How To Sell a House with a Lease Option

As I outlined in my previous article about lease options, the Texas legislature has made it very difficult to sell a house on a “rent-to-own” or lease-purchase basis. The statute – Texas Property Code Chapter 5, Subchapter D, beginning with Section 5.061 - prohibits any executory contract for the sale of residential property if the property [...]

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Self-Directed IRAs

More than three trillion dollars of capital is held in Individual Retirement Accounts (IRAs), but only 3% of that staggering sum is invested in real estate. There are many reasons to explain this phenomenon, but it may be mostly due to the fact that most people simply don’t think they can invest in real estate with their retirement funds.

But they can. With a self-directed IRA held by a custodian that allows real estate investments, individuals can invest in real estate and earn excellent returns that are tax-deferred (or even tax-free). The process is a little tricky, but relatively simple, and it allows you to take control of your retirement.

If you would like to learn more about how to set up a self-directed IRA or how to use it, please contact me.

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