A self-directed real estate IRA. Is it for you?

Mar 26, 2012 | No Responses

Do you recognize some outstanding real estate deals in today’s market and simply wish that you had the capital to take advantage?  Are you also fed up with the abyssmal returns rendered by your retirement account (401k or IRA)?  Do you feel that Wall Street is simply NOT the place where you want your hard earned money?  Do you believe that there are better, local options for your investments?  Did you know that you can keep the tax advantages of your current retirement account and yet create more control and direction with a self-directed Real Estate IRA?

This is every bit an IRA, but you get to locate the specific, local real estate property that then funds the account.  This means that you can put your 401k or IRA to work locally with better transparency and, in most cases, better returns than wall street has been able to provide.

Here’s an interesting article if you’d like to know a bit more……..

http://www.fool.com/investing/ira/2009/01/08/why-you-need-a-self-directed-ira.aspx

Feel free to investigate for yourself.  Check with your accountant or tax advisor.  But if you feel that you can and should do better – call Kirk Butterfield 207-205-4007 to discuss options and how to get started.

Author: Kirk Butterfield

Kirk Butterfield joined Investcomm Commercial Group in 2011 and specializes in the sales and leasing of commercial real estate properties in the Southern Maine and New Hampshire areas. A candidate for the prestigious Certified Commercial Investment Member (CCIM) designation, Kirk enjoys the continuum of education afforded within the real estate industry. And he greatly enjoys putting his vast real estate and business knowledge to work in the local markets. Kirk began in real estate upon graduating from Brandeis University in 1983. His top focus has been and continues to be on client services. His top skills include; strategic thinking, overcoming business challenges through problem solving, solution-based strategies, win-win negotiating, grass roots marketing and project management. He is also excellent at interpersonal relations and team building. Kirk has three sons and is very active in the local schools as a coach, advisor and committee member. He's a member of the Kennebunk Portside Rotary and Rotary International. Kirk is past president of the Kennebunk Clash Club Soccer Program. He is also a past board member of the Kennebunk Free Library, and is a long-time little league baseball coach and program volunteer. Kirk is a graduate of Gorham High School, Brandeis University and Northeastern University’s MBA program. He looks forward to your call and the opportunity to serve your commercial real estate needs.

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