Generate Greater ROI Through Self Directed IRA Real Estate Investing

Every day more people are realizing the huge potential of self directed IRA real estate investing. Have you thought about diversifying your invesment portfolio by using this strategy?

If your an employee, you probably have a retirement savings plan set up by your employer like a 401k, the money will be invested in diversified assets like stocks, bonds and mutual funds. It's a great idea to set aside a small percentage of your pay towards your retirement. However, the one downside is you have no control how the money is invested, and how profitable the plan will be over time, effecting the amount of money you end up with.

To improve your chances of greater wealth by retirement, think about creating multiple streams of income by diversifying into other asset classes including real estate. There are many ways to make money from real estate, but keep in mind, there are just as many ways to lose money as well. The answer to profitable property investing, if you haven't done it before, is to become more knowledgeable on the subject, get some good help and advice, and be aware of all the issues before making any commitments.

People working full time are disadvantaged at real estate investing because they are time poor. Their opportunity to look at properties is limited; therefore they need help from people within the industry. Providing they can get this support, there are great benefits using a self directed IRA real estate investment strategy. Current statistics indicate that less than 4% of Americans have a self directed IRA. This figure is increasing rapidly, yet it's still very small. We assume most workers don't know they exist, because its not in the best interests of their employer sponsored retirement plan bankers or brokers to enlighten them.

The benefits of using a truly self directed IRA are you are in control, and have few restrictions in the assets you can invest in. Owners of self directed IRAs might have considered real estate investing already. But, 401k and traditional IRA account holders should seriously think about rolling over some of their funds into a self directed IRA and invest in other asset types. There are innovative real estate developments happening right now, that are earning investors up to double the ROI that are being realized through conventional stocks and bonds investing.

Should you decide to pursue a self directed IRA real estate solution and have not invested in residential property before. Be sure to get guidance and advice from a trusted friend, or reputable financial advisor before making any commitments. There are also trustworthy companies in the marketplace that can advise and help you with purchasing real estate. Keep things simple, often a straightforward turnkey approach requiring less of your time is a good way to go.

In conclusion, having a 401k or IRA retirement savings plan is a good start to wealth generation. However, take some positive action and increase your opportunity for making higher ROI by starting a self directed IRA real estate investment strategy. The earlier you learn to invest, and create multiple passive income streams, the sooner you will create more retirement wealth.