What with the disappointing the stock market performance, a lot of people are looking for other options such as taking their retirement investment accounts into their own hands. Using the self-directed IRA allows you to enjoy the benefits of contributing to your retirement account while also being able to self-direct those funds into alternative assets such as real estate.
“The simplest way to invest in real estate with retirement accounts is with a self-directed IRA. An IRA has to have a custodian such as a bank or trust company that will hold the assets for the accountholder,” says Jeff Nabers, founder of IRA Association of American and CEO of Nabers Group. “You can open a self-directed IRA and then roll your retirement funds into it and then you can ask the custodian to go out and invest based on your wishes,” says Nabers.
The Malone Bay community features 18 lots at W. Kerr Scott Dam & Reservoir. Fourteen (14) are Lakefront and meet private dock requirements. All lots have access to public water, saving owners from $5,000 to $10,000 on drilling a well. These lots have public water and will save you the cost of drilling a well. The entire development also features underground utilities.
This is a gated community with lots ranging from 2.3+- acres to 6.8+- acres on the Hwy 421 side of the lake just off South Minton Road, Wilkesboro, NC 28697
W. Kerr Scott Lake is 1500 acres with 50 miles of shoreline and is controlled by the US Army Corps of Engineers. It is clean water with good fishing and is excellent for boating, kayaking, skiing, and swimming. The property is surrounded by National Parks. Wilkesboro is a beautiful community and town with friendly people. It is located just 40 miles east of Boone and Blowing Rock, NC and one and a half hours northwest of Charlotte.
Give Your Home A New Look On The Cheap
A cross between a home improvement center and an antique store, architectural salvage shop are cavernous warehouses sell used, or “pre-owned,” house parts, from french doors and ornate mantelpieces to like-new commercial-grade appliances.
Discover what you need at one of these emporiums and you’ll spend just 25% to 50% as much as you would to buy the equivalent items new – if you could find comparable craftsmanship. The trick is distinguishing between the old stuff that’s made with higher-quality materials and workmanship than today’s products and the stuff that is truly, well, junk.
There are two breeds of salvage yard. Some operate like high-end collectibles stores with only hand-picked prewar products – and lofty prices (you’ll find those listed at bmra.org). And then there are nonprofit recycling centers, which carry materials from any era, including contemporary gear like Jacuzzi tubs and the water heaters needed to fill them. It’s in the latter kind of shops – many of which call themselves Restores – that you can hunt up truly unbelievable deals.