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Showing posts with the label realestatemindset

Beware! 401k Might be a Deceptive Scheme

#shorts Do NOT Fall for This! | 401k is a SCAM @TheRamseyShow Subscribe: Sam Primm AKA SamFasterFreedom is a real estate investor and entrepreneur. He currently owns $42 million in real estate but by the time you are reading this it is probably higher. Sam also owns a real estate flipping company that will flip over 250 houses this year. This channel is for you if you want to learn about real estate investing, wealth creation and financial freedom. From beginner mistakes in real estate investing to BRRR method strategies and more, this channel will teach you how to use property investing to build your wealth. Learn More: Subscribe for new weekly videos: Watch these next: 👉BRRRR Method Beginner Guide 101 👉My First Rental Property 👉How I Bought a Neighborhood Free Rental Training : How to start building and amazing rental portfolio without using and of your own money! 💸 Also, info on my mentorship! - Perfect for Leveling Up Let’s Connect... TikTok: IG

Using Your 401K or Roth IRA to Create Enormous Wealth in Real Estate

A self-directed individual retirement account (IRA) is a retirement account that provides the account holder with greater control over the investments made within the account. With a self-directed IRA, the account holder can invest in alternative assets such as real estate, private equity, and more. Here are four ways to build wealth in real estate using a self-directed IRA: Purchase rental properties: One way to build wealth in real estate using a self-directed IRA is by purchasing rental properties. The rental income generated from the property can be deposited directly into the IRA, providing tax-deferred growth. Additionally, the property may appreciate in value over time, further increasing the account's wealth. Flip properties: Another way to build wealth in real estate using a self-directed IRA is by flipping properties. This involves buying distressed properties at a lower price, making necessary renovations or improvements, and selling them at a higher price