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Why Custodians Don’t Want You to Invest in Real Estate
If you move money out of a 401k or other retirement account in order to invest with a self-directed IRA, don’t be surprised if you receive a phone call! These custodians do not want you to move money out of their company, because they make big bucks off of your account!
How to Sell a Home for Cryptocurrency
I’ve personally never done a real estate transaction with cryptocurrency, but I think it’s an interesting idea! Here’s what I’d suggest:
Check your state laws to make sure this is legal.
Schedule a call with your CPA to see if there are any tax ramifications you need to prepare for.
Talk to your title company to discuss the transaction.
What to Consider About Buying Investments for Future Use
One of my main principles of real estate investing is to never invest for speculation or future use. If you’re buying houses you tend to use in the future, please make sure they are strong investments now! Check the ROI, the market, the school districts, and more. If you’re buying a good investment now, it will only get better in the future.
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
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