August 27, 2025 • 36 mins
Visit altassetsummit.com to learn how to invest in Alternative Assets.
(More links down below.)
You don’t need $100K to self-direct your retirement. In this episode, Mat Sorensen and Mark Kohler outline 15+ real-world strategies for investing $25,000 or less using your Roth IRA, Traditional IRA, Solo 401(k), or HSA. From real estate deals and startup investments to crypto mining, mobile homes, equipment leasing, and even cattle, Mat and Mark break down the opportunities that everyday investors are already using to grow their retirement accounts.
Whether you're just starting with $5,000 in a Roth IRA or rolling over an old 401(k), this episode reveals how to make smart, creative investments in alternative assets—without needing a six-figure balance. You’ll also learn how to structure these deals legally with IRA/LLCs, avoid prohibited transactions, and understand the compliance rules that protect your tax-advantaged account.
Chapters:
00:00 - Introduction to Small-Budget Self-Directing
02:10 - Cryptocurrency and Crypto Mining Options
06:20 - Creative Real Estate and Partnerships
10:00 - Mobile Homes and Startup Investments
13:45 - Turo, Oil & Gas, and Livestock
22:45 - Equipment Leasing and Final Opportunities
32:16 - The Power of Roth IRAs
Directed IRA Homepage: https://directedira.com/
Directed IRA Explore (Linktree): https://linktr.ee/SelfDirectedIRA
Book a Call: https://directedira.com/appointment/
Other:
Mat Sorensen: https://matsorensen.com & https://linktr.ee/MatSorensen
KKOS: https://kkoslawyers.com
Main Street Business https://mainstreetbusiness.com
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:08):
Welcome everyone to the Directed IRA Podcast.
This is Matt Sorensen.
Joined in studio.
It's good to have you back.
Thank you, sir Mark J Kohler.
Yes, the great and powerful,and we got a pretty cool topic
today.
Speaker 2 (00:18):
Yeah, we're excited about this.
There are so many people thatwant to self-direct and they're
just kind of getting their legsunder them.
They've got $5,000, $10,000,maybe up to $25,000 in a Roth
IRA.
Well, what can I invest in nowto get the greatest return so I
can maybe get into some largerinvestments?
And many of you that arestarting college students with
(00:40):
IRAs, your children with RothIRAs and we love KidRoth and we
love KidRoth.
Speaker 1 (00:45):
Yeah, we love all these account types, you know.
I mean whatever account typeyou have, we want to let you
know you've got options on howyou can invest it.
Don't think you have to havehundreds of thousands of dollars
.
So Mark and I are going torattle off self-directed
investments you can make for 25Kor less.
I know a lot of people think,ah, self-directed is not for me.
I got to get $100,000, $200,000in, and that might be true for
(01:07):
certain investments.
Sure, you're going to buy arental property or maybe it's a
fund that has a minimuminvestment amount.
But we're going to hit a prettyextensive list here the list
has been growing as Mark and Istarted talking about this of
things that you can do.
So now, of course, what we'retalking about if you're new to
(01:29):
this is self-directed IRAs.
This is an IRA that can investin a private asset.
We're not talking about mutualfunds or stocks.
Obviously, you could go buylike one share of Microsoft on
the New York Stock Exchangeright now with your brokerage
IRA.
That's not what we're talkingabout.
Go do that if you like that andyou're good at it.
We're not against it.
But we just want to let youknow you can invest in these
private assets.
You can buy real estate, oiland gas crypto startups,
partnerships.
I'm going to say and you don'thave to have hundreds of
(01:49):
thousands of dollars for it.
Speaker 2 (01:51):
I'm with you, all right, okay, great intro, did I?
Speaker 1 (01:54):
show too much skin too early.
Speaker 2 (01:56):
There's an art.
You've got to wine and dine me.
Speaker 1 (02:00):
I was trying to throw a little tease out, get you
interested.
A little teaser, a littleteaser.
A little teaser.
Speaker 2 (02:05):
Okay.
Well, let's go for it and let'srattle off these ideas.
Well, I'm going to go with thefirst one Pretty straightforward
Cryptocurrency.
Many people have asked how do Iget started even investing in
crypto?
I think on Venmo you can buyBitcoin for crying out loud, but
it's.
There's a lot of platforms forpeople to just buy
(02:27):
cryptocurrency individually, butthere's only a few platforms
that allow you to useself-directed IRAs to do that.
There's a lot of influencersout there promoting other or two
or three different platforms,but I'll tell you number one
right here at Directed IRA.
It's where my crypto Rothaccount is and I'm going to be
(02:48):
blunt.
I've been in XRP this yearUnbelievable 300% return.
There's no guarantees orpromises made on this podcast
that you're going to have thesame ROI.
I could lose it all tomorrow,heaven forbid, but
cryptocurrency is very doable.
I'm going to go with number oneon that.
You can open up a crypto RothIRA and trade on an app on your
(03:08):
phone within 24, 48 hours,depending on how quickly you can
fund the account.
So that's really exciting.
That's my number one.
What's yours?
Speaker 1 (03:16):
Yeah, and I'll say that one is one that we've seen
a lot of people just open up anaccount for the very first time
and make a one-year contributionof $7,000 in a Roth IRA or
maybe it's a backdoor Roth IRAbecause you're high income and
you drop seven grand in kid RothIRA we talked about.
Maybe this is your healthsavings account.
(03:36):
You got 10 grand in.
I mean, you can invest thosedollars into crypto.
And even me, I bought crypto.
I bought three BTC when it was2,500 bucks per BTC.
Speaker 2 (03:43):
7,500 bucks, now you're just getting cocky.
Speaker 1 (03:45):
Yeah, that was in 2017.
And so I shot a YouTube videoon that.
But, like, that was like not alarge amount, okay, but I got in
the game Now.
Of course, crypto could havegone, you know, rock bottom,
just like all investments.
We just want to give you theconcepts, all right, of what's
possible, all right.
(04:07):
Next one I would say iswholesaling, okay, in the real
estate space.
I think that one's very common,that we'll see.
Many of you might be a realestate investor and we, a lot of
real estate investors, areattracted to self-directed IRAs
because they know real estateand they feel like why don't I
invest in what I know and I'mgood at and I'm doing every day?
Why am I buying a mutual fundwith my fricking retirement
account?
But they're like, oh, I betI've got this old 401k with 20
grand in it.
You know, is it?
(04:27):
What can?
I can't do a buy a real estateproperty, but what can I do?
Well, you could wholesale aproperty, Okay, or you get a
property under contract and yousell that contract for a profit
and you take the gain on it Okay, so you'd be wholesaling.
We'll get into some other realestate options there, but that's
just a simple one.
You can even wholesale aproperty with your IRA.
Speaker 2 (04:49):
Okay, I'm going to stay in the crypto space and I'm
going to want to go with cryptomining.
I'm actually doing this in mybroth as well.
It's creating ordinary income.
So you're going to use somestrategies like a block or C
corporation and things like thatfor another day.
We've done an entire podcast onthis.
In fact, I should say that allthese topics that we're going to
rattle off today, we almosthave individual podcasts
(05:11):
dedicated to them.
But crypto mining you can dowith any platform, uh hardware
that has a video card.
I've had people set up uh,crypto mining with nice hash
right on their high speed laptopthat they game on.
So if you've got a gamingcomputer with a video card, you
can sign up an account withNiceHash and start making money
(05:31):
in the middle of the night andit's not that expensive with
electricity costs.
Now I've got a CPU withmultiple video cards.
I do it off-site.
You can't do this in your homeor on your own computer,
although you could do itpersonally.
You'd set up your self-directedIRA, typically open an LLC, buy
your hardware, get a thirdparty to manage that unit and
(05:53):
you're off to the races.
But I've been crypto mining forover two and a half years now
and I've almost got a wholeBitcoin earned inside NiceHash
over this last two and a halfyears, so that it's very, very
powerful, and I started mycrypto mind.
For 20 grand, I mean, you buy aCPU for about seven grand and
you're buying your video cardsfor three, four grand or less.
(06:17):
You can buy them used.
Anyway, get into that space,check it out if you're into
crypto.
Speaker 1 (06:21):
Yeah.
Another one I'll say is justcreative real estate deals.
That's probably another nextmost popular one I'm not going
in any particular order, butthat's very common actually is
someone will go buy real estate.
Maybe they've got 10, 20 grandin their IRA and they negotiate
creative terms to acquire theproperty Maybe some seller
financing, maybe they buy theproperty subject to an existing
(06:43):
mortgage, so it's only a littlebit of money out of pocket for
them and we want to talk about Iwant to get into some
partnership structuring and someother ways you can bring in
other people into a deal.
