Did you know there are ways to join a multifamily investment in Houston, Texas without buying or renting a property yourself? For example, you can set up your self-directed IRA or Solo 401K to invest in real estate syndications.
This real estate investment strategy will let your retirement plan work for you, by growing your existing retirement funds. All you need to do is find a custodian if you are using your self-directed IRA or be your own trustee and account owner when using your Solo 401K.
What are the benefits of syndication retirement through investing? First, it allows you to invest in massive commercial real estate projects that individual investors could never afford otherwise.
Another benefit is diversification. If you invest in a one-unit apartment and nobody rents it, you get zero income. But if the syndication invests in a 100-unit condominium and 50 units are occupied, then then you will earn from your passive investment in Texas.
Investing in a real estate syndication will also give you the benefit of being truly hands-off on your investment. You can let the professionals do the work and make your money work for you. Plus, you can enjoy limited liability risk as you have no direct control of how the syndication operates.
There are truly many benefits to investing your retirement funds in with a syndication. But how do you choose the right one? The Makaan Investment Group can help you decide on the best course of action. Call them at 281-500-8554.