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Source: Birmingham Business Journal
A recent survey conducted by Washington-based Guidant Financial Group revealed that among self-directed IRA holders real estate is still the #1 consideration for investment. The survey asked 1,000
IRA holders, all self directed investors and 65% indicated that they are considering real estate as the top sector to grow their fund. This comes as a surprise as the real estate market is in turmoil and decline and many are getting out.
The top real estate investments considered among respondents are:
- 60% rental properties
- 36% foreclosures and pre-foreclosures
- 28% raw land
This study showed important insights into the minds of some investors. Despite the turmoil and decline in the housing market, many feel that is secure enough to make some investment in. This could be helpful in helping the real estate market.
After real estate the following were investment considerations respondents are considering:
- Tax liens and deeds 29 %
- Business/franchise 22.8 %
- Hard money lending 22 %
- Notes 19.3 %
- Vacation property 19 %
- Foreign investments 10.4 %
- Securities 7 %
Check out the full report here>>