This is just negotiating acreative deal to acquire the
asset, real estate being common,and maybe it's something you're
going to flip, maybe it'ssomething you're going to hold.
Buy and hold Doesn't matteryour exit strategy on it, but
(07:04):
you can get in Again if you knowwhat you're doing.
As a real estate investor andmany of you real estate
investors I know are listeningyou're like yeah, I do that
already personally.
I'm like well, why don't you dothat in your IRA?
Just take 10 or 20 grand fromthat old employer 401k or let's
drop seven grand in to abackdoor Roth IRA or Roth,
depending on your income leveland you can go do a creative
deal.
Speaker 2 (07:23):
Yeah, now I've done this.
Personally I still have arental property.
It's probably still worth 40grand.
It's a low-income housingsection eight property in the
large urban areas.
I know that there's a lot oflow-income housing type projects
that some real estate investorsthat's their niche.
So I had a contact that saidthat was doing this and said,
(07:45):
hey, mark, do you want to in onone of these deals?
And I was like yeah, and so Itook my health savings account.
This is almost nine years agoand I still own this asset.
And I did.
I think it was $4,000 downseller financing.
The property costs 40 grand.
And now I have this little methlab just create.
Is that my inside voice?
Now I have this little meth labjust.
Is that my inside voice?
I have this little low-incomehousing project that I do not.
(08:09):
My property manager will notallow me to drive down the
street, at least at night,whenever I'm in town.
Speaker 1 (08:15):
He's like uh-huh, but anyway it's been and the rent's
paid in cash and that neverbounces.
No, no, no, that rent checkdoesn't bounce, no.
Speaker 2 (08:22):
So I make a couple hundred a month in cash flow
inside my health savings accountself-directed health savings
account.
So don't think like you have togo buy $100,000, $200,000,
$500,000 property.
You can get some creativeacquisitions done because a
little secret here pro tip youcan use financing in your
retirement account to buysomething so you can use
(08:46):
leverage.
So if you can get a 20% downdeal, that's 20 grand to go buy
a $100,000 deal and you mightget seller financing for that
type of acquisition.
So learn about that.
We got a whole podcast on that.
Speaker 1 (08:58):
Yeah, all right.
Next one I want to hit is somepartnership structuring using a
multi-member IRA LLC.
Maybe this is your Roth IRAwith 10 grand, your old employer
401k with 15 grand.
Maybe you have a health savingsaccount with five grand.
Your spouse has an IRA with 20grand in it a traditional IRA.
Well, if we combine those allinto one LLC, we might have 50
(09:19):
to a hundred grand there.
Sorry, I couldn't get the amountexactly on all those numbers.
It's somewhere between 50 to100.
Okay, all right, but we pullthat amount of money into the
LLC.
Now we can maybe go do a dealwe couldn't do individually, and
so multi-member IRLCs are astructure we'll see a lot of
people use, particularly familymembers or maybe some business
partners or other people, andthere's a lot of variations on
(09:42):
this I want to hit, but just thefirst one is your own accounts,
or maybe your own family, yourspouse, maybe your kids'
accounts, combining thosetogether into an LLC to go buy a
specific asset that youcouldn't buy individually on
your own.
But if you combine yourresources and accounts, you can
take it down, okay.
Speaker 2 (09:57):
Love it.
I'm going to go to number sixmobile homes.
And I actually helped afather's son do a mobile home
project up in Idaho and theyboth had a Roth IRA about 20
grand each and they were able toacquire a mobile home for about
40 grand in a park where thepark manager is already there up
on blocks, whatever they doskirt it and this was already
(10:21):
cash flowing about 700 a month.
And this was already cashflowing about 700 a month.
And they had paid in cash forthat mobile home.
And they're praying for ahurricane or tornado because
then you get a new mobile homewith insurance.
That was very insensitive of me, but anyway, the point is you
can buy mobile homes inside yourRoth IRA and rent those.
(10:43):
And if you need an extra partnerI wanted to piggyback Matt's
last point partner with yourother family member to get over
that hump, to get into some ofthese assets that maybe are 30
or 40 grand.
Very easy to do.
Our law firm does them everyday.
Get on directediracom in thechat and say I need help with
that LLC setup or get tokkoslawyerscom.
(11:03):
You can come from either angleand end up at the same spot.
Those roads will merge andwe're going to get you the right
account with the right LLC todo something like that.
But I love the mobile home idea.
Speaker 1 (11:13):
Yeah.
One other one to think about isinvesting in startups.
There are a number of startups,and some of these are on
crowdfunding platforms.
There are other ways thatpeople are raising capital.
Right now we see at least one ofthese a day coming through at
Directed IRA.
Wefunder is one that's prettypopular.
King's Crowd is one that kindof analyzes different startups
(11:33):
and has a private fundopportunity and a lot of these
you can do at $25K.
A lot of private real estatefunds or other funds might have
$100K or $50K minimum, but thestartups they try to get a
little more lower entry pointbecause many of them use what's
called crowdfunding, whichallows anyone to invest.
You don't have to be anaccredited investor, but it's a
lower dollar amount that you putin.
(11:55):
So they're raising from alarger crowd smaller amounts,
rather than a few selectuber-rich that have a low, that
have a higher minimum and if youwant to have fun with this,
just seriously googlecrowdfunding and, uh, you're
going to see multiple platforms.
Speaker 2 (12:10):
Click on them, set up an account and start shopping.
I mean, there's fun videos of alot of little inventors that
they've got their killer ideaand a lot of times they'll take
five grand as an initialinvestment to get started in a
crowdfunding project and youmight find something you're
passionate about and helppromote it on your own social
media platforms, yada, yada.
(12:30):
But you can then couple thatopportunity by calling Directed
IRA and say, hey, I found thisdeal over on this crowdfunding
site.
I've got my new self-directedRoth IRA.
How can I combine those two?
And customer service will helpwith that.
All right.
Number eight Turo.
Huge fan of Turo.
Turo is a wonderful site.
(12:51):
If any of you haven't beenthere, it's like Airbnb for
vehicles and you can get into acity and find out that Hertz has
maxed out or Avis and you goover to Turo.
It's where private individualscan rent their car for the day
or the weekend weeks, whatever.
Well, your Roth IRA, againunder 25 grand, could partner
(13:13):
with someone or buy a vehicleinside an LLC.
Pop it on Turo and there's alot of people that have little
Turo businesses that are lookingfor that next vehicle.
We have clients that have sixor seven Turo vehicles and
they're making 100100,000 a year.
And if you say, hey, can I putmy vehicle from my Roth IRA in
your pool Because you can'tself-manage that Turo account,
but you can use someone to helpmanage your Turo vehicle inside
(13:35):
your Roth IRA.
Super powerful, Lots of fun.
Love Turo.
Check it out.
Speaker 1 (13:41):
Yeah, another one I've seen small dollar amounts
for.
This is probably another onethat happens every day almost is
oil and gas.
Investing in mineral rights,royalty type strategies where
there's not exploratory drilling.
It's not the intangibledrilling cost type stuff, but
it's an established well that'sproducing, and there's a number
of people out there that provideit.
(14:02):
You'll meet them at the AltAsset Summit.
By the way, alt Asset Summit iscoming up October 16th and 17th
.
Pardon the interruption herefor the commercial, but you've
got to be there If you're like.
Guys, how do I invest in thisstuff?
How do I understand thesedifferent assets?
You guys are talking aboutEvery one of these different
types of assets we're going tobe talking about at the Alt
Asset Summit, having expertspeakers there.
So get on over toaltassetsummitcom.
(14:23):
We'd love to see you guys there.
But one where I have twospeakers is on oil and gas, and
I know at least one of those youcan invest in for as little as
10 grand.
You get an actual deededinterest in the oil and gas
rights that produces a certainamount of oil, so you get a
revenue stream on that that goesback in and builds up your
retirement account, and so don'tthink you need to be coming in
with a hundred grand or more togo do those types of investments
(14:46):
.
You can do that at the even as10 grand or more.
Speaker 2 (14:49):
Okay, number 10.
And I think you're going to beimpressed.
I waited until number 10 tothrow this one down.
Okay, I, you saw it.
Speaker 1 (14:55):
I see it, you exercise a lot of restraint.
Speaker 2 (14:57):
I did, I, you know.
Many of you that are regularlisteners know that I do have a
few cows in a health savingsaccount a Maha, you know,
grass-fed, hormone-free beef.
