Everyone is looking for a way to make more money so there is more money left at the end of the month. Are you wanting to leave a legacy for your kids and grandkids? Are you realizing much like the rest of my generation that social security is not going to be there for us to retire on and it certainly won’t keep us out of the poverty level? Many of us are having to find other strategies to be able to even have a retirement to look forward to.
Gone are the days when you work 40 years with one employer and they pay into a pension plan that will set you and your family up for the rest of your life. The median number of years that wage and salary workers had been with their current employer was 4.2 years in January 2016, down from 4.6 years in January 2014, the U.S. Bureau of Labor Statistics reported, (https://www.bls.gov/news.release/tenure.nr0.htm). That leaves many of us with a 401k that we need to rollover into a our new employers plan or into another retirement account.
What many people do not know is that they have more control than they think. Instead of rolling into the new company 401k plan you could be rolling it into a self directed IRA or self directed solo 401k for those who have their own businesses. The huge benefit of doing this is that you avoid those hefty penalties from the IRS but you also still have control. A self directed IRA or solo 401k is where you get to be the bank. So just like the banks loan out our money and make interest on it you can do the same. You can even have the security that comes from being backed by a hard asset. How you say?
Private money lending that’s how. You can take a loan out of your 401k at 5% and loan it to a real estate investor like American Made Home Solutions, LLC at 10%. If you have a self directed IRA or solo 401k you can invest directly out of the account. You get to set the terms and the interest rates. You get to pick who you invest with and what properties you want to invest in. You have complete control and you investment is recorded through escrow with a promissory note and deed of trust as well as listed on the insurance policy. All 3 of these items secure your investment in something real and tangible. Everyone needs a place to live and our market in the Puget Sound is growing and expanding to accommodate for all the new job growth and people moving to this area.
So if you are looking for ways to have a great return on your investment and yet have more control over that investment, or just want to have an investment in a hard asset, contact us at 360-386-7493 or email us at info@americanmadehomesolutions.com . We can answer your questions or direct you to places to get the answers you are looking for. We have opportunities right now just waiting to help make you some money!