Tonight my dear friend Bea Goodwin, of Source Las Vegas, gave us a glimpse of self-directed IRAs and 401ks. It's a way to control your retirement investments yourself. The plan is to sign up with Bea, take some money out of the IRA, and put it into real estate investment property.
Since real estate prices are down, it seems like a great time to follow up with Bea and do this. Rents are still high relative to purchase price, so there's an opportunity to get a good return on investment without worrying about taxes.
Some investors are paying cash with after-tax dollars. How about paying cash for your properties with BEFORE tax dollars? No need to pay for expensive loans; just "borrow" the money from yourself!
Anyone wanting more info can contact me, or can check out Bea's website, which is sourcelv.com. She is a lovely lady and one of the most professional, ethical, honest people that I know. She has other products which are quite interesting, and will be the subject of a future blog once I get more info.
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