With my cows that are ownedinside my health savings account
, and my wife and I we pooledtwo accounts to buy 21 cows.
(15:21):
The reason why I bought 20 isyou have to have a bull In your
herd, so that's the number one.
Like you need the one, the one,yeah.
So I got 10 pairs moms andcalves For with one bull.
One bull.
Speaker 1 (15:35):
And that bull knows how lucky he is right.
Oh yeah, that's his whole job.
Speaker 2 (15:40):
And yeah, in fact, just the other day my rancher
called and said your bull gotout again.
And I'm like, how does he getout?
He's like, oh, there's somecows over in the other field
he's very interested in.
He finds a way.
I'm like, ah, damn.
Anyway, so we have 21 cows.
Speaker 1 (15:53):
A whole other story we can talk about birds and the
bees on one of our episodes, ifyou guys would like, I just
think on the bull thing.
It's just so funny.
It's like the life of the malecow the bull is pretty
interesting.
Because cow the bull is prettyinteresting?
Because it's like you're eitherlike on someone's hamburger in
(16:14):
and out, or like you're the bulland there's 10 other cows and
you're just all day long.
Speaker 2 (16:18):
I think it's fascinating, so I'll just say
one more note on it.
Some of you are like what inthe hell?
So when we bought our 10 pairswhich was 20 cows within about
two months my rancher called meup and said hey, next time
you're out here because thesearen't on my land I've got a
rancher that's got already cows,so he's like you can throw your
20 cows in my herd.
And so that's the trick,because you can buy cattle, any
(16:39):
of the 4-H type animals, and leta 4-H kid raise it for you.
They need to have a cow or alamb or a pig for their 4-H
project.
Your IRA could buy the animaland let them raise it and you're
making money in your Roth IRA.
I was at the auction a monthago and freaking.
Some of these lambs and cowsand pigs are selling for three
(17:00):
or four grand and you're buyingthem for 500 when they're just a
little whatever you know, calf.
So, anyway, my rancher called meup and he goes hey, one of your
10 calves, this bull calf, he'slegit and he's like he's.
He is literally head andshoulders above all the other
nine calves yeah he goes, you'renot taking that one to auction
(17:22):
in the spring.
You're going to keep that one asa bull and you can sell it for
probably 4X.
So normally we bought these.
So we bought them for aboutthree grand.
These pairs, that's 1,500 a cow.
In the spring next year they'llsell for about three grand as
an auction.
So your calf now pays for thepair and then you're off to the
(17:43):
races.
So this one, this bull, willprobably fetch six to seven
grand.
So anyway, the point is, ifyou're in the ranching industry,
you can have your Roth IRA,play with that, and I want to
play in that industry and I wantto make this point Whatever
industry you're in, that's whereyou want to look, yeah, so if
you're in the real estateindustry, fine.
(18:04):
If you're in the medical deviceindustry, you might see some
sort of new startup in themedical device arena that no one
else would see.
That's not insider trading.
You know.
Your Roth IRA might see yourbuddy inventing some idea and
you're like, hey, can I get inon that?
And this is what Peter Thieldid with PayPal.
(18:24):
His buddies were startingPayPal and he's like can I put
my Roth IRA in the deal?
Okay, billion dollars laterit's paid off.
So think outside the box, andso I use that livestock idea is
one that I want all of you tokind of just uh screenboard for
me.
Speaker 1 (18:38):
Yeah, um, I'll give another one on not as exciting
as cows and bulls, you know, um,but maybe you know pretty
interesting.
We see it quite a bit as notes.
So you can be lending out ofyour IRA to a borrower that
maybe needs 25 K, right, maybeit's a real estate investor that
needs that for some rehabexpenses, a bridge loan, a
(19:01):
closing bridge loan, it could be.
Yeah, transactional funding,where you're lending a real
estate investor needs that forsome of their closing or just
even earnest money to get aproperty under contract.
Another one we'll see.
Even Jared, you know he's myassistant here at Directed.
He's got his Roth IRA.
He's talked about this before.
He's like he put 25K in on aloan with someone else, so he
(19:23):
was on the note for a certainpercentage of interest.
Let's say the note was $100thousand dollars, his Roth IRA
was 25,000 of that.
It had a 25% interest in thenote as a whole.
So it was one note, oneborrower.
But you can have multiplelenders on a note and so that's
another way is thinking eitherlending at that amount or
(19:45):
partnering with some otherpeople where your percentage of
that note to go get that deal.
And how did he get that?
By the way, he's like 26 yearsold, right, I don't know 27.
Maybe he just would go to ourevents and talk to people.
I think that's one thing Ithink a lot of people are like
well, I don't know somebodythat's selling cows.
I don't know anyone that doescrypto mining oh, this crypto
(20:07):
IRA.
Where do I do that at?
I Anyone that does cryptomining?
Oh, this crypto IRA.
Where do I do that at?
I don't know what crypto to buyOil and gas.
I don't know about that Realestate.
How do people find those realestate deals?
How do people find these peoplethat partner up?
Well, you, freaking, takecontrol of your situation.
You get engaged, you startlearning, you get out there, you
start learning.
What do other investors do?
Go to our events and stuff.
Meet these other people thatare doing deals like this, that
(20:29):
have done it before.
There's no secret sauce to this.
We're not promising that you'regoing to make a bunch of money.
We just want to let you knowyou have options with your
retirement account besides justa stock bond or mutual fund.
But it takes a littleinitiative and you got to feel
some of these assets.
Maybe you're drawn to one ofthese and you're like that does
(20:53):
sound like it's down my lane.
Speaker 2 (20:53):
Great yeah, learn about it.
Go meet the people that aredoing that stuff.
Well, and I want to use that asa springboard for my next one.
I won't use that word again.
Number 12, equipment leasing.
I was talking to an excavatorthe other day and a lot of
excavators with their frontloaders, skidsters, they've got
earth movers, all thesedifferent equipment names.
I don't know Mini excavators,big excavators I got I bought a
new mini X, by the way, it wasso fun.
(21:14):
Okay, Anyway so, but the he'slike.
I was talking to him because I,you know, as soon as someone
that I'm working with knows like, hey, what, how?
I've heard you, I seen you onyour podcast, what do you do
with that?
And I go, well, you and he'slike, and, just like you said,
it just literally made meremember that conversation.
He's like I don't know anythingabout crypto, I don't know
anything about this.
I'm like what do you do withyour equipment?
(21:36):
Well, I rent it out when I'mnot using it.
Why don't you have your RothIRA, buy another Skidster by you
Skidster and run it out to yourbuddies when they need it?
I can do that, yes, soequipment leasing is a big deal.
I had a client that built out atrailer that he lived in LA and
they built out a trailer withlighting and gaffing equipment
and they would rent that trailerto production crews that would
(21:59):
do filming for sets around theLA area, and that's very, very
common.
A lot of studios do not owntheir own equipment.
They rent it.
Very common A lot of studios donot own their own equipment.
They rent it.
And so if you're in the filmindustry, you can buy that
equipment and rent it todifferent production houses and
it's like who you know?
And these, these movies.
They spend so much frickingmoney when they make a movie.
(22:21):
It's insane.
And so they literally tooktheir Roth IRA, formed an LLC,
bought a trailer and startedfilling it up with equipment and
as they'd make rental income,they'd buy more equipment until
that thing was just beautifuland they were making 30, 40
grand a year in a trailer thatit took them about 25 grand to
build out initially.
So it was just super powerful.
(22:42):
So, equipment leasing big deal.
You're going to need a blockerC corp.
You're going to need tocontinue to learn about these
strategies by engaging on thepodcast.
At the very minimum, meet withone of our lawyers.
They'll help you build that out.
But I love equipment leasing.
Okay, number 13.
What do you got Water rights?
I got a client right now that'strading water rights Okay and
big deal, because he's in thatmarket.
(23:04):
He's in that industry and waterrights are a big deal in the
West and when people go to buyland to develop, they have to go
find the water rights and youcan't develop land without
having the company water rightand there's a lot of families
that inherit water rights andthey live 10 states away and
don't even know what they'resitting on, and so you can go in
(23:27):
and buy this water right frompeople that I've discovered.
They were selling them onFacebook.
Even people like I got thiswater right for my grandpa.
I don't know what to do with it.
Well, if you're in the know,you're like oh, I'll give you X,
and then you can turn aroundand sell it for Y, and so this
buying low, selling high is kindof a neat thing.
You got to try that.
Speaker 1 (23:43):
Is that how you?
