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What do we mean? A self-directed IRA LLC / Checkbook IRA allows you complete control over how you retire. Your hopes and dreams rest within your power because of the following two benefits of a self-directed IRA.

Power Your Future with a Truly Self Directed IRA

What we mean by power is that you take command of how you retire. A self-directed IRA LLC is much more than a retirement account, it is literally the power to control what your financial future will be.  There are no co-pilots on this journey. You make every investing decision.

And, isn’t that the way it should be? Weren’t you the one who dutifully reported – sometimes to an unfulfilling career – day after day, week after week, month after month? Now shouldn’t you reap the reward of deciding how to invest your hard-earned money? A self-directed IRA LLC gives it to you.

You Can Invest Internationally with a Self-Directed IRA LLC / Checkbook IRA

A self-directed IRA LLC / Checkbook IRA opens a Pandora’s box of investment opportunities, way beyond the scope of the limited offerings of Wall Street. A prime example is international real estate. Many Wall Street offerings don’t take advantage of the global economy we now operate in. There are 193 countries worldwide that fall under the heading of international real estate.

And, many of them offer highly lucrative investment opportunities for smart investors. The simple reality is, real estate – no matter where it is — is a cyclical industry. Because of this, when the real estate market is slumping in the U.S., it could very well be booming in Latin America, Europe or South America. As an investor, you can take full advantage of this and build phenomenal wealth. That’s the advantage of a self-directed IRA LLC / checkbook IRA.

Self Directed IRA account holders enjoy the freedom of investing in real estate, without the hassles of having someone sign off on every expenditure. This is particularly important for those who choose to flip fixer-upper properties as an investment strategy.

Self-Directed IRA LLC - Self Directed IRA: 3 Tips for Maximizing Profits When Flipping Fixer Uppers

For those who are patient, flipping fixer-uppers can provide a phenomenal return on for a Self Directed IRA portfolio. Careful research is required to make sound decisions when flipping properties, but, that is the case with any investment. If flipping properties is how you choose to maximize your retirement income via your Self Directed IRA account, keep the following in mind.

Location is Key: This is the golden rule when buying real estate. And, it is particularly true when you are buying solely as an investment. This is easy to digest when you consider that it’s easy to fix what’s wrong with a property. But, you can’t change the dynamics of a location with a can of paint.

Another rule of thumb when flipper fixer uppers: Keep the needs, wants and desires of the buyer in mind. Look in neighborhoods where property values are on a steady climb, where buyers want to purchase because the schools are good, where city government is active and present, etc…

Cosmetic Renovations: Where possible, choose properties that need as little work as possible. This is especially true if you are just starting out. After all, you’re using the monies from your self-directed IRA LLC account to increase your portfolio’s value. Don’t fall in love with the wrong property and overspend to buy it, or fix it. Run the numbers. This is a business investment – nothing more, nothing less. Never forget that.

Call on a Rehab Specialist: Because it is your money coming out of your self-directed IRA LLC account, you should team up with a rehab specialist to inspect properties before buying. They can assess the structure soundness and give you an idea on what it will really cost to fix it. If you truly want to grow your self-directed IRA LLC portfolio buying and selling fixer uppers, this is one of the most astute moves you can make.