IRA Real Estate Investing for the Savvy Investor
What is self directed IRA real estate investing for the socially conscious? What it is is a way to rebuild downtrodden neighborhoods across the country and double your return on investment. By involving the cities themselves along with investors with self directed IRAÃ¢Â€Â™s, the potential for successful urban renewal is possible. In addition, it could be highly profitable for investors. It is a win-win situation.
A company is doing just this. That company is City Capital Corporation and Ephren Taylor, a very young successful entrepreneur who has been on several talk shows in the last few years, runs it. Therefore, what you have is a program that addresses urban decay, provides investors with excellent profit opportunities and provides an opportunity for less fortunate people to own a home. This program is for real and should not be overlooked by any serious investor.
Like any legitimate investment opportunity, there are rules that must be followed. One important aspect of self directed IRA real estate investing is that you cannot buy the property for yourself or your family to live in. It must be purchased strictly for profit.
What EphrenÃ¢Â€Â™s company provides is a turnkey opportunity for investors, they look after all the paperwork and legal issues and you the investor just sits back and collects the profits. EphrenÃ¢Â€Â™s company approaches the city leaders with the capital of the investors and convinces them to sell the properties at a very low cost. Then the properties are renovated.
While the renovations are under way, a list of buyers is prepared. These potential buyers are good, honest hard working people who are qualified for a mortgage. In most cases, these are people looking to move from renting to home ownership and they are anxious for this new opportunity in their lives.
You have probably noticed that urban areas in this country are suffering. Many city leaders have wondered what could be done to save these areas. This is where EphrenÃ¢Â€Â™s Company comes in. It is truly remarkable what is happening in some formerly downtrodden areas.
IRA real estate investing is all about providing affordable housing for working class people. A savvy investor will see the opportunity for the tremendous wealth potential. The bottom line is this is a great opportunity to realize a high return on your investment and help re-build communities across the country. Ephren TaylorÃ¢Â€Â™s vision is something any serious investor should look at.