Today we have Sean McKay, a seasoned real estate investor, discussing his journey into real estate, the lessons learned from early investments, and the importance of mentorship and community in the investing space.

We explore various investment strategies, the significance of understanding loan products, and the different phases of a real estate investor's journey, culminating in a discussion about self-directed IRAs as a powerful investment tool. In this conversation, Sean McKay discusses the intricacies of self-directed IRAs, the pros and cons of investing through them, and the importance of understanding the rules and regulations involved.

He emphasizes the value of private money lending in real estate and shares insights on portfolio management, diversification, and the lessons learned throughout his investment journey. The discussion also touches on the importance of education and community in making informed investment decisions.

00:00 Introduction

03:15 Real Estate Challenges

13:24 The Importance of Community and Mentorship

18:38 Phases of a Real Estate Investor's Journey

21:59 Introduction to Self-Directed IRAs

24:01 Pros and Cons of Self-Directed IRAs

25:49 Regulatory Challenges in the Self-Directed Space

28:05 Personal Experiences with Self-Directed IRAs

33:13 Private Money Lending with Self-Directed IRAs

38:04 Smaller Portfolio

42:05 Advice for Aspiring Investors

Connect with - Sean- https://www.instagram.com/charlotteadubuilders/Nico- https://www.instagram.com/ngarciaofficial/Ana- https://www.instagram.com/anabialek_realtor/

⁠⁠How to Lend Money From Your IRA (Safely) & Build Wealth Without Tenants | EP 44