The dwindling middle class in U.S. is shrinking and the economic divide between the upper class and lower groups is becoming more pronounced each day. Increased social mobility and increased financial burdens working people are experiencing is contributing to a steady growth in apartment living.
Most individuals invest in real estate because of the opportunity to create wealth and financial freedom. By investing in an apartment community you can realize these goals with a steady stream of income (referred to as passive income). Also, you may be actively involved in managing the property, or you may hire it out.
Using your self directed IRA to invest in an apartment community has these benefits:
At Asset Exchange Strategies, LLC we have had conversations with potential self-directed IRA clients many thousands of times and the myths continue to live on after 20 years in the business. Some things like Sasquatch or area 51 seem to perpetuate in people’s minds without any substantial evidence the concept is correct or myth. Let’s […]
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