Real Estate IRA Investors Should Consider Self-Direction

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The phrase “self-directing” can be intimidating for many investors. But in a recent article at the American IRA blog, CEO Jim Hitt explains why Real Estate IRA investors should consider this highly independent form of retirement investing.

American IRA CEO

American IRA CEO, Jim Hitt

Through a Real Estate IRA, retirement investors can hold wholly-owned real estate in a retirement account—and this can be a tremendous way to build wealth over the long term.

Many people these days invest in real estate through something called the REIT—or real estate investment trust. This investment vehicle is an interesting way for investors to diversify out of the stock market and hold a portion of real assets. But Jim Hitt, CEO of American IRA in North Carolina, pointed out that through a Real Estate IRA, retirement investors can hold wholly-owned real estate in a retirement account—and that this can be a tremendous way to build wealth over the long term.

One problem, Jim Hitt argues: the declining demand in retail real estate. Because of large companies like Amazon removing the need for physical retail presence across the country, real estate investment trusts that are heavily slanted toward this kind of industry are likely to hurt in the coming years. This means that an investor who wants to hold some real estate in their retirement account might have to look for other ways to find value.

“With this article, I wanted to show that there are different ways of real estate investing,” said Jim Hitt. “Many investors think that REITs are the only way to go. And while they’re an easy and convenient way to hold some real estate in your portfolio, there are reasons you’ll want to do your research before you get directly involved. The same is true of any asset. But with declining demand for long-term retail space, investors should look at ways they can self-direct their own financial destiny using real estate that still has high demand.”

As CEO of American IRA in North Carolina, Jim Hitt runs a Self-Directed IRA administration firm that serves as a “custodian” to a Real Estate IRA, for example. This alternative for real estate investing can be a tremendous way to build wealth with successful investments. Jim Hitt notes that while there are regulations and rules to consider when investing in real estate this way, there are a number of advantages as well.

About:

American IRA, LLC was established in 2004 by James C. Hitt in Asheville, NC.

The mission of American IRA is to provide the highest level of customer service in the self-directed retirement industry. Mr. Hitt and his team have grown the company to over $250 million in assets under administration by educating the public that their self-directed IRA account can invest in a variety of assets such as real estate, private lending, limited liability companies, precious metals and much more.

As a self-directed IRA administrator they are a neutral third party. They do not make any recommendations to any person or entity associated with investments of any type (including financial representatives, investment promoters or companies, or employees, agents or representatives associated with these firms). They are not responsible for and are not bound by any statements, representations, warranties or agreements made by any such person or entity and do not provide any recommendation on the quality profitability or reputability of any investment, individual or company. The term "they" refers to American IRA, located in Asheville, NC.

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Sean McKay
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