Speaker 2 (23:44):
make money.
Yeah, I know you're kind ofmore into the buy high, sell low
but it's really the other wayaround.
Speaker 1 (23:49):
Oh, okay, it's really quite powerful.
So I give the less amount ofmoney and then someone gives me
more.
Yes, and I keep the difference.
Yeah, and that's how you makemoney.
I know it's genius, okay.
Speaker 2 (24:02):
Okay, Number 14, boats.
I have a client down in Floridathat took his IRA and went in
on a yacht with three or fourother people and then they rent
it out through a.
That's a private platform, muchlike Airbnb, Outdoorsy, Waverly
, and so they're renting.
If you want to go down into theFlorida Keys and rent a yacht
(24:24):
for a day or a boat or anything,there's all sorts of websites
for that Well, who do you thinkowns those boats?
It's people trying to generatepassive income.
So if you have, you want to goin on some sort of boat project.
This may be your alley.
You know, I've got a client upin Seattle that does tours out
on a boat across Puget Sound.
It takes people over to MercerIsland and out to all the
(24:47):
different islands and blah, blah, blah.
So boats can be a wonderfultype of equipment, again, much
like the RV, the mobile home,and super powerful.
Speaker 1 (24:59):
Now keep in mind, on any of the boat leasing or the
Turo, the cars.
RVs up next, you know, rvs.
Up next, you know, is you'renot personally having use of
these and you're not the boatcaptain Okay, you're not the one
out there doing the tours andyou want to use that LLC we use
the IRLC structure with theblocker strategy in there to
(25:22):
avoid something called UBIT tax.
And so you want to get over thelaw firm at Kikula Sawyers If
you're going to do any of those,even the equipment stuff.
I've had a number of clients dothe equipment leasing.
One thing I'll say on that forany of you doing like equipment
leasing in particular cause it'smore of a long-term thing
versus like Turo or the boat,where it's like someone uses it
(25:43):
and they bring it back tomorrowor they have it for a week you
know what I mean.
But if you're doing equipmentleasing, a lot of times it's to
a contractor for six months orthey're really like leasing it
for a couple of years, kind oflike a car, because there can be
this UBIT tax on leasing ofequipment.
What we did is this client whowas in the equipment leasing
(26:04):
business already is.
I said you're not in theequipment leasing business
anymore.
When it's your IRA doing thesedeals, you're in the equipment
finance business and so hisretirement account would go buy
the equipment and basically sellit to the contractor, lease to
own type thing.
It's actually it was a sellagreement.
It's actually kind of like ifyou read a lease on a car, it
(26:24):
sounds like a loan document.
Speaker 2 (26:26):
You know what I mean?
Yeah, it does.
Speaker 1 (26:27):
And it cause.
It has a buyout right at theend too.
So it's the same thing here.
You just re-engineer thenumbers.
He had a lien on it, right andso, but it had a certain rate of
return.
He was going to get that's wayabove.
You know, this is about 15, 20%of what he's getting on it,
because he got his profit builtinto the sell price but the
contractor couldn't go out andacquire that anyways on his or
(26:48):
her own.
So that client has amultimillion-dollar IRA with
this.
But some of those pieces ofequipment are the 25K.
You can start small and get big.
I'm sure he's got a lot biggertypes of equipment too, but
there is a little strategy andstructure in it as you start
delving into each one of theselittle ideas.
Speaker 2 (27:17):
Okay, last one, number 15.
It's going to be on this veinof vehicles and RVs.
I'm going to throw that out andI want to give a cautionary
point before I say 15.
The theory here, all kiddingaside, is buying something that
you know in your circle ofinfluence, your circle of
friends, your industry, whateveryou're in, and reselling it.
That's all it is.
And when you have an LLC fundedby your IRA, you can have access
(27:37):
to the bank account to serve asthe buyer and seller with
limited sweat equity.
You can buy and sell, but youcan't manage service and there's
going to be some boundariesthere and the lawyers will walk
you through, depending on howaggressive you want to get.
You might need a third party toplay a role in that, much like
(27:59):
we talked about having a boatcaptain.
You know, take care of yourinvestment.
So, with that said, you alsocannot buy and sell collectibles
.
So I've had people that havewanted to buy and sell comic
books, rare bottles of wine, lala la, where they can get a deal
on art and then resell it Greatmargins.
But you cannot buy and sellcollectibles inside your
(28:20):
retirement account.
Speaker 1 (28:22):
Now the last you want to comment on that?
Speaker 2 (28:24):
Yeah, I got one more.
Oh, okay, so I was just goingto say we're going to get to 16.
I love it.
So 15,.
I've had clients buy and sellRVs and also rent RVs the
Airstreams you know those silverones in the movie the
Accountant.
I love it.
Accountant 2 is not as good.
Do you see Accountant 2?
I do not see it.
Yeah, I think Ben Affleckkilled it in number one.
But anyway, the Airstream isone of those iconic RVs that if
(28:46):
you can get a hold of, one olderones, they are vintage and so
I've literally got a client thatis buying and selling RVs and
also renting them.
Now, with 25 grand you mightget in there to a pop-up trailer
or some of these vintage RVsand you have a shop that fixes
them up.
You resell them.
I had a client that was doingthis with vehicles Ford F-150s
(29:08):
During the COVID period.
Trucks were hard to come by andall the dealerships were down
on inventory due to supply chainissues.
So I had clients that werebuying and selling vehicles and
going through again.
That's what they knew best.
So buy low, sell high.
Think of what personal propertyaround you you could do that
(29:29):
with.
Meet with one of the lawyers.
Get an LLC set up with your IRA.
Maybe even pull up with afriend or of the lawyers, get an
LLC set up with your IRA.
Maybe even pull up with afriend or family member to get
that extra inertia you need.
But 25 grand is very, verydoable.
Yeah, and I'll say the last one,and this is like last but not
least and it might be the mostobvious one I can't believe it
(29:50):
took us to get to.
It is precious metals.
Speaker 1 (29:51):
Oh man, I can't believe you forgot that you can
buy gold and silver, platinumand palladium.
Most people buy gold and silver, but you can buy that with your
IRA.
Now, mcilvaney precious metalswe had David McIlvaney on from
them.
We did a podcast just a monthor two ago, so go check that out
.
They're a great place as aresource to look at precious
metals.
They've been in the space for along time, but you can buy
(30:11):
10,000, 20, 25,000 worth ofprecious metals in your
retirement account.
Now, precious metals have donereally well the last couple of
years.
Who knows what the future holdson that.
Everybody has their ownperspective on it.
But we've had a lot of clientsthat are buying precious metals
and I've actually seen thatbecome more and more popular in
the last couple of years.
But that's again something.
You don't need to buy 100K ofit.
You might buy 10, 20k, maybehalf of it's in silver, half of
(30:34):
it's in gold, and theydefinitely have some strategies
and thoughts on that.
So check them out.
They'll also be sorry to haveanother commercial interruption.
David McElwain will also bespeaking at the Alt Asset Summit
.
Oh, I want to come and see himthere.
I'll be there anyway.
Speaker 2 (30:52):
He's going to dive into it even more Because what
was super cool is when they saydo you want a pound of gold?
I'm like you, think of JamesBond and Goldfinger.
You know, yeah, Goldfinger.
No, it's Fountain Blue Miami.
I know, yeah, yeah, you know,that one.
I love that.
I love the pilot.
Can I say her name Never.
I love that.
I love the pilot.
Can I say her name?
Never mind Something to work.
(31:13):
But anyway, the 70s, you canjust get away with anything.
Speaker 1 (31:18):
The James Bond era.
Let's keep this rated foreveryone.
Speaker 2 (31:24):
Is that crazy.
You can't even talk aboutcharacter names in a 70s movie
anymore.
Okay, but I said to David I waslike how much is a pound of
gold?
You think of these big barsthat were in james vaughn shows?
It is like it's smaller thanyour cell phone, like a pound of
gold is like your cell phone.
I'm like really, he's like,yeah, and you showed one and I
was like, oh my gosh, that issuper cool and the gold industry
(31:44):
does not use the word pound,it's ounces or kilograms.
Speaker 1 (31:49):
much like other products that you can buy, kind
of like drugs, that's what.
Speaker 2 (31:54):
I was saying Do they have a dime bag of gold?
Can I get an eight ball of goldplease?
Speaker 1 (32:00):
Just saying I'm just saying that's how it is
described and how much for thequantity you want to buy.
It's not in pounds.
Pro tip I want a kilo.
