Wednesday, April 15, 2009

Six reasons to tap retirement funds now to buy rental property

- By Kevin Yu
It is shown that purchasing a steeply discounted property that can produce annual income of 10% and more is a low-risk strategy for uncertain times -- especially for retirees whose fixed-income investments are paying paltry yields right now.

Here are six reasons why buying real estate with an IRA is a potentially lucrative and wise move today:

1. A solid alternative to stocks

2. An investment well-suited for long-term investors

3. Purchasing a significantly undervalued asset

4. A steady income generator

5. A safer means to play the stock market

6. The ability to flip real estate with no tax bite

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