ATLANTA, GA / ACCESSWIRE / March 30, 2020 / Does a Real Estate IRA-that is, owning real estate within a Self-Directed IRA-help people retire over a traditional account? The answer depends, according to a recent post at American IRA, a Self-Directed IRA administration firm based in North Carolina. In the recent post, American IRA noted that a Real Estate IRA can help investors generate maximum cash flow for their money-but only if investors apply experience and expertise to these investments.
Noting that real estate is like any other investment when it comes to doing due diligence and understanding the lay of the land, the post noted that real estate does have some inherent advantages that are especially appealing for retirement investors. One of these advantages is that real estate tends to serve as a hedge against inflation. As prices go up, so do real estate prices. This means that someone who owns real estate within a retirement account does not necessarily have to worry about the rate of inflation-the price of homes often goes up with inflation. This protects the real estate investor's overall nest egg.
There's also the question of cash flow. It can be difficult to invest in the stock market for dividends and trust that an investor can build up enough cash flow to retire on-at least, not without a very aggressive savings rate. But the passive income that comes with renting out a property and having it handled by a property manager is appealing to those who want to expand a retirement nest egg without adding to their overall workload. Furthermore, the ability to hold properties without actively managing them is appealing to people nearing retirement, who simply want to maximize retirement capital to have a steady flow of cash coming in.
As the article noted, holding money in a Real Estate IRA is unique territory for some people. That's why the post recommended that investors do their homework and understand how real estate works as they learn the ins and outs of a Real Estate IRA. For more information, visit www.AmericanIRA.com or call 866-7500-IRA (472).
About:
American IRA, LLC was established in 2004 by Jim Hitt, CEO in Asheville, NC.
The mission of American IRA is to provide the highest level of customer service in the self-directed retirement industry. Jim Hitt and his team have grown the company to over $400 million in assets under administration by educating the public that their Self-Directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.
As a Self-Directed IRA administrator, they are a neutral third party. They do not make any recommendations to any person or entity associated with investments of any type (including financial representatives, investment promoters or companies, or employees, agents or representatives associated with these firms). They are not responsible for and are not bound by any statements, representations, warranties or agreements made by any such person or entity and do not provide any recommendation on the quality profitability or reputability of any investment, individual or company. The term "they" refers to American IRA, located in Asheville and Charlotte, NC and Atlanta, GA."
SOURCE: American IRA, LLC