How to Find the Best Self Directed IRA Custodian and Investments

Are you searching for the best self directed IRA investments to take advantage of? Are you looking for a self directed IRA custodian to hold your IRA contributions? Since there are so many different self directed IRA investments and custodians to choose from, it can be difficult finding one that will meet your specific needs. This article will explain which self directed IRA custodian is best for you, and what self directed IRA investments are best to take part in.

First, let’s go over self directed IRA investments. You’re probably familiar with the popular kinds of securities most people ultimately invest it- stocks, bonds, mutual funds, etc. If you take part in an employer’s 401k plan, or if you opened an IRA at a bank or brokerage firm, these are the investments your money is most likely going towards. Some people may invest in other things, but a large majority of people invest in these kinds of assets.

Then, there is a much smaller group of investors, which accounts for less than 4% of all IRA investors. This group of people choose to hold self directed IRA investments, refusing to let their employer or a financial institution control what their funds are being invested in. These people are not only in complete control of their IRA, but they also have a much wider range of investments to choose from.

So what are the best self directed IRA investments to go with? Currently, there’s been a lot of talk about investing in real estate using a self directed IRA. And in my opinion, real estate currently acts as the best self directed IRA investments to go with. And I’ll tell you why…

Right now, the housing market is FLOODED with foreclosed property. The banks and lending companies want to get back whatever they can for the mortgages that defaulted. And as a result, some real estate properties are being sold at ROCK BOTTOM PRICES. Then, you can sell them to qualified buyers or rent them out and make rental income. If you can locate these hot deals, then get ready to make some serious tax-free returns on your investment.

Alright, onto finding an appropriate self directed IRA custodian. There are a few kinds of self directed IRA custodians. The most popular kind are custodians that will hold your funds and make sure all the necessary paperwork and reports are filed on time and the right way. However, this type of self directed IRA custodian cannot legally give you investment advice. So I encourage you to go with this kind of custodian only if you know what you’re doing.

Then there’s another kind of self directed IRA custodian. Technically, they are not really custodians; they’re really companies that specialize in certain kinds of self directed IRA investments (like real estate). They actually point you in the right direction to a custodian that will fit your investment needs- one like I described above. But, you’re able to get a lot more advice and guidance out of a company like this.

For example, with real estate, I communicate with a company that has a program that specializes in real estate IRA investing. They not only direct you towards an appropriate custodian, but they also find the best real estate deals for you to invest in. They’ll even make all the necessary repairs to the property and find you a qualified buyer to take the property off your hands. So if you don’t know much about IRA real estate investing, then this option is made available specifically for you- in light of the recent housing bubble burst.

The program that I am referring to here involves much more than just self directed IRA investments in real estate though. Not only does it benefit investors, but it also benefits working-class families and urban communities that have been neglected in the past.