How to Be a Successful Real Estate Investor

Karen Hall: Real estate investing can be intimidating for people who don't know how to do it properly. David Bianculli asks Karen what advice she would give someone trying to get into real estate investing. "I am glad we talked about this because this is a strategy that almost all real estate investors know is a thing, but very few know how to like a get signed up"

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

Did you know you can invest in real estate using funds you’ve probably forgotten about? For years, you’ve been socking away money into your IRA or 401(k) to ensure an abundant retirement. The problem? You’ve only been able to invest those funds into passive investments like stocks, bonds, and mutual funds. What about the investors who want a more active income stream with bigger tax benefits, more equity upside, and plenty of cash flow? Can you use your retirement accounts to build wealth with real estate?

If you ask Kaaren Hall, her answer is a resounding yes. Kaaren saw quickly how the real money was being made in real estate, so she began investing herself, later realizing that she could use her retirement funds to build a real estate portfolio faster. She founded uDirect IRA Services to help other investors build wealth a better way, opening up more options for passive income, so your retirement accounts can grow into the millions.

If you want to scale your real estate portfolio but don’t have the cash on hand, this could be your PERFECT option. Kaaren goes over exactly how to use your retirement accounts to invest in real estate, what you can (and definitely can’t) do when investing this way, and how you can start raising capital for your own deal using other people’s retirement funds. This is a $40 trillion untapped opportunity, so don’t miss out!

In This Episode We Cover:

Tax-free real estate profits and using self-directed IRAs to build your retirement accounts

How Kaaren used retirement funds to buy her newest investment property

The self-directed IRA explained and why SO many savvy investors use one

The “layers” of retirement that’ll help you build massive wealth for later in life

Mistakes you can make when using self-directed funds to invest (and how to avoid them)

And So Much More!

Links from the Show

Find an Agent

Find a Lender

BiggerPockets Youtube Channel

BiggerPockets Forums