Thursday, March 19, 2009

IRA investments

Did you know you can invest in real estate through a self direct IRA? If you are tired of losing money in your IRA you should look into a company called Equity Trust. They specialize in self direct IRA's and can help you transfer your funds into a self direct IRA. I have a property in my IRA and all the repairs and bills are paid through the IRA. Once you have the property in the IRA you have the rent paid to the IRA and it's all tax deferred. So take an investment of say 60k you can earn 8-900 a month in rental income in your IRA for as long as you own the property. That's about 10k a year! There are many properties for pennies on the dollar available right now! Remember Equity Trust handles all the paper work and keeps all the records for you. If you are interested in learning more about investing in real estate go to www.virtualbirddogdeals.com/couch and sign up for a free course!

Thursday, March 12, 2009

Starting a new biz

Well it's been a while since I've posted, been busy putting together a new biz. Getting the website in order, incorporating, doing the dreaded taxes, and started purchasing properties. If anyone is interested I offer a free real estate investing course , you can get it at www.virtualbirddogdeals.com/couch it will show you how to get properties with little to no money out of pocket. We actually just did a deal with only 2500 out of pocket and we are making about 150 a month positive cash flow. Also the value of the property increased our net value about 50k. So it can be done. Nest time I hope to have the new site up and running. Hae a great day!