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Create Your Own Personal Bank to Fund All Your Real Estate Investments

10 Advantages of Self-Directed IRA’s in Real Estate Investing

Did you know the US Social Security Administration defines financial security as those people who have $3,000 per month of recurring income at the age of 65? Unfortunately, only approximately 5% of Americans achieve this and are able to retire at the age of 65. We have been led to believe that investing in things like the stock market and bonds will help us achieve a good RIO, but we also know that isn’t really the case. The stock market has averaged only an 8% return and is barely keeping up with inflation.

Earlier this week, we discussed 15 Powerful Ways to Invest in Real Estate with Your Self-Directed IRA. The great thing about a Self-Directed IRA is that it can benefit you as an investor AND as a borrower to fund your real estate investments.

I also mentioned last week the iPlan Group, who are a Self-Directed IRA administrator. The CEO of iPlan Group is a real estate investor herself. The profits in the Self-Directed IRA are either tax deferred or tax free. It gives the account owner full control over account management and investment selection.

Having a Self-Directed IRA has 10 core advantages, which I’ll review with you now:

  1. Allows you to rapidly compound your ROI
  2. Asset protection
  3. Allows you to build wealth for future generations
  4. Investment diversification
  5. You can invest in what you know
  6. There are seven different account types that can be Self-Directed
  7. Almost anybody can have a Self-Direct IRA
  8. You can invest using a small balance
  9. Millions of dollars available to fund your investments

It’s all a matter of becoming an expert at Self-Directing investing so when someone has a retirement account and wants to get involved in a different type of investment they think of you to work with. Trust me, there aren’t many people that I meet that tell me “I’d rather be investing in the stock market” when they know they can Self-Direct and get larger returns on more private offerings.

To listen to and download the full episode of Strategic Real Estate Investing Radio, click here.

To review our post about 15 Powerful Ways to Invest in Real Estate with Your Self-Directed IRA, click here.

Homestead Road Case Study

Now let’s take a walk through a home we flipped and sold on Homestead Rd. out in rural Ohio. It’s a perfectly example of everything we’ve been talking about regarding Self-Directed IRA’s. We purchased the house for $41,500 and needed approximately $38,500 in repairs. We financed this house by a private lender who had his money already sitting at Equity Trust, which is a Self-Directed IRA company. Between his first mortgage from his traditional IRA and his second home mortgage from his Roth IRA, we had about $79,000 of funding.

Our investor was able to make a tax free investment out of his IRA and we were able to buy the property using none of our own cash or credit. Since we bought the property for $41,500 and received $79,000 in funding, we were able to get an extra $39,000 at closing to use for rehab.

The property sold within 3 weeks – we asked for $139,000 originally and secured a buyer who paid $124,000 meaning we received $34,000 in profit with zero dollars of our own invested in the property and we never swung a hammer!

Watch the full video and tour of the house here and learn more about traditional vs. creative real estate investing:

Create Your Own Personal Bank

Lastly, I would like to offer a special invitation for you to join me and Matt Tillack of the iPlan Group (America’s #1 Self Directed IRA Custodian) for the Self Directed "Personal Bank" master class. All this talk of Self-Directed IRA’s has got to have you interested, so follow this link to register for the class now.

We will tell you exactly how you and your investors can easily avoid the unpredictability of the stock market with private deals. Most of these profits are tax-deferred or even completely tax-free – trust me, this is one you DON’T want to miss.

I hope you to catch you online later.

And as always, please leave me feedback on any of our social media pages on these classes, our e-books and any other content we produce!

Be Daring,

Josh

CEO Strategic Real Estate Coach

CEO Freeland Ventures and Freeland Lending

CEO Yellow Jacket Properties

Become a “SREC TV” You Tube subscriber here and learn free video lessons on real estate investing

Become a Strategic Real Estate Investing Radio Podcast Subscriber Here and learn free audio lessons on real estate investing

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10 Advantages of Self Directed IRA's in Real Estate Investing

In this week's episode of Strategic Real Estate Investing Radio, Josh Cantwell covers 10 Advantages of Self-Directed IRA Real Estate Investing.

He will cover the basics from what exactly is a Self-Directed IRA and how it can benefit you as an investor or as someone who borrows from a Self-Directed IRA.

P.S. After you tune in to this free podcast, I'd really appreciate it if you could leave me a review. It'll only take you a second... and keeps me motivated to deliver the best free content I can.

Here's how you do it...

1. Open iTunes

2. Find Real Estate Investing Made Easy by SREC

3. Click the "Ratings and Reviews" tab and click "Write a Review"

 

Looking for a Big ROI with Lower Risk? This is the Answer

 

15 Powerful Ways to Invest in Real Estate With Your Self-Directed IRA

Let’s talk about Self-Directed IRA’s (Individual Retirement Account) for a moment. When you think about IRA’s and investing, the first things that probably come to mind are stocks, bonds, mutual funds and CD’s. Did you know there are other more creative, one-off investments that many times produce better results with lower risk than the stock market?

