How to Invest in Real Estate in Your Retirement Account | Queer Money Ep. 568

How to Invest in Real Estate in Your Retirement Account | Queer Money Ep. 568

Author: Queer Money December 17, 2024 Duration: 59:51

Do you want to invest in real estate but have no extra cash? How about investing with the money you have in your retirement accounts?

On this episode of Queer Money, the hosts discuss strategies for increasing retirement income with Christopher Price, managing partner at Boost Capital Group, and Founder/CEO of Red Fox Multifamily. Christopher shares his approach to investing in hands-off, revenue-generating real estate to diversify retirement portfolios. Chris explains the benefits of self-directed IRAs, emphasizing the potential for tax savings and passive income through real estate syndications. They explore various investment strategies, the process of setting up these accounts, and the importance of due diligence in selecting reliable investment opportunities.

Topics Covered:

  • 00:09 Guest Introduction: Christopher Price
  • 01:00 Exploring Investment Options Beyond Traditional Accounts
  • 01:45 Understanding Self-Directed IRAs and Solo 401(k)s
  • 05:22 Key Differences Between Self-Directed IRAs and Solo 401(k)s
  • 09:57 Passive Real Estate Investing Explained
  • 15:24 Real Estate Syndications and Their Benefits
  • 23:08 Investment Strategies and Velocity of Money
  • 31:10 Understanding 401k Loans and Real Estate Investments
  • 32:14 Repaying 401k Loans with Real Estate Income
  • 34:19 Rolling Over IRAs into Solo 401ks
  • 35:05 Facilitating the Transfer to Solo 401ks
  • 38:36 Addressing the Housing Crisis and Real Estate Investments
  • 42:32 Improving Multifamily Properties for Better Living
  • 45:02 Finding and Vetting Real Estate Syndicates
  • 49:23 Key Considerations for Real Estate Investments
  • 55:51 Learning More and Connecting with Experts
  • 58:07 Conclusion and Final Thoughts

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Talking about money is personal, but it’s also deeply tied to our identities and the specific challenges we face. Queer Money®: How Gay People Do Money digs into that unique intersection, moving beyond generic financial advice to address what it really means to build a stable, prosperous life as an LGBTQ+ person. This bi-weekly podcast is a direct conversation about creating the generational wealth that has historically been out of reach for many in our community, framing financial security as both a practical necessity and a form of empowerment. Each episode tackles the real-world systems and personal hurdles that can stand in the way, from navigating retirement planning without traditional family structures to confronting the economic pressures of what’s termed the anti-LGBTQ+ industrial complex. You’ll hear actionable strategies for eliminating debt, growing personal wealth, and moving toward a retirement that’s not just secure but genuinely enjoyable. The discussion also expands into lifestyle, exploring some of the most affordable and welcoming cities across the country for living or visiting, all through a lens that understands queer lived experience. Tuning in regularly means joining a broader mission to foster resilience and independence, one financial decision at a time. The goal is straightforward: to help the community sleep better at night, knowing the future is on firmer ground.
Author: Language: English Episodes: 100

Queer Money®: How Gay People Do Money
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