Investing Your IRA

2 Story For Sale in Central City

Mack and Andi Durbin — Mon, 27 Apr 2009 16:05:00 GMT

Remodeled Victorian

• 1,194 sq. ft., 1 bath, 3 bdrm 2 story - MLS® $209,000

Central City, Gilpin County - Beautifully remodeled Victorian in the heart of Central City. All appliances are included as is the existing furniture. Hardwood floors and oak trim and wainscoting are everywhere. Lounge by the beautiful bay window in the living room and keep warm by the wood burning stove in the cool evenings. the views of the mountains and valley are spectacular. Perfect for year round living or as a summer getaway.

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You CAN Retire!

Mack and Andi Durbin — Tue, 02 Jan 2007 17:03:00 GMT

We get a weekly e-newsletter from the Motley Fool. For those of you not familiar, this is an organization who advises people on stock and bond investing.

In the last newsletter, they had a question from a couple who want to retire in 10 years - before their retirement plans would begin to pay off. Most of their assets are in real estate - two homes that are paid off plus a 401(k) that needs to be rolled into something and a savings account. Motley Fool advised they should either (a) sell both homes and move into something smaller (b) use one of the homes for rental income and (c) use a reverse mortgage to get income.

Remember the Motley Fool is advising on stocks and bonds - NOT real estate. What they could have advised is to sell one or both homes and invest in income producing real estate. With the amount they would have to invest, they can leverage into some pretty nice income property. Remember you can usually get into income property with 20% or so down. So a $300,000 nest egg can get you into a $1.5M property. That's a nice apartment building or small shopping center.

Then they can roll their 401(k) into a self-directed 401(k) which will let them invest in income producing property as well.

Don't think you need to depend on just stocks or bonds for retirement planning. Real estate has a proven track record returning more than stocks and bonds.

Ranch For Sale in Morris Heights

Mack and Andi Durbin — Thu, 28 Dec 2006 06:00:00 GMT

• 1,950 sq. ft., 2 bath, 5 bdrm ranch "Ranch Style Detached" - MLS® #452817 $114,900 - Sound Investment

Morris Heights, Aurora - Are you looking for a sound investment? Build value in this all brick home close to I-225 and the new CU Medical Center. Ranch style home has 5 bedrooms, 2 full baths and garage. Some of the properties features include: living room, family room, kitchen, laundry room, dining room, master bedroom, den and finished full basement. There's also a cozy fireplace, forced air gas heating and a covered patio outside. Develop your future by investing in this home.

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