Investors often think they cannot make deals happen because they don’t have the experience or complete capital to drive an investment. However, through the past couple of weeks I have seen more and more individuals coming together to form partnerships for sound investment opportunities.
For example, I have had discussions with many investors interested in real estate investing, however are involved in a different profession. This may discourage them from traveling down a path in which they are unfamiliar. This is a valid concern. In reality, a software engineer may see value in real estate but may not have the time or knowledge to research a good opportunity. This thinking may cause them to continue down the path of traditional markets which they are continually growing more insecure. However, a group of friends may have a knowledgeable real estate friend or old business associate that knows the local market and is aware of good opportunities. What many people are unaware of is that this group of investors can pool their expertise and IRA funds together in a partnership or some other entity and create a sound and gratifying investment. This creates further opportunity to grow their wealth, and using their IRA saves them on taxes.
What would create a more rewarding experience, riding the rollercoaster of a mutual fund you really do not understand or creating an opportunity through a group of trusted business associates in which you were a part of structuring?
Brad Janitz, of Entrust IRA Administration in Chicago, fosters relationships with institutions and individuals seeking knowledge and expertise investing in private placements, bank stock, real estate and commodities within a retirement account. With a BSBA in Financial Planning from Purdue University, Brad is passionate about sharing his knowledge of self-direction to the broadest possible audience. Brad can be reached at bjanitz@entrustcompany.com or 312-235-0300.