Investing Using Your Retirement Accounts | PREI 011

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Education, Business, Investing, Entrepreneurship, How To, Business:investing

4.6 • 968 Ratings

🗓️ 11 August 2015

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

Since the early 2000′s, the number of self-directed IRAs has more than doubled! These plans give individuals the ability to invest into assets that they understand and can control such as real estate. Investors who have knowledge and expertise in a particular investment can purchase them in a tax-free or tax-deferred environment The and Checkbook IRA and Solo 401k are viable solutions that allow you to investment in virtually any asset including real estate, provide you with “Checkbook Control” over your retirement account, and minimize or eliminate custodian fees. In this episode we talk to Dmitriy Fomichenko the founder and president of Sense Financial Services LLC, a boutique financial firm specializing in self-directed retirement accounts with checkbook control. We also take a look at another available turnkey investment property in our Deal of the Day segment. – – – – – – – – – – – – – – Download your FREE copy of: The Ultimate Guide to Passive Real Estate Investing. Get your FREE coffee mug by leaving us a Rating and Review on iTunes. Here’s how. See our available Turnkey Cash-Flow Rental Properties. Please give us a RATING & REVIEW (Thank you!) SUBSCRIBE on iTunes | Stitcher | Podcast Feed Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to passive real estate investing, the show where busy people like you
0:05.0	learn how to build substantial passive income while creating wealth for the long term.
0:09.0	And now here's your host, Marco Santorelli.
0:12.0	Welcome to passive real estate investing. Now here's your host Marco Santorelli.
0:12.8	Welcome to Passive Real Estate Investing.
0:14.9	I'm your host, Marco Santorelli,
0:17.1	and this is the show where busy people learn
0:19.3	how to build substantial passive income.
0:21.5	Today's show is about self-directed IRAs and solo 401k's. What is that? Well,
0:26.9	these are retirement accounts and a lot of people don't realize what they can and can't do with retirement accounts.
0:33.2	Most people use these accounts to sock away some savings and then invest in mutual funds or the stock market,
0:39.0	which I don't personally think is a great investment.
0:42.0	But a lot of people don't realize that you can turn those retirement accounts
0:45.9	into self-directed retirement accounts,
0:48.0	where you can actually invest in whatever asset class you want.
0:51.9	There's very few restrictions, but the great thing about it is you can
0:54.9	invest in passive investments, passive income investments like notes and income producing
1:00.0	real estate. And you can do this quite easily and you can have complete control over it.
1:05.0	And you know I'm big on control. It's my ninth rule of successful real estate investing.
1:10.0	So when you have the control to invest and direct the funds within your retirement account into assets that you have complete control over as well because they're hard assets, then you have an amazing combination and a powerful combination and the contribution limits on some of these retirement accounts are actually quite impressive and a lot of people don't even realize that they can do a lot more with their retirement account than what they are told they can do by their financial planners or stock advisors or custodians because they really don't know about it or they don't want you investing in other assets.
1:47.0	So today we have a great guest who is someone I've known for many years and he specializes in working with investors who want to use
1:56.5	their retirement accounts to invest in real estate related assets. We'll get right to that interview in 30 seconds.
	...

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