All Forum Posts by: Valerie Couch

 I feel there are some additional variables needed.  Where is the property located, what is the occupancy, what is the general condition of the property, what kind of maintenance exposure. Have you seen P&L?  What is the general market growth in the area?  What is the interest rate? 

Even with answers to those questions I don't think being in the red for 5 years is ever a good idea. One bad repair, one bad tenant requiring costly eviction, etc, can break you unless of course you have that much in reserve. Either way seems to me there are plenty of other investment opportunities that won't be as volatile. 

Good luck!  Interested to see other opinions and suggestions and hear how it turns out. 

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What is a Self-Directed IRA?

From a legal standpoint, a self-directed Individual Retirement Account (IRA) is not different from any other IRA. The term "self-directed" simply indicates that you choose your IRA's investments and that you don't limit yourself to the packaged products available at traditional IRA custodians.

Can I buy real estate using my IRA?

Yes, you can buy real estate within your IRA, Roth IRA, SEP IRA, and Solo(k) plans. Additionally, you may be able to use your other retirement plans—such as a 401(k) or 403(b) account—to fund a self-directed IRA or Solo(k) in order to buy real estate. Imagine not being confined to investing your hard-earned cash in the volatile stock market or limited-return certificates of deposit. You can diversify your retirement money in many creative and beneficial ways.

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@Jide Akinyode 

Welcome to BP!  Where in Ohio are you from?

Feel free to reach out with any questions, great forum here with tons of knowledgeable professionals!

Look forward to getting to know you.

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Hi @Steve Morris

Welcome to BP!  I would love to chat and get to know you a little better, learn more about your background and experience.  I will PM you if that's alright.

Thanks!

Val

Feel free to reach out, we can chat.

 Unfortunately @Tom Ott will not be able to join me - I know he was looking forward to meeting you as well!! I'm sure there will be other opportunities...

Looking forward to this event - I will be there representing Smartland.

Cheers!

@Lindsay Stewart

Welcome to BP and US investing!  So great that this forum has such an amazing international influence!

What can we help with?  What questions can I answer for you?

All the best ~

Val

@James Noe

Welcome to BP!  Glad to have another Ohioan - I have never heard of Creston, where is it located?

Feel free to reach out with any questions!

Look forward to getting to know you.