am having the best year of my life in the real estate market. 

960 KKNTEvery Saturday morning here in Phoenix, I host a talk radio show on 960am KKNT at 9am on Real Estate Investing.  About six months ago I discovered something that change my career.  Self Directed Retirement Plans!  My clients are taking their money out of the stock market and buying investment properties at rock bottom prices and seeing amazing cash flow. 

There are a few companies out there doing self directed retirement plans but they charge thousands in fees every year.  I found someone who only charges a one time fee to set up a Self Directed Retirement Plan for our clients. Now they can grow their retirement accounts using real estate and they can even buy and sell without paying capital gains taxes.  There are lenders out there that even lend to self directed retirement plans so tehy can leverage their moeny if they want to. 

Self Directed Retirement Plans

I have a few clients that are buying 40+ properties with their retirement accounts.  That is 40 transactions I wouldn't have had if I didn't ask them about retirement investing.  And best of all it snowballs, I helped one client and he sent me two referrals that couldn't belive what I was showing them.  They had used the same agent for years, and I got tehir business because of what I coudl show them. 

Send me an email and I will tell you more about how it works and how I truley have changed my real estate career after offering this to my clients.  Best of all this isn't some program that you have to buy or training you have to attend, its simply knowledge! 

Why do I share it?  Because I hope when you have a referral in Arizona you think of the agent with the radio show!

Links: Listen Live to the Radio Show on Saturday Mornings at 9am PST

 The website that has it all when it comes to Self Directed Retirement Plans

Show All Comments Sort:
Katharine Carey
eXp Realty - Bellingham, WA

My father was talking to me earlier this year about this, I need to have another conversation. 

Apr 14, 2009 11:21 AM
John Mulkey
TheHousingGuru.com - Waleska, GA
Housing Guru

Dane, I did a post on the concept several weeks ago and think it offers s great opportunity for those with significant money in IRAs.  The only catch is the difference in tax liability in an IRA vs normal capital gains.  But the upside potential should make it worthwhile even with higher taxes.

Apr 14, 2009 11:39 AM
Roy Kelley
Retired - Gaithersburg, MD

Our RE/MAX office reviewed this subject at this morning's sales meeting and has a training session in a few days to teach the agents how to market to investors using self directed plans as the tool.

Apr 14, 2009 11:39 AM