The Checkbook IRA - Real Estate Investing Using Your Retirement Account

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

The Real Estate Guys

Robertkiyosaki, Realestateinvestors, Realestateguys, Realestateinvesting, Syndication, Investors, Richdad, Realestateguysradio, Business, Investing, Realestate

4.7 • 696 Ratings

🗓️ 13 June 2011

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Checkbook IRA allows you to act quickly when you see a great deal for a non-traditional investment like a foreclosure, short sale, fixer-upper or discount note. No more paperwork and waiting while your custodian reviews and approves your deal. Just write a check and get it done! With the stock market down (again), concerned investors are turning back to real estate - and are looking to their individual retirement accounts and rollover 401ks as a funding source. The Checkbook IRA takes a lot of the hassle out of the whole process. Listen in as The Real Estate Guys™ talk with attorney Mauricio Rauld about this exciting tool for real estate investing using your self-directed retirement account. The Real Estate Guys™ Radio Show provides real estate investing news, education, training and resources to helps real estate investors succeed. To learn more and subscribe to the free newsletter, visit www.realestateguysradio.com

Transcript

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0:00.0	Welcome to the Real Estate Guys Radio program. I'm your host, Robert Helms. One of the assets you may have to invest in real estate is your individual retirement accounts. Lots of new stuff going on in that world. We're going to talk about a particular wrinkle in the IRA investing that allows you to have more control than ever before. It's going to be a great show. We have attorney, Maurice Searle, with us. You're tuned to the Real Estate Guys Radio Network.
0:25.7	Hi, this is Bob Helms. They call me the godfather of real estate, mostly because I've been
0:31.3	investing longer than the average joke since 1957, to be exact. Back when I started out,
0:37.4	investing was pretty simple. Even so, I made more
0:40.7	than my fair share of mistakes, and I can't imagine getting into this game today without some help.
0:46.7	That's why I'm inviting you to check out the Real Estate Guys investor mentoring club. There are three
0:52.3	locations to choose from, Silicon Valley, Los Angeles,
0:56.5	and Dallas, Texas. To find out when and where, just send an email to Guys at Real Estate
1:02.4	Guys Radio.com or use the feedback page on the website at Real Estate Guys Radio.com. Tell them the
1:09.4	Godfather sent you. Welcome to the Real Estate Guys
1:15.7	Radio Program. I'm your host, Robert Helms. We've got a great show for you today. First,
1:20.2	let's meet our co-host, Financial Strategist, Russell, Greg. Hey, Robert. Hey, there. This is a topic that we
1:25.3	love to talk about. One of the lesser known tools that you may have
1:29.5	in your investor arsenal is the ability to use your IRA to invest in real estate. But having said
1:35.3	that, there's lots of rules you need to know about and logistics and so forth. But this is a way that
1:40.9	if you maybe don't have all the cash you need to invest in real estate,
1:48.9	you can consider using your retirement account or other retirement accounts.
1:53.6	Yeah, we've actually been talking about this for over 10 years now, which is hard to believe. And back when everybody had gobs of equity and loans were readily available,
1:57.7	you could do cash at refinances if you could fog a mirror.
2:06.0	Home equity, appreciation on investment property repositioned was a big source to go forward investment capital for people.
2:08.0	But three years ago, when the financial markets collapsed, that froze all that up.
2:13.3	And the lending conduits, the money getting from investors to the real estate borrowers, has
	...

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