Any different type of IRA can be self-directed. We work closely with the iPlan Group based out of Westlake, OH who help people administer their retirement accounts so they are SEC compliant. Let’s take a look at 15 different ways to invest that I came up with using your Self-Directed IRA:

  1. Residential Rental Property
  2. Multifamily Rental Property
  3. Commercial Property
  4. Real Estate Development
  5. Undeveloped Land
  6. Developed Land
  7. Foreclosures
  8. Mobile Homes
  9. Rehabs & Flips
  10. Storage Units
  11. Farm Land
  12. Foreign Real Estate
  13. Joint Ventures
  14. Crowd Funding
  15. Private Equity & Hedge Funds

You can do practically anything you want when it comes to real estate with an IRA. The properties are titled to your IRA and you buy it and fix it within your IRA and all the profit goes back into your IRA. Here at Strategic Real Estate Coach, we mostly buy up distressed properties to rehab and sell for profit. We teach the exact model of this through our 40K Flips program.

If you invest $80k in a property and sell it for $40k, all the profit of that $40k goes into your IRA and you’ve made a 50% return on that investment. There aren’t many other options that will yield that kind of return.  The advantage is that all the profits go back into the IRA tax-free, but the disadvantage is that you can’t take any of that money personally into your own checking or savings.

 As you can see, there are 15 different investment options inside of a Self-Directed IRA that you would never have if you just invested through a stock broker or financial planner. Many savvy investors will you that they won’t invest in anything unless it generates AT LEAST a 12-15% return because they are so familiar with investments that produce those kind of results.

If you want to learn more about Self-Directing your retirement account, visit iPlan Group and tell them Josh Cantwell sent you.

To listen to and download the full episode of Strategic Real Estate Investing Radio, click here.

55 Simple and Powerful Ways to Find Killer Real Estate Investments

If you want to learn great ways on how to FIND great real estate investments, check out our brand new report, 55 Simple and Powerful Ways to Find Killer Real Estate Investments. This free report is something I put together with my Maverick Mastermind Group colleagues over the past year. We thought about every method, paid and unpaid, that have worked for us.

 With 55 Simple and Powerful Ways, you are guaranteed to dominate your local market and any other virtual market as well. The book covers:

  • 21 Simple and Powerful FREE ONLINE Methods That Find Killer Real Estate Investments without any money for marketing whatsoever
  • 11 Simple Free OFFLINE marketing methods to acquire great real estate cash flow deals
  • 6 Powerful Software Platforms that pump motivated seller leads directly into your inbox
  • 16 Simple Paid Offline Marketing Strategies that push motivated leads to your inbox and create mass brand recognition AND mass market appeal for your business
  • 15 Must Use Free or Very Cheap Resources and Tools every real estate investor needs to automate their real estate business
  • Plus, The Automated Offer Formula you should be using to bid blind on real estate properties without ever seeing them!

Download the free report here and go to our Facebook page to let us know what you think! We want to know what methods you’re already using, what methods worked for you and any other feedback you might have so we can continue to bring you this free, relevant content.

Become MY Certified Acquisitions Partner

I also want to encourage you to register for our free master class to see how we provide funding for our students. In this class, I will cover how to become my certified acquisitions partner. We will not only fund your deals, but also evaluate them with our Deal Genie program to make sure they are a good deal and worth the investment. This is truly a life changing opportunity for any real estate investor, seasoned or beginner. 

Remember, let us know what you think of our newest free report, “55 Simple and Powerful Ways to Find Killer Real Estate Investments” AND hopefully I will see you soon on our Freedom Funding master class.

Be Daring,

Josh

CEO Strategic Real Estate Coach

CEO Freeland Ventures and Freeland Lending

CEO Yellow Jacket Properties

Become a “SREC TV” You Tube subscriber here and learn free video lessons on real estate investing

Become a Strategic Real Estate Investing Radio Podcast Subscriber here and learn free audio lessons on real estate investing

Connect with us on:

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55 Simple and Powerful Ways to Find Killer Real Estate Investments

Ever wish there was a manual that you could go through that would show you all the ways that my team and I find our great real estate investment deals? Perhaps a book that included links to the sites we use, details on each and even some real life case studies? Well guess what – THIS EXISTS! And, it’s FREE!

I am giving away my newest report, “55 Simple and Powerful Ways to Find Killer Real Estate Investments,” just click here to download. There’s no catch and most of these methods are completely free to use. This guide could be the quick-start you need to jump into the exciting and rewarding world of real estate investment.

