Kaaren Hall, CEO of UDirectIRA, is on air with Abhi to discuss self-directed 401k’s and IRAs and the rules and protocols. She urges listeners to consider their options and to do their due diligence on both the front-end and back-end and she offers some great pieces of advice for best practices when you invest in real estate. Invest in an area that you have some expertise and she says that is the most important thing!
Confused on what a self-directed IRA is? There is a lot of misunderstanding and Kaaren wants to help clarify any confusion and explains what it does. There are two places people can not invest your money and that is life insurance and collectibles. Roughly 10,000 people per day are turning 65 years old and they discuss the importance of saving for retirement and taking control of your financial future.
They discuss the traditional accounts you can invest in and the maximum you can invest and provide you with resources and the steps you should be taking to get set up with a self-directed IRA. There are three steps you should take and Kaaren breaks it down for us. Learn the rules so you can play the game of self-directed IRAs when you invest in real estate.
Learn more about Kaaren and her business at UDirectira.com