While real estate has always been a great investment option for Solo 401k accounts, Sense Financial explained, investing in multi-family properties is especially a viable option.
Los Angeles, CA (PRWEB) September 12, 2014
While the real estate market is seeing a lot of ups and downs in many sectors, there is one sector where growth has been steady and that is multi-family properties. A August 24, 2014 article on TWC News pointed out a number of reasons why rental properties are in demand, including a tightening credit market, increasing debts in form of student loan, and the trend toward urban living.
This presents a good investment opportunity for owners of retirement accounts for self employed. While real estate has always been a great investment option for Solo 401k accounts, Sense Financial explained, investing in multi-family properties is especially a viable option. Rental payments offer a secure and steady passive income. In the long run, investors can also count on value appreciation to grow their net worth.
While some traditional retirement accounts do not allow real estate of any form as an investment choice, Solo 401k and Self Directed IRA give plan participants this option. These retirement accounts for self employed can hold real estate, including residential and commercial properties, trust deeds, real estate notes.
Sense Financial Services LLC, with its partner Prudent Consulting, has been providing solutions and guidance for investors to successfully grow their retirement fund in real estate. They believe that real estate can provide a steady growth to retirement accounts. This is confirmed by the TWC article, which quoted Paige Farrara, a licensed real estate salesperson: “You get a much higher rate of return investing in real estate than you do putting money in a bank. On a lot of these properties you can get a 10 percent rate of return.”
Real estate investment, including rental properties, can also be less risky than investing in the stock market. Even in the worst case scenario, say prolonged vacancy, owners of rental properties can elect to sell the properties themselves to recover their initial investment.
Sense Financial is California's leading provider of retirement accounts with "Checkbook Control": the Solo 401k and the Checkbook IRA. Over the years, they have assisted hundreds of clients obtain checkbook control over their retirement accounts while providing them with the ability to invest in virtually any investment class, including real estate, private lending, mortgage notes and much more without the need for custodian approval.
To learn more about the real estate investment with retirement accounts for self employed, please visit sensefinancial.com.