If you want to sound cool whenyou're buying precious metals,
don't ask in pounds, okay, soask in ounces can I get a kilo?
Speaker 2 (32:18):
do you want that in white or gold?
What?
Speaker 1 (32:20):
are we talking here?
Speaker 2 (32:21):
I don't know my precious metals guy, who are you
?
oh my gosh.
All right, so we can combineone of these into like, like.
I think the vehicles and RV cango between Turo and equipment
flipping and leasing.
That gives us a solid 15.
And I'm freaking loving this 15things you can invest your Roth
IRA under 25 grand into andnotice how we kept manifesting
(32:45):
the word Roth.
That would be ideal.
Do not stop investing if youdon't have a Roth IRA, but, if
possible, start this wholeprocess with a Roth IRA.
You can put $7,000 in this ifyou're under age 50, $8,000 if
you're 50 or older.
Get that Roth IRA going and ifyou have a traditional IRA, you
(33:05):
might want to convert it to Rothbefore you start this process.
Because people, we want youseeing 10%, 15%, 20% returns or
more.
Because people, we want youseeing 10, 15, 20% returns or
more.
And with the rule of 72, youcan be doubling this money every
four or five years Insane.
Speaker 1 (33:18):
Yeah, and I think if you're sitting in that
traditional account, as Marksaid, you can convert to Roth,
and it's always best to convertto Roth when you have a smaller
account balance anyways.
Then work at it and grow it.
Let's get all that growth tocome out totally tax-free later
in retirement.
We love to Roth and roll here,as we say, and thanks for
everybody for hanging on thispodcast.
We wanted to get all thesedifferent ideas out there.
(33:39):
There are so many more.
That's the nice thing aboutself-directing your IRA is it's
up to you.
You can be as creative as youwant.
There's very few things youcannot buy with an IRA.
Okay, the list is limited.
We have that in other podcastepisodes, but hopefully we just
got some ideas flowing.
Speaker 2 (33:53):
Yeah, it has to be legal.
Speaker 1 (33:54):
It has to be legal.
Okay, you can't buycollectibles, life insurance and
S corporation stock.
Everything else is fair game.
Okay, we talked about privativetransaction rules too.
Just to note, you can'tpersonally be involved in
managing the asset in terms oflike the boat captain but you
can oversee it and have someoversight, of course.
So, again, hopefully there'ssome great ideas for you to
start thinking about things youcan be investing in and gives
(34:17):
you another step in the rightdirection of taking control of
your retirement Absolutely, andwe're going to see all of you at
the Alt Asset Summit.
Speaker 2 (34:26):
It is absolutely critical you're there.
I'm not kidding If you want tosee bigger returns in your
retirement account, you've gotto be there to come just hang
out with people doing this.
I meet someone every time whereI'm like, holy crap, you're
doing right.
Speaker 1 (34:41):
Don't you?
I know it's always crazy Someof the stuff you hear people
investing in.
They're having success and it'salways like the great ideas
that you get there from whatother people are doing and it's
real too.
It's also not like this, likeideas and just like you could do
this or you could do that.
No, there's people that aredoing this like already, and
lots of accounts that we haveare very successful people.
(35:02):
If you're a directed IRAcustomer, make sure you're there
, in particular, because we'rehaving a little customer
appreciation event on Thursdaywith some of our most successful
clients, some with seven andeight figure accounts that you
can hear from that have donecrazy little deals like this for
25K themselves.
So, and if you don't have anaccount at Directed IRA, get on
it.
Open one up so you can come tothat little special session.
Speaker 2 (35:23):
See everyone next week for another episode.
I think it's open forum nextweek.
Please get to the website aswell.
Check out the link below andsubmit your questions.
We as well.
Check out the link below andsubmit your questions.
We'd love to have anopportunity to answer any of
your questions from today.
See you next week and thank youeveryone for listening.
A quick disclaimer and reminderthis presentation does not
(35:44):
constitute an attorney or CPAclient relationship and it is
always in your best interest toconsult competent legal and tax
professionals when conductingyour own personal transactions.
Speaker 1 (35:52):
We also want to make sure you know this is not
investment advice or financialadvice.
We're just trying to give youeducation, ideas and strategies
you can take to yourprofessionals or conduct your
own research on.
We'll see you next time.
Welcome everyone to the Directed IRA Podcast.
This is Matt Sorensen.
Joined in studio.
It's good to have you back.
Thank you, sir Mark J Kohler.
Yes, the great and powerful,and we got a pretty cool topic
today.
Speaker 2 (00:18):
Yeah, we're excited about this.
There are so many people thatwant to self-direct and they're
just kind of getting their legsunder them.
They've got $5,000, $10,000,maybe up to $25,000 in a Roth
IRA.
Well, what can I invest in nowto get the greatest return so I
can maybe get into some largerinvestments?
And many of you that arestarting college students with
(00:40):
IRAs, your children with RothIRAs and we love KidRoth and we
love KidRoth.
Speaker 1 (00:45):
Yeah, we love all these account types, you know.
I mean whatever account typeyou have, we want to let you
know you've got options on howyou can invest it.
Don't think you have to havehundreds of thousands of dollars
.
So Mark and I are going torattle off self-directed
investments you can make for 25Kor less.
I know a lot of people think,ah, self-directed is not for me.
I got to get $100,000, $200,000in, and that might be true for
(01:07):
certain investments.
Sure, you're going to buy arental property or maybe it's a
fund that has a minimuminvestment amount.
But we're going to hit a prettyextensive list here the list
has been growing as Mark and Istarted talking about this of
things that you can do.
So now, of course, what we'retalking about if you're new to
(01:29):
this is self-directed IRAs.
This is an IRA that can investin a private asset.
We're not talking about mutualfunds or stocks.
Obviously, you could go buylike one share of Microsoft on
the New York Stock Exchangeright now with your brokerage
IRA.
That's not what we're talkingabout.
Go do that if you like that andyou're good at it.
We're not against it.
But we just want to let youknow you can invest in these
private assets.
You can buy real estate, oiland gas crypto startups,
partnerships.
I'm going to say and you don'thave to have hundreds of
(01:49):
thousands of dollars for it.
Speaker 2 (01:51):
I'm with you, all right, okay, great intro, did I?
Speaker 1 (01:54):
show too much skin too early.
Speaker 2 (01:56):
There's an art.
You've got to wine and dine me.
Speaker 1 (02:00):
I was trying to throw a little tease out, get you
interested.
A little teaser, a littleteaser.
A little teaser.
Speaker 2 (02:05):
Okay.
Well, let's go for it and let'srattle off these ideas.
Well, I'm going to go with thefirst one Pretty straightforward
Cryptocurrency.
Many people have asked how do Iget started even investing in
crypto?
I think on Venmo you can buyBitcoin for crying out loud, but
it's.
There's a lot of platforms forpeople to just buy
(02:27):
cryptocurrency individually, butthere's only a few platforms
that allow you to useself-directed IRAs to do that.
There's a lot of influencersout there promoting other or two
or three different platforms,but I'll tell you number one
right here at Directed IRA.
It's where my crypto Rothaccount is and I'm going to be
(02:48):
blunt.
I've been in XRP this yearUnbelievable 300% return.
There's no guarantees orpromises made on this podcast
that you're going to have thesame ROI.
I could lose it all tomorrow,heaven forbid, but
cryptocurrency is very doable.
I'm going to go with number oneon that.
You can open up a crypto RothIRA and trade on an app on your
(03:08):
phone within 24, 48 hours,depending on how quickly you can
fund the account.
So that's really exciting.
That's my number one.
What's yours?
Speaker 1 (03:16):
Yeah, and I'll say that one is one that we've seen
a lot of people just open up anaccount for the very first time
and make a one-year contributionof $7,000 in a Roth IRA or
maybe it's a backdoor Roth IRAbecause you're high income and
you drop seven grand in kid RothIRA we talked about.
Maybe this is your healthsavings account.
(03:36):
You got 10 grand in.
I mean, you can invest thosedollars into crypto.
And even me, I bought crypto.
I bought three BTC when it was2,500 bucks per BTC.
Speaker 2 (03:43):
7,500 bucks, now you're just getting cocky.
Speaker 1 (03:45):
Yeah, that was in 2017.
And so I shot a YouTube videoon that.
But, like, that was like not alarge amount, okay, but I got in
the game Now.
Of course, crypto could havegone, you know, rock bottom,
just like all investments.
We just want to give you theconcepts, all right, of what's
possible, all right.
(04:07):
Next one I would say iswholesaling, okay, in the real
estate space.
