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ISBN: 0-7570-0094-0
Length: 272 Pages
Size: 6 X
9-inch
Format: Quality Paperback
Category: Personal Finance / Retirement Planning
Price: $16.95
Availability:
In Print
Contents
Reviews
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For decades, banks and brokerage houses have
effectively convinced us that IRA holdings can be invested only
in stocks or bonds. Unfortunately, with the sharp decline in the
stock market and the bottoming out of interest rates, most of us
could only stand by and watch as our retirement savings lost their
accumulated value. Few knew that there was a viable investment alternative
that offered both safety and incredible growth. That alternative,
which banks and stockbrokers don't want you to know about, is real
estate. That's right. Contrary to what you may have believed, it
is perfectly legal to hold real estate investments in an IRA account--and
to enjoy unprecedented returns.
Now you can learn the secrets of successfully
buying, selling, or accumulating real estate products within your
IRA account. For over ten years, IRA investment expert Patrick W.
Rice has taught thousands of men and women his revolutionary strategies
for using an IRA account to create wealth based upon real estate.
In his new book, Mr. Rice shares these moneymaking strategies with
you. He first teaches you how to turn your IRA into an account that
can deal in real estate-oriented transactions. He then details the
many ways in which real estate products can make you rich--including
holding mortgages, acquiring notes, buying foreclosures, building
shopping centers, and providing leases. Mr. Rice offers a wide variety
of strategies for both the aggressive investor looking for high
returns, and the conservative investor interested in a steady stream
of income from a secured asset. And because IRAs provide a tax-free
environment, your investments will earn you even more money.
Although it may be a little late to avoid the
volatility of the stock market, the lesson has been simple: Don't
put all your eggs in one basket. Patrick Rice now offers you an
entirely new basket to consider--a basket that may, in fact, hold
golden eggs for a bright and rewarding future. Here is a book that
hard-working Americans cannot afford to miss.
Patrick
W. Rice is an investment columnist
for publications such as American City Business Journals
(a distributor to forty-one business journals nationwide), IRAresource.com
(the leading IRA and real estate site on the internet), Golf.com
(150,000 hits per day), and Bankrate.com. Each year, he speaks at
real estate conventions across the nation on the subject of IRAs
and real estate. He has strong regional news connections in the
northwest, all of which are likely to be interested in publicizing
this book. Combined, this coverage would reach another million potential
readers of IRA Wealth. In addition, through twenty-three
years in the field, Pat Rice has developed close ties with IRA administrators
throughout the nation.
Jennifer
Dirks has covered personal finance and real estate issues
as a staff reporter at The Seattle Times, The Columbian (named
"Best in Business" for reporting in 1999), and the Vancouver
Business Journal; and as a stringer for Office.com, The Oregonian,
Emerging Business magazine, and several in-flight magazines.
In 2001, she won the U.S. Small Business Administration's Oregon
"Journalist of the Year" award, as well as the national "Journalist
of the Year" award. Combined, these news avenues reach nearly 6
million people.
Contents
Preface
Introduction
Part
I. The Elements of Investing IRA Funds in Real Estate
1.
Overview of Investing IRA Funds in Real Estate Products
2.
Captaining Your Own Ship: Plotting Your Course by Line-of-Sight
Navigation
3.
When to Call in the Skipper and Crew: Using Professionals Wisely
Part
II. Lower Risk Investments
4.
Buying Real Estate
5.
Buying Paper Secured by Real Estate
6.
Other Nontraditional Investments
7.
Loaning Money to Family Members
Part
III: Higher Risk Investments
8.
Buying Yourself a Job or a Business
9.
Buying Higher-Risk Income Streams
10.
Speculative Investing at Its Best
Conclusion
Resources
Index
Reviews
"Real
estate has become an increasingly important way to diversify retirement-plan
holdings, thanks to ... IRA Wealth: Revolutionary IRA Strategies
for Real Estate Investment, written by Patrick Rice ... that
offers real estate as an investment option."
The
Wall Street Journal, "Building Value" column, July
23, 2003
"A
must-read ... Rice details the many ways in which real estate
products can generate tax-free or tax-deferred wealth ... particularly
thought-provoking as an alternative to stock investments."
Empire
Magazine, September 2003
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