All Forum Posts by: Jay Kaltenbach

Perfect..... That's what I'll do. I am assuming I'll have to look at bank financing or finding private money to start building the rental portfolio since I don't have a boat load of cash sitting around?

Thanks for the info Will....... I didn't think I could retire from my JOB from my retirement account alone either. I just know that building a portfolio of properties that will provide passive income for me and is something that I can pass on to my kids and their kids someday is what I would like to do.

Thank you everyone for the great feedback!!! I certainly appreciate it.

So... If I don't use my IRA to actually buy, rehab and rent or rent to own properties so that I can eventually live off of the income and "retire" from my J.O.B. what is the best way to finance these projects?

I will use the IRA to lend to other investors or buy notes or JV with an investor.

Hello everyone.... I am a relatively new real estate investor looking for some advice/recommendations. I am in the Columbus OH area and would like to know how to make best use of my self-directed IRA. I am seriously considering the "buy and hold" route so that I can create a portfolio of properties that will provide passive income down the road and I would like to retire from my full-time J.O.B. in the next 7-10 years (definitely closer to 7). I am not sure whether to use the IRA to pay cash for a property or try to get a loan somewhere? I have used my IRA in the past to do a fix and flip a couple of years ago and currently I have some of it invested with an investor here in Columbus.
Also, when looking and properties for the "buy and hold" strategy should I be worried about the ARV or Cash Flow...... I guess that depends on how I purchase the property?

Thanks for letting me ask and I hope these questions are not too "dumb".

Jay