Carolina Investment Property Blog

Well, times have changed (like they always do) and now we have to decide how we CHOOSE to react.  The nice thing is that the Real Estate market in Charlotte is still a tremendous market for our long term Real Estate values.  Yes, the lending changes have made it “funner” to find ways to put together deals, however all that means is those people that aren’t up for the small challenge of finding new ways to put their deals together just make investing easier for those of us committed to making our investment portfolio grow.  I was with a client yesterday and we were looking at a package of properties that cold be purchased for $1,000,000 including ALL the repairs and it would return over 11% cash on cash per year and over 50% ROI in YEAR 1!  I’m all ears for any other investing options that can return that, you can’t.  It brings me to the theme of this message:  Finding ways to put your deals together.  So many people (myself included) had assumed for so long that their IRA and other investment vehicles could ONLY be used to purchase stocks and bonds.  Well, there are great alternatives and now using your Self Directed IRA to purchase Real Estate is a GREAT option!  I have clients that are utilizing their 401K’s to act as their own “Hard Money Loans” for investments.  Don’t let your IRA work against you, let it work FOR you by using it wisely and funding some of your Real Estate Investing.  The deals are great and our market outlook is great, take advantage of this opportunity NOW.  Contact me for more information.

Tags: 401K, charlotte, investing, real estate, Self-Directed IRA

This entry was posted on Friday, October 31st, 2008 at 9:52 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.