By J.P. Dahdah, Founder & CEO of Vantage
Too many investors in real estate have tried to use their Self-Directed IRA to finance their property investments only to encounter plenty of legal and procedural headaches down the road. Unfortunately, any setback, however minor, can force one to miss an attractive opportunity because another investor has beaten you to it.
Using a Self-Directed IRA requires that you choose your guardian carefully so you can capitalize on opportunities swiftly and with minimum hassle. Here are tips that you can use to find the best IRA guardian and maximize your opportunities for investing in real estate.
1. Choose a guardian with an established reputation in the industry. Experience is essential to ensure that your Self-Directed IRA conversions are quick and thorough. You do not want to encounter hiccups that can derail a profitable investment. Only an experienced guardian with a proven track record and reputation can ensure that you get quality IRA management the first time.
2. Pick a guardian that has streamlined and investment-friendly processes to expedite your transactions. Some companies will take many days to process your transactions but, there is no need for this. You want a company that can move fast without compromising the quality of work so you can keep pace with the investment demands of the day.
3. Pick a guardian that offers competitive pricing for its services. You want to be able to put most of your capital into investments. Don’t pay for expensive services when you can get the same quality from an affordable but capable Self-Directed IRA guardian.
For more information on how you can discover your IRA investing alternatives, contact our team at (866) 459-4590 or ClientService@VantageIRAs.com.