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May 2023
50m 24s

770: Retirement Accounts Collecting Dust...

BIGGERPOCKETS
About this episode

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

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BiggerPockets Bookstore

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BiggerPockets Podcast

BiggerPockets Merch

BPCON2023

Listen to All Your Favorite BiggerPockets Podcasts in One Place

Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts

Get More Deals Done with The BiggerPockets Investing Tools

Find a BiggerPockets Real Estate Meetup in Your Area

Hear Dave on the “On the Market” Podcast

Subscribe to the “On The Market” YouTube Channel

David's BiggerPockets Profile

David's Instagram

David’s YouTube Channel

Work with David

Henry's BiggerPockets Profile

Henry's Instagram

The Self-Directed IRA: What You Should Know About This Wealth-Building Tool

How to Invest in Real Estate With a Self-Directed IRA

Enter to Win a FREE Copy of David's New Book, "Pillars of Wealth"

Book Mentioned in the Show:

BRRRR by David Greene

Connect with Kaaren:

Work with Kaaren

 

Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-770

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