Synopses & Reviews
Synopsis
For decades, banks and brokerage houses have effectively convinced us that IRA holdings can be invested only in stocks or bonds. Unfortunately, with the sharp decline in the stock market and the bottoming out of interest rates, most of us could only stand by and watch as our retirement savings lost their accumulated value. Few knew that there was a viable investment alternative that offered both safety and incredible growth. That alternative, which banks and stockbrokers don't want you to know about, is real estate. That's right. Contrary to what you may have believed, it is perfectly legal to hold real estate investments in an IRA account--and to enjoy unprecedented returns.
Now you can learn the secrets of successfully buying, selling, or accumulating real estate products within your IRA account. For over ten years, IRA investment expert Patrick W. Rice has taught thousands of men and women his revolutionary strategies for using an IRA account to create wealth based upon real estate. In his new book, Mr. Rice shares these moneymaking strategies with you. He first teaches you how to turn your IRA into an account that can deal in real estate-oriented transactions. He then details the many ways in which real estate products can make you rich--including holding mortgages, acquiring notes, buying foreclosures, building shopping centers, and providing leases. Mr. Rice offers a wide variety of strategies for both the aggressive investor looking for high returns, and the conservative investor interested in a steady stream of income from a secured asset. And because IRAs provide a tax-free environment, your investments will earn you even more money.
Although it may be a little late toavoid the volatility of the stock market, the lesson has been simple: Don't put all your eggs in one basket. Patrick Rice now offers you an entirely new basket to consider--a basket that may, in fact, hold golden eggs for a bright and rewarding future. Here is a book that hard-working Americans cannot afford to miss.
Table of Contents
Investing in real estate products -- Captaining your own ship -- Using professionals wisely -- Buying real estate -- Buying real estate notes -- Nontraditional real estate investments -- IRA investments and family members -- Buying higher-risk income streams -- The LLC : speculative investing at its best -- Buying yourself a business -- Evaluating your choices.