I think that one's very common,that we'll see.
Many of you might be a realestate investor and we, a lot of
real estate investors, areattracted to self-directed IRAs
because they know real estateand they feel like why don't I
invest in what I know and I'mgood at and I'm doing every day?
Why am I buying a mutual fundwith my fricking retirement
account?
But they're like, oh, I betI've got this old 401k with 20
grand in it.
You know, is it?
(04:27):
What can?
I can't do a buy a real estateproperty, but what can I do?
Well, you could wholesale aproperty, Okay, or you get a
property under contract and yousell that contract for a profit
and you take the gain on it Okay, so you'd be wholesaling.
We'll get into some other realestate options there, but that's
just a simple one.
You can even wholesale aproperty with your IRA.
Speaker 2 (04:49):
Okay, I'm going to stay in the crypto space and I'm
going to want to go with cryptomining.
I'm actually doing this in mybroth as well.
It's creating ordinary income.
So you're going to use somestrategies like a block or C
corporation and things like thatfor another day.
We've done an entire podcast onthis.
In fact, I should say that allthese topics that we're going to
rattle off today, we almosthave individual podcasts
(05:11):
dedicated to them.
But crypto mining you can dowith any platform, uh hardware
that has a video card.
I've had people set up uh,crypto mining with nice hash
right on their high speed laptopthat they game on.
So if you've got a gamingcomputer with a video card, you
can sign up an account withNiceHash and start making money
(05:31):
in the middle of the night andit's not that expensive with
electricity costs.
Now I've got a CPU withmultiple video cards.
I do it off-site.
You can't do this in your homeor on your own computer,
although you could do itpersonally.
You'd set up your self-directedIRA, typically open an LLC, buy
your hardware, get a thirdparty to manage that unit and
(05:53):
you're off to the races.
But I've been crypto mining forover two and a half years now
and I've almost got a wholeBitcoin earned inside NiceHash
over this last two and a halfyears, so that it's very, very
powerful, and I started mycrypto mind.
For 20 grand, I mean, you buy aCPU for about seven grand and
you're buying your video cardsfor three, four grand or less.
(06:17):
You can buy them used.
Anyway, get into that space,check it out if you're into
crypto.
Speaker 1 (06:21):
Yeah.
Another one I'll say is justcreative real estate deals.
That's probably another nextmost popular one I'm not going
in any particular order, butthat's very common actually is
someone will go buy real estate.
Maybe they've got 10, 20 grandin their IRA and they negotiate
creative terms to acquire theproperty Maybe some seller
financing, maybe they buy theproperty subject to an existing
(06:43):
mortgage, so it's only a littlebit of money out of pocket for
them and we want to talk about Iwant to get into some
partnership structuring and someother ways you can bring in
other people into a deal.
This is just negotiating acreative deal to acquire the
asset, real estate being common,and maybe it's something you're
going to flip, maybe it'ssomething you're going to hold.
Buy and hold Doesn't matteryour exit strategy on it, but
(07:04):
you can get in Again if you knowwhat you're doing.
As a real estate investor andmany of you real estate
investors I know are listeningyou're like yeah, I do that
already personally.
I'm like well, why don't you dothat in your IRA?
Just take 10 or 20 grand fromthat old employer 401k or let's
drop seven grand in to abackdoor Roth IRA or Roth,
depending on your income leveland you can go do a creative
deal.
Speaker 2 (07:23):
Yeah, now I've done this.
Personally I still have arental property.
It's probably still worth 40grand.
It's a low-income housingsection eight property in the
large urban areas.
I know that there's a lot oflow-income housing type projects
that some real estate investorsthat's their niche.
So I had a contact that saidthat was doing this and said,
(07:45):
hey, mark, do you want to in onone of these deals?
And I was like yeah, and so Itook my health savings account.
This is almost nine years agoand I still own this asset.
And I did.
I think it was $4,000 downseller financing.
The property costs 40 grand.
And now I have this little methlab just create.
Is that my inside voice?
Now I have this little meth labjust.
Is that my inside voice?
I have this little low-incomehousing project that I do not.
(08:09):
My property manager will notallow me to drive down the
street, at least at night,whenever I'm in town.
Speaker 1 (08:15):
He's like uh-huh, but anyway it's been and the rent's
paid in cash and that neverbounces.
No, no, no, that rent checkdoesn't bounce, no.
Speaker 2 (08:22):
So I make a couple hundred a month in cash flow
inside my health savings accountself-directed health savings
account.
So don't think like you have togo buy $100,000, $200,000,
$500,000 property.
You can get some creativeacquisitions done because a
little secret here pro tip youcan use financing in your
retirement account to buysomething so you can use
(08:46):
leverage.
So if you can get a 20% downdeal, that's 20 grand to go buy
a $100,000 deal and you mightget seller financing for that
type of acquisition.
So learn about that.
We got a whole podcast on that.
Speaker 1 (08:58):
Yeah, all right.
Next one I want to hit is somepartnership structuring using a
multi-member IRA LLC.
Maybe this is your Roth IRAwith 10 grand, your old employer
401k with 15 grand.
Maybe you have a health savingsaccount with five grand.
Your spouse has an IRA with 20grand in it a traditional IRA.
Well, if we combine those allinto one LLC, we might have 50
(09:19):
to a hundred grand there.
Sorry, I couldn't get the amountexactly on all those numbers.
It's somewhere between 50 to100.
Okay, all right, but we pullthat amount of money into the
LLC.
Now we can maybe go do a dealwe couldn't do individually, and
so multi-member IRLCs are astructure we'll see a lot of
people use, particularly familymembers or maybe some business
partners or other people, andthere's a lot of variations on
(09:42):
this I want to hit, but just thefirst one is your own accounts,
or maybe your own family, yourspouse, maybe your kids'
accounts, combining thosetogether into an LLC to go buy a
specific asset that youcouldn't buy individually on
your own.
But if you combine yourresources and accounts, you can
take it down, okay.
Speaker 2 (09:57):
Love it.
I'm going to go to number sixmobile homes.
And I actually helped afather's son do a mobile home
project up in Idaho and theyboth had a Roth IRA about 20
grand each and they were able toacquire a mobile home for about
40 grand in a park where thepark manager is already there up
on blocks, whatever they doskirt it and this was already
(10:21):
cash flowing about 700 a month.
And this was already cashflowing about 700 a month.
And they had paid in cash forthat mobile home.
And they're praying for ahurricane or tornado because
then you get a new mobile homewith insurance.
That was very insensitive of me, but anyway, the point is you
can buy mobile homes inside yourRoth IRA and rent those.
(10:43):
And if you need an extra partnerI wanted to piggyback Matt's
last point partner with yourother family member to get over
that hump, to get into some ofthese assets that maybe are 30
or 40 grand.
Very easy to do.
Our law firm does them everyday.
Get on directediracom in thechat and say I need help with
that LLC setup or get tokkoslawyerscom.
(11:03):
You can come from either angleand end up at the same spot.
Those roads will merge andwe're going to get you the right
account with the right LLC todo something like that.
But I love the mobile home idea.
Speaker 1 (11:13):
Yeah.
One other one to think about isinvesting in startups.
There are a number of startups,and some of these are on
crowdfunding platforms.
There are other ways thatpeople are raising capital.
Right now we see at least one ofthese a day coming through at
Directed IRA.
Wefunder is one that's prettypopular.
King's Crowd is one that kindof analyzes different startups
(11:33):
and has a private fundopportunity and a lot of these
you can do at $25K.
A lot of private real estatefunds or other funds might have
$100K or $50K minimum, but thestartups they try to get a
little more lower entry pointbecause many of them use what's
called crowdfunding, whichallows anyone to invest.
You don't have to be anaccredited investor, but it's a
lower dollar amount that you putin.
(11:55):
So they're raising from alarger crowd smaller amounts,
rather than a few selectuber-rich that have a low, that
have a higher minimum and if youwant to have fun with this,
just seriously googlecrowdfunding and, uh, you're
going to see multiple platforms.
Speaker 2 (12:10):
Click on them, set up an account and start shopping.
I mean, there's fun videos of alot of little inventors that
they've got their killer ideaand a lot of times they'll take
five grand as an initialinvestment to get started in a
crowdfunding project and youmight find something you're
passionate about and helppromote it on your own social
media platforms, yada, yada.
(12:30):
But you can then couple thatopportunity by calling Directed
IRA and say, hey, I found thisdeal over on this crowdfunding
site.
I've got my new self-directedRoth IRA.
How can I combine those two?
And customer service will helpwith that.
