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Updated over 13 years ago,

User Stats

153
Posts
17
Votes
Hal Cranmer
  • Real Estate Investor
  • Lakeville, MN
17
Votes |
153
Posts

Self-Directed IRA

Hal Cranmer
  • Real Estate Investor
  • Lakeville, MN
Posted

I have a self-directed IRA with approximately $30K that I used to buy some notes on mobile homes. I made about 20% on them but they are very close to being paid off. Now I am looking for another investment and was wondering about buying real estate, but I already have 5 properties and am in the middle of purchasing a 6th, mostly duplexes. That may be a bit much to handle right now since I work full time. So I was wondering if I could partner with someone and just provide the funds for a return. That way I could let someone else do the work and I can work on my other real estate holdings. I know there are also some companies that pool people's investment and provide returns on properties they have purchased. Or is it better for me to just go it alone with real estate? Any other suggestions? Thanks.

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