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"TFA Tuesday" featured article: Taking Control of your Retirement, regardless of your age -- True Freedom Achievers' Weekly Newsletter -- where you get Top-Notch Info & The Best Deals! 
 

True Freedom Achievers, LLC
602-538-7331 - Mobile  Mike@MikeLima.com

www.TrueFreedomAchievers.com

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It's "TFA Tuesday": True Freedom Achievers' Weekly Newsletter -- Where you get Top-Notch Information & the Best Deals! 


Taking Control of your Retirement, regardless of your age:

By: Mike Lima 

If you have an IRA, or a 401k from a previous employer, you may be able to utilize it to grow your retirement funds quicker and with more control by applying your real estate expertise, rather than relying on the stock market, which is outside of our control.
 
A few years ago, I decided that the best way to protect and grow my own retirement accounts was to put it to work where I trusted it to be – in my control.  I felt that I had no real knowledge or control over the stocks and mutual funds that my hard earned monies were invested in.  I preferred to see my money invested in a hard asset like land or a house, where I can buy them below market and have something that always has intrinsic value (land) and which can be insured against a loss (houses).  Add some expertise, like forcing appreciation with targeted improvements, and you can really create some equity and value in your retirement portfolio.
 
There are several reputable companies who offer custodial services for self-directed IRAs (SDIRAs).  Such custodial services are required under U.S. rules governing SDIRAs.  I chose Vantage (www.VantageIRAs.com), primarily because they are headquartered here in the Phoenix area, and they offer excellent (and free) training/education in their North Phoenix offices. You can typically complete the set-up process within 1-2 weeks and be ready to start investing.  I took it an extra step and had my SDIRA account own a newly formed LLC, providing me with true checkbook control over my retirement funds.
 
What types of Real Estate should you invest in?  Well, since most of you have 5+ years left before retirement, you can afford to be more patient with your SDIRA investments.  Depending on the amount of your available funds, you can diversify within your portfolio, perhaps buying a parcel of land, doing a hard money loan, and buying a Note.  There are lots of areas you can invest in, but we’ll elaborate briefly on two of them that you might not have thought about:
 
1) Land – your SDIRA can be the right vehicle to purchase and hold land for long-term appreciation.  If you are a full-time investor, you may be reluctant to spend your ‘active working capital’ on land purchases, as you need to turn your money quicker and create shorter-term returns. But by using some of your SDIRA funds in raw land, you can take advantage of long-term appreciation, most likely with minimal holding costs and very little management effort.
 
2)  Notes – another fairly low maintenance strategy is to buy Performing Notes.  That is, purchase a real estate Note that is already in place, with a seasoned payor, and step into cash flow that is secured by the underlying real estate.  Again, while you might be reluctant to spend your ‘active working capital’ on Notes, it can be a great vehicle for your SDIRA portfolio.
 
Like most real estate topics, we are just able to scratch the surface in this article.  Feel free to contact me to discuss your SDIRA situation. 
 
Editor’s Note:  If you are looking for an inexpensive Land deal, we have 11.2 acres in Tonopah that’s in the path of progress and is available for just $45k (see property details further below). Plus, we are working on 3 side-by-side residential parcels just SW of downtown Phoenix, near I-17 and Grant St -- where you could Hold for appreciation or build 3 new homes.
We also have a colleague who is willing to sell a Performing Note that has a well-seasoned payor on a remodeled Phoenix home with 2 years left on Note (~$151k note at 6.5% - contact us for more).

 
 

Real Estate Humor:

Featured "Pin" of the Week:



Quote of the Week:

Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy.   Norman Vincent Peale
 

Featured Home
(Click on Orange Boxes Below for Full Inventory):

Featured Property #1 - 11.2 Acres - Perfect for a Ranch Getaway!
 
39450 W Buckeye Rd, Tonopah, 85354 
NEGOTIATED PRICE REDUCTION!

$45k (only $4k an Acre!!) - Off-Market

 5 contiguous parcels totaling 11.2 acres, on SEC of Buckeye Rd and 395th Ave.
Great Investment Property or Ready to Build on!

Traditional Sale 
Price = $45k <> Cash or Hard Money <> 
$3k Earnest Money to secure it 
Front Front

  
39450 W Buckeye Rd H, Tonopah, 85354 -- Click Here for a MAP!!
 
Cross-streets: Winterberg Rd & Salome Hwy.
  • Land
  • APN's: 506-44-103-H
  • 506-44-103-J
  • 506-44-103-K
  • 506-44-103-L
  • 506-44-103-M
  • Taxes:  $479.38/yr. (2013) 
Features/Amenities: 
  • Power & Phone are on the North Property Line
  • Ready to Build on
  • Gravel Roadways
  • Fenced on one side
  • Corners are Marked with PVC Poles and Orange Ribbons
  • No HOA
Price = $45K Cash/Hard Money (Only $4k an Acre!!)
 
Deal Structure - Traditional Sale; Off-Market
Access - Vacant Land
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Featured Property #2: Finish this Chandler Remodel & cash in on the Equity.  Great for Fix/Flip or Fix/Rent.
 
897 N Oregon St., Chandler 85225

Price: $99.5k  ARV ~$150-160k  
1,208 sf Home in Chandler
$3k Non-Refundable Earnest Money to secure it 
Cross-streets: Arizona Ave & Ray Rd.
  • 3/2/2cp
  • 1,208 s.f.
  • Lot = 7,680 s.f.
  • Built 1960
  • APN: 302-56-083
  • Taxes:  $541.16/yr. (2013)
Features/Amenities: 
  • New Electrical Panel
  • New Rock
  • New AC
  • Exterior Freshly Painted
  • New Fencing
  • Fireplace
  • Other remodeling started but needs completing
Price = $99.5k
ARV = ~$150-160k

Repairs = Needs Electrical, Plumbing, some Drywall, Kitchen and Bath Finishes

Deal Structure - Traditional Sale. 
Access - 
Vacant - Call or email for access
              
Pictures - Click Here for PICTURES of 897 N Oregon St.
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Click the link below to view other homes that are available. 
      
 
-Mike Lima

Freedom Achievers, LLC
True Freedom Achievers, LLC
cell 602.538.7331
fax 602.801.2694

Mike@MikeLima.com
www.TrueFreedomAchievers.com


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-- Freedom Achievers & True Freedom Achievers are in the business of acquiring properties and wholesaling to investors or end buyers.  We acquire the properties through a variety of sources.
-- All prices are net to Seller;  Buyer pays all closing costs. Prices are based on quick closing of 7 days or less, unless otherwise indicated. 
-- Buyers are responsible for their own due diligence.
-- Properties are sold As-Is condition. 
-- Freedom Achievers & True Freedom Achievers do not own all of the properties that it offers.  Some of the properties it has an equitable interest in, and in such cases it is offering to sell such interest so that the Buyer can purchase the property.

-- Transactions are closed through a Title/Escrow Company, with Buyer receiving a title insurance policy.

 
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