All right.
Number eight Turo.
Huge fan of Turo.
Turo is a wonderful site.
(12:51):
If any of you haven't beenthere, it's like Airbnb for
vehicles and you can get into acity and find out that Hertz has
maxed out or Avis and you goover to Turo.
It's where private individualscan rent their car for the day
or the weekend weeks, whatever.
Well, your Roth IRA, againunder 25 grand, could partner
(13:13):
with someone or buy a vehicleinside an LLC.
Pop it on Turo and there's alot of people that have little
Turo businesses that are lookingfor that next vehicle.
We have clients that have sixor seven Turo vehicles and
they're making 100100,000 a year.
And if you say, hey, can I putmy vehicle from my Roth IRA in
your pool Because you can'tself-manage that Turo account,
but you can use someone to helpmanage your Turo vehicle inside
(13:35):
your Roth IRA.
Super powerful, Lots of fun.
Love Turo.
Check it out.
Speaker 1 (13:41):
Yeah, another one I've seen small dollar amounts
for.
This is probably another onethat happens every day almost is
oil and gas.
Investing in mineral rights,royalty type strategies where
there's not exploratory drilling.
It's not the intangibledrilling cost type stuff, but
it's an established well that'sproducing, and there's a number
of people out there that provideit.
(14:02):
You'll meet them at the AltAsset Summit.
By the way, alt Asset Summit iscoming up October 16th and 17th
.
Pardon the interruption herefor the commercial, but you've
got to be there If you're like.
Guys, how do I invest in thisstuff?
How do I understand thesedifferent assets?
You guys are talking aboutEvery one of these different
types of assets we're going tobe talking about at the Alt
Asset Summit, having expertspeakers there.
So get on over toaltassetsummitcom.
(14:23):
We'd love to see you guys there.
But one where I have twospeakers is on oil and gas, and
I know at least one of those youcan invest in for as little as
10 grand.
You get an actual deededinterest in the oil and gas
rights that produces a certainamount of oil, so you get a
revenue stream on that that goesback in and builds up your
retirement account, and so don'tthink you need to be coming in
with a hundred grand or more togo do those types of investments
(14:46):
.
You can do that at the even as10 grand or more.
Speaker 2 (14:49):
Okay, number 10.
And I think you're going to beimpressed.
I waited until number 10 tothrow this one down.
Okay, I, you saw it.
Speaker 1 (14:55):
I see it, you exercise a lot of restraint.
Speaker 2 (14:57):
I did, I, you know.
Many of you that are regularlisteners know that I do have a
few cows in a health savingsaccount a Maha, you know,
grass-fed, hormone-free beef.
With my cows that are ownedinside my health savings account
, and my wife and I we pooledtwo accounts to buy 21 cows.
(15:21):
The reason why I bought 20 isyou have to have a bull In your
herd, so that's the number one.
Like you need the one, the one,yeah.
So I got 10 pairs moms andcalves For with one bull.
One bull.
Speaker 1 (15:35):
And that bull knows how lucky he is right.
Oh yeah, that's his whole job.
Speaker 2 (15:40):
And yeah, in fact, just the other day my rancher
called and said your bull gotout again.
And I'm like, how does he getout?
He's like, oh, there's somecows over in the other field
he's very interested in.
He finds a way.
I'm like, ah, damn.
Anyway, so we have 21 cows.
Speaker 1 (15:53):
A whole other story we can talk about birds and the
bees on one of our episodes, ifyou guys would like, I just
think on the bull thing.
It's just so funny.
It's like the life of the malecow the bull is pretty
interesting.
Because cow the bull is prettyinteresting?
Because it's like you're eitherlike on someone's hamburger in
(16:14):
and out, or like you're the bulland there's 10 other cows and
you're just all day long.
Speaker 2 (16:18):
I think it's fascinating, so I'll just say
one more note on it.
Some of you are like what inthe hell?
So when we bought our 10 pairswhich was 20 cows within about
two months my rancher called meup and said hey, next time
you're out here because thesearen't on my land I've got a
rancher that's got already cows,so he's like you can throw your
20 cows in my herd.
And so that's the trick,because you can buy cattle, any
(16:39):
of the 4-H type animals, and leta 4-H kid raise it for you.
They need to have a cow or alamb or a pig for their 4-H
project.
Your IRA could buy the animaland let them raise it and you're
making money in your Roth IRA.
I was at the auction a monthago and freaking.
Some of these lambs and cowsand pigs are selling for three
(17:00):
or four grand and you're buyingthem for 500 when they're just a
little whatever you know, calf.
So, anyway, my rancher called meup and he goes hey, one of your
10 calves, this bull calf, he'slegit and he's like he's.
He is literally head andshoulders above all the other
nine calves yeah he goes, you'renot taking that one to auction
(17:22):
in the spring.
You're going to keep that one asa bull and you can sell it for
probably 4X.
So normally we bought these.
So we bought them for aboutthree grand.
These pairs, that's 1,500 a cow.
In the spring next year they'llsell for about three grand as
an auction.
So your calf now pays for thepair and then you're off to the
(17:43):
races.
So this one, this bull, willprobably fetch six to seven
grand.
So anyway, the point is, ifyou're in the ranching industry,
you can have your Roth IRA,play with that, and I want to
play in that industry and I wantto make this point Whatever
industry you're in, that's whereyou want to look, yeah, so if
you're in the real estateindustry, fine.
(18:04):
If you're in the medical deviceindustry, you might see some
sort of new startup in themedical device arena that no one
else would see.
That's not insider trading.
You know.
Your Roth IRA might see yourbuddy inventing some idea and
you're like, hey, can I get inon that?
And this is what Peter Thieldid with PayPal.
(18:24):
His buddies were startingPayPal and he's like can I put
my Roth IRA in the deal?
Okay, billion dollars laterit's paid off.
So think outside the box, andso I use that livestock idea is
one that I want all of you tokind of just uh screenboard for
me.
Speaker 1 (18:38):
Yeah, um, I'll give another one on not as exciting
as cows and bulls, you know, um,but maybe you know pretty
interesting.
We see it quite a bit as notes.
So you can be lending out ofyour IRA to a borrower that
maybe needs 25 K, right, maybeit's a real estate investor that
needs that for some rehabexpenses, a bridge loan, a
(19:01):
closing bridge loan, it could be.
Yeah, transactional funding,where you're lending a real
estate investor needs that forsome of their closing or just
even earnest money to get aproperty under contract.
Another one we'll see.
Even Jared, you know he's myassistant here at Directed.
He's got his Roth IRA.
He's talked about this before.
He's like he put 25K in on aloan with someone else, so he
(19:23):
was on the note for a certainpercentage of interest.
Let's say the note was $100thousand dollars, his Roth IRA
was 25,000 of that.
It had a 25% interest in thenote as a whole.
So it was one note, oneborrower.
But you can have multiplelenders on a note and so that's
another way is thinking eitherlending at that amount or
(19:45):
partnering with some otherpeople where your percentage of
that note to go get that deal.
And how did he get that?
By the way, he's like 26 yearsold, right, I don't know 27.
Maybe he just would go to ourevents and talk to people.
I think that's one thing Ithink a lot of people are like
well, I don't know somebodythat's selling cows.
I don't know anyone that doescrypto mining oh, this crypto
(20:07):
IRA.
Where do I do that at?
I Anyone that does cryptomining?
Oh, this crypto IRA.
Where do I do that at?
I don't know what crypto to buyOil and gas.
I don't know about that Realestate.
How do people find those realestate deals?
How do people find these peoplethat partner up?
Well, you, freaking, takecontrol of your situation.
You get engaged, you startlearning, you get out there, you
start learning.
What do other investors do?
Go to our events and stuff.
Meet these other people thatare doing deals like this, that
(20:29):
have done it before.
There's no secret sauce to this.
We're not promising that you'regoing to make a bunch of money.
We just want to let you knowyou have options with your
retirement account besides justa stock bond or mutual fund.
But it takes a littleinitiative and you got to feel
some of these assets.
Maybe you're drawn to one ofthese and you're like that does
(20:53):
sound like it's down my lane.
Speaker 2 (20:53):
Great yeah, learn about it.
Go meet the people that aredoing that stuff.
Well, and I want to use that asa springboard for my next one.
I won't use that word again.
Number 12, equipment leasing.
I was talking to an excavatorthe other day and a lot of
excavators with their frontloaders, skidsters, they've got
earth movers, all thesedifferent equipment names.
I don't know Mini excavators,big excavators I got I bought a
new mini X, by the way, it wasso fun.
