Did you feel any anxiety yesterday when you heard that the stock market dropped 778 points, the largest point drop in history? It was the main point of discussion on the golf course yesterday afternoon with my group of friends. We will probably always remember where we were when we saw it drop at the end of the day or seeing on TV after work.
As I watched the market tank, I felt bad for everyone who has been hoping the best with all of their retirment savings in stocks and mutual funds. However, supposedly with dollar cost averaging by continuing to purchase stock over time, that the overall value would increase, eventually. I also thought about my retirement account that didn't didn't budge in value, except going up somewhat with the section 8 rental payment I'll receive from the government. I can count on the government to pay my IRA to provide housing every month!
This is possible because I have a self-directed IRA account that allows me to invest in real estate and other investment choices. As I know a lot about real estate and not as much about the stock market and all its terms for this and that, a lot of my money is tied up in real estate. And while the stock market lost about 7% yesterday (in one day), the value of my IRA held steady. The small amount I have sitting in cash actually earns 4% a year.
So why am I sharing this with you? Not to boast, but to tell you about a choice other than the stock market. . .the self-directed IRA. It's a tool you can use to purchase and hold onto rental property, lend money, and transact other real estate deals and make money using your skills, not some financial guru who is trying to beat the stock market through fancy software analytics.
If you would like to learn more about this, call me at 913-266-5847 about investing in real estate here in Kansas City. Other ways we can provide more information for you is via e-mail Paul@MetroREOSales.com, or visit www.MetroREOSales.com for free investment reports. Another place to see more about self-directed IRA's is Equity Trust Company, one of the largest custodian companies that specialize in IRA's.
Any great investment requires planning ahead and a solidy strategy to maximize gains. When these are missing, an investment can quickly go south, or in the best case, generate less than expected returns. Getting it all correct as an individual with no direction or experience is next to impossible. As an investor with a self-directed IRA, one would want to have a team of experienced professionals to help achieve optimal results and provide maximum returns. We at Home Run Properties, Inc. have have a team of people who fit that description perfectly.
When a person decides to join our program and use a self-directed IRA, the first step is to convert his or her IRA into a self-directed IRA. This does not require any difficult steps and any fees are minimal for the conversion/annual maintenance. After we complete a personal portfolio review to determine eligibility, the next step is we will begin our work.
For investors wanting a short-term investment, homes are bought, restored and remodeled, then sold again for profits which flow into the client's IRA. For investors wanting a long-term investment, homes are purchased completetly remodled and held for long-term rental income.
There is nothing the IRA holder needs to do at this point, other than watch the money come in, then get invested and reinvested. At any time the owner can stop a certain activity, since he or she has exclusive rights to the respective LLC.
The difference between this approach and a traditional IRA is astounding. Instead of having someone else run everything and collect fee after fee for providing modest returns, we at Home Run Properties, Inc. do the work for the investor while providing much higher gains and/or equity. Yet the account holder remains in the loop on everything, with full control over all investments. Combined with the urban development and new opportunities for blue collar families, it is difficult to imagine why anyone would want to proceed with the traditional method of running an IRA. No other company provides such great returns coupled with the neighborhood benefits for investors.
For more information about Kansas City real estate investing, call Paul Surles at 913-266-5847, e-mail at Paul@MetroREOSales.com or visit www.MetroREOSales.com. One of several IRA custodian companies to consider is Equity Trust Company. See their website for additional information about their services.
When we talk with investors considering using their retirement accounts, we refer them to Equity Trust Company because of their high level of customer service and reasonable fees. It might seem that a company with the level of their customer service would charge high fees, but not Equity Trust Company. They are fees are very competitive and easy to understand. Maybe the biggest difference from other companies is that ETC doesn't charge transaction processing fees.
Although these might seem rather low, for those who actively invest in new assets and move money around these fees add up quick. Many companies have different fees for the purchase and sale of an asset; while Equity Trust has the same fee for both activities: $0. The company also takes no check charges, document safekeeping fees, or asset administration fees, making things simple and saving clients' money at the same time. There is no reason to waste money on self-interested companies with complex fee structures; Equity Trust is there to help the client at the lowest price while providing top notch service.
There are lots of reasons why it is preferable to rollover a 401(k) and other types of retirement savings account into a self-directed IRA. However, even after a person decides to take the step, many questions come-up that need to be answered with professional help. There are many companies out there competing for IRA clients, but Equity Trust Company ranks up there among the best.
The main difference between a regular IRA account and a self-directed is that there isn't anyone to make all the choices for the account holder. The person who holds the account is required to have a custodian to ensure that the account adheres to all federal regulations and codes, but isn't allowed, by law, to actually give advice on any investments. It is essential to have a custodian who is professional and can guide the client through each step of the process. Equity Trust Company, founded in 1974, has over 34 years of experience in the area and its clients are well taken care of by people who know their job inside out.
The company has 170 highly trained specialists to serve their clients across the United States, managing approximately $3 billion in IRA assets. Based on their figures, 92% of their clients say they are likely to refer friends and family to the company. The company also provides 24-hour access to the company's online account management tool. The abundance of staff ensures quick turnaround times so that investments are never delayed.
Equity Trust Company is there to make things as easy and simple as possible, providing their clients with professional advisers to help maintain accounts yet charge the competitive prices, without sacrificing their high level of service and client satisfaction.
For more information about self-directed IRA investing, contact Paul Surles at 913-266-5847, e-mail at Paul@MetroREOSales.com, visit www.MetroREOSales.com. There is a free report about self-directed IRA investing on the website.
This is a great article I want to share with you about the real estate market in Kansas City, midwest and other parts of the U.S. Being that our properties are in the midwest, I was happy to see the article confirm we are in a stable market. Let me know your feedback about this.
For more information about Kansas City Real Estate, call Paul Surles at 913-266-5847, e-mail at Paul@MetroREOSales.com, visit www.MetroREOSales.com.
We are very excited about the recent momentum of helping more and more out-of-state investors from beginners to the experienced invest in homes here in Kansas City, MO. I thought I'd share this link with you from our local paper as I thought it was a good study of the market here compared to other parts of the country and even Dubai!
http://www.kansascity.com/business/story/790018.html
For more information about Kansas City Real Estate, call Paul Surles at 913-266-5847, e-mail Paul at Paul@MetroREOSales.com, or visit www.MetroREOSales.com
Feel good about choosing us to sell your real estate for top dollar. Proceeds from our transactions go directly toward helping improve the quality of life in Kansas City inner-city neighorhoods.
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