I’ve been keeping a growing list of these methods for a while now and I’m happy to share them with you. Every time I meet with my Maverick Mastermind Group, we discuss new ways we are finding deals and thanks to them, the list was up to 55!

14 Simple Methods to Find Qualified Contractors

Another big road block that many of my students come to in the process of rehabbing a property is finding good, quality contractors. It’s tough to find a crew that will be reliable and do good work for you. I have a great group that I regularly use now that I’ve flipped over 700 properties, but I remember how hard it was to find good contractors at the beginning.

I’m going to discuss 14 Simple Methods to Find Qualified Contractors to help eliminate this issue for you.

  1. Home Depot Contactor Desk – Hang out here early, between 6-7am in the morning to spot contractors that are motivated and ready to work.
  2. Real Estate Investor Associations or Clubs – Find your local REI club and network to gather business cards and references.
  3. Scope the Parking Lot – Check out the parking lots at Home Depot, Lowe’s or your local REI to spot the nicest work trucks. Look specifically for clean vehicles with a company name or logo on the side for advertising.
  4. Look for Other Local Rehab Projects – If you’re driving by a house that is getting work done and see a contractor’s truck, check it out and see what their specialty is and if the crew is available directly for hire.
  5. Look for Fundamental Groups – In my area of Ohio, there are a lot of groups of Amish who may be available to work on rehabs.
  6. Municipal Department - Go to your local municipal department and ask for a list of approved contractors.
  7. Craigslist – Put an ad on Craigslist look for qualified contactors, carpenters, plumbers, etc. Ask for a resume and past work examples.
  8. Material Supply Houses - Visit places that sell in bulk. They always have a list of installers and see if they are willing to give you recommendations on who to use.
  9. Builders – Home Builders Association have contractors that they can’t keep busy and are looking for side work.
  10. Realtors – Especially realtors that work with foreclosure properties.
  11. National Association of Remodelers Industry – org has all of the investors and contractors who are members listed on the site.
  12. Angie’s List – You can pay $2 to become a member and you will be provided with lists of local businesses and their ratings.
  13. Home Advisor – com has lists of professionals that have passed background screenings and you can get quotes for the job.
  14. Yard Signs – Look for signs around your neighborhood that local contractors have put down after completing work to advertise their company.

To listen to and download this entire episode of Strategic Real Estate Investing Radio, click here.

Rehab Punch Lists

To keep on the same topic of rehabs, contractors and flipping investment properties, I also want to cover rehab punch lists. The actual definition of a punch list is a list of usually minor tasks to be completed at the end of a project.

The property in the video below is 2313 Iota Drive in Cuyahoga Falls, Ohio and we bought it for $53,000. The renovation budget is $31,000 and we were set back about two weeks because once we opened up the walls, we realized the entire property needed new plumbing and electrical.

Let’s take a walk through the house:

You can see that we’re wrapping up our projects, we give ourselves two weeks before the property launch to make sure everything in perfectly in place. I like to be the one to do the walk-throughs because I can look at the property as an outsider and see things through the buyer’s eyes. There should be NO reason why a buyer would pass on your house. It should be move-in ready and the buyers should be able to walk-through and be able to picture themselves living there without having to do any work.

We ended up listing the property for $139,900 like we had planned and it sold for our asking price!

I hope this blog post was helpful to you. Just one more reminder, once you download my e-book, 55 Simple and Powerful Ways to Find Killer Real Estate Deals, please jump on our Facebook page and let me know what you think. Your feedback helps me to know what’s working and what we need more of.

Be Daring,

Josh

CEO Strategic Real Estate Coach

CEO Freeland Ventures and Freeland Lending

CEO Yellow Jacket Properties

Become a “SREC TV” You Tube subscriber here and learn free video lessons on real estate investing

Become a Strategic Real Estate Investing Radio Podcast Subscriber here and learn free audio lessons on real estate investing

Connect with us on:

Facebook

Twitter

LinkedIn

STRATEGIC REAL ESTATE INVESTING RADIO: 15 Powerful Ways to Invest in Real Estate with Your Self Directed IRA

In this episode of Strategic Real Estate Investing Radio, we cover 15 powerful ways to invest in real estate with your Self Directed IRA. 

Learn about the investment options that are already within your Self Directed IRA. Josh covers just what an IRA is and ways you can add more diverse options other than just investing in stocks, bonds, mutual funds and CDs. Learn ways to get more returns on your IRA investments with less risk.

P.S. After you tune in to this free podcast, I'd really appreciate it if you could leave me a review. It'll only take you a second... and keeps me motivated to deliver the best free content I can.

Here's how you do it...

1. Open iTunes

2. Find Real Estate Investing Made Easy by SREC

3. Click the "Ratings and Reviews" tab and click "Write a Review"