(21:14):
Okay, Anyway so, but the he'slike.
I was talking to him because I,you know, as soon as someone
that I'm working with knows like, hey, what, how?
I've heard you, I seen you onyour podcast, what do you do
with that?
And I go, well, you and he'slike, and, just like you said,
it just literally made meremember that conversation.
He's like I don't know anythingabout crypto, I don't know
anything about this.
I'm like what do you do withyour equipment?
(21:36):
Well, I rent it out when I'mnot using it.
Why don't you have your RothIRA, buy another Skidster by you
Skidster and run it out to yourbuddies when they need it?
I can do that, yes, soequipment leasing is a big deal.
I had a client that built out atrailer that he lived in LA and
they built out a trailer withlighting and gaffing equipment
and they would rent that trailerto production crews that would
(21:59):
do filming for sets around theLA area, and that's very, very
common.
A lot of studios do not owntheir own equipment.
They rent it.
Very common A lot of studios donot own their own equipment.
They rent it.
And so if you're in the filmindustry, you can buy that
equipment and rent it todifferent production houses and
it's like who you know?
And these, these movies.
They spend so much frickingmoney when they make a movie.
(22:21):
It's insane.
And so they literally tooktheir Roth IRA, formed an LLC,
bought a trailer and startedfilling it up with equipment and
as they'd make rental income,they'd buy more equipment until
that thing was just beautifuland they were making 30, 40
grand a year in a trailer thatit took them about 25 grand to
build out initially.
So it was just super powerful.
(22:42):
So, equipment leasing big deal.
You're going to need a blockerC corp.
You're going to need tocontinue to learn about these
strategies by engaging on thepodcast.
At the very minimum, meet withone of our lawyers.
They'll help you build that out.
But I love equipment leasing.
Okay, number 13.
What do you got Water rights?
I got a client right now that'strading water rights Okay and
big deal, because he's in thatmarket.
(23:04):
He's in that industry and waterrights are a big deal in the
West and when people go to buyland to develop, they have to go
find the water rights and youcan't develop land without
having the company water rightand there's a lot of families
that inherit water rights andthey live 10 states away and
don't even know what they'resitting on, and so you can go in
(23:27):
and buy this water right frompeople that I've discovered.
They were selling them onFacebook.
Even people like I got thiswater right for my grandpa.
I don't know what to do with it.
Well, if you're in the know,you're like oh, I'll give you X,
and then you can turn aroundand sell it for Y, and so this
buying low, selling high is kindof a neat thing.
You got to try that.
Speaker 1 (23:43):
Is that how you?
Speaker 2 (23:44):
make money.
Yeah, I know you're kind ofmore into the buy high, sell low
but it's really the other wayaround.
Speaker 1 (23:49):
Oh, okay, it's really quite powerful.
So I give the less amount ofmoney and then someone gives me
more.
Yes, and I keep the difference.
Yeah, and that's how you makemoney.
I know it's genius, okay.
Speaker 2 (24:02):
Okay, Number 14, boats.
I have a client down in Floridathat took his IRA and went in
on a yacht with three or fourother people and then they rent
it out through a.
That's a private platform, muchlike Airbnb, Outdoorsy, Waverly
, and so they're renting.
If you want to go down into theFlorida Keys and rent a yacht
(24:24):
for a day or a boat or anything,there's all sorts of websites
for that Well, who do you thinkowns those boats?
It's people trying to generatepassive income.
So if you have, you want to goin on some sort of boat project.
This may be your alley.
You know, I've got a client upin Seattle that does tours out
on a boat across Puget Sound.
It takes people over to MercerIsland and out to all the
(24:47):
different islands and blah, blah, blah.
So boats can be a wonderfultype of equipment, again, much
like the RV, the mobile home,and super powerful.
Speaker 1 (24:59):
Now keep in mind, on any of the boat leasing or the
Turo, the cars.
RVs up next, you know, rvs.
Up next, you know, is you'renot personally having use of
these and you're not the boatcaptain Okay, you're not the one
out there doing the tours andyou want to use that LLC we use
the IRLC structure with theblocker strategy in there to
(25:22):
avoid something called UBIT tax.
And so you want to get over thelaw firm at Kikula Sawyers If
you're going to do any of those,even the equipment stuff.
I've had a number of clients dothe equipment leasing.
One thing I'll say on that forany of you doing like equipment
leasing in particular cause it'smore of a long-term thing
versus like Turo or the boat,where it's like someone uses it
(25:43):
and they bring it back tomorrowor they have it for a week you
know what I mean.
But if you're doing equipmentleasing, a lot of times it's to
a contractor for six months orthey're really like leasing it
for a couple of years, kind oflike a car, because there can be
this UBIT tax on leasing ofequipment.
What we did is this client whowas in the equipment leasing
(26:04):
business already is.
I said you're not in theequipment leasing business
anymore.
When it's your IRA doing thesedeals, you're in the equipment
finance business and so hisretirement account would go buy
the equipment and basically sellit to the contractor, lease to
own type thing.
It's actually it was a sellagreement.
It's actually kind of like ifyou read a lease on a car, it
(26:24):
sounds like a loan document.
Speaker 2 (26:26):
You know what I mean?
Yeah, it does.
Speaker 1 (26:27):
And it cause.
It has a buyout right at theend too.
So it's the same thing here.
You just re-engineer thenumbers.
He had a lien on it, right andso, but it had a certain rate of
return.
He was going to get that's wayabove.
You know, this is about 15, 20%of what he's getting on it,
because he got his profit builtinto the sell price but the
contractor couldn't go out andacquire that anyways on his or
(26:48):
her own.
So that client has amultimillion-dollar IRA with
this.
But some of those pieces ofequipment are the 25K.
You can start small and get big.
I'm sure he's got a lot biggertypes of equipment too, but
there is a little strategy andstructure in it as you start
delving into each one of theselittle ideas.
Speaker 2 (27:17):
Okay, last one, number 15.
It's going to be on this veinof vehicles and RVs.
I'm going to throw that out andI want to give a cautionary
point before I say 15.
The theory here, all kiddingaside, is buying something that
you know in your circle ofinfluence, your circle of
friends, your industry, whateveryou're in, and reselling it.
That's all it is.
And when you have an LLC fundedby your IRA, you can have access
(27:37):
to the bank account to serve asthe buyer and seller with
limited sweat equity.
You can buy and sell, but youcan't manage service and there's
going to be some boundariesthere and the lawyers will walk
you through, depending on howaggressive you want to get.
You might need a third party toplay a role in that, much like
(27:59):
we talked about having a boatcaptain.
You know, take care of yourinvestment.
So, with that said, you alsocannot buy and sell collectibles
.
So I've had people that havewanted to buy and sell comic
books, rare bottles of wine, lala la, where they can get a deal
on art and then resell it Greatmargins.
But you cannot buy and sellcollectibles inside your
(28:20):
retirement account.
Speaker 1 (28:22):
Now the last you want to comment on that?
Speaker 2 (28:24):
Yeah, I got one more.
Oh, okay, so I was just goingto say we're going to get to 16.
I love it.
So 15,.
I've had clients buy and sellRVs and also rent RVs the
Airstreams you know those silverones in the movie the
Accountant.
I love it.
Accountant 2 is not as good.
Do you see Accountant 2?
I do not see it.
Yeah, I think Ben Affleckkilled it in number one.
But anyway, the Airstream isone of those iconic RVs that if
(28:46):
you can get a hold of, one olderones, they are vintage and so
I've literally got a client thatis buying and selling RVs and
also renting them.
Now, with 25 grand you mightget in there to a pop-up trailer
or some of these vintage RVsand you have a shop that fixes
them up.
You resell them.
I had a client that was doingthis with vehicles Ford F-150s
(29:08):
During the COVID period.
Trucks were hard to come by andall the dealerships were down
on inventory due to supply chainissues.
So I had clients that werebuying and selling vehicles and
going through again.
That's what they knew best.
So buy low, sell high.
Think of what personal propertyaround you you could do that
(29:29):
with.
Meet with one of the lawyers.
Get an LLC set up with your IRA.
Maybe even pull up with afriend or of the lawyers, get an
LLC set up with your IRA.
Maybe even pull up with afriend or family member to get
that extra inertia you need.
But 25 grand is very, verydoable.
Yeah, and I'll say the last one,and this is like last but not
least and it might be the mostobvious one I can't believe it
(29:50):
took us to get to.
It is precious metals.
Speaker 1 (29:51):
Oh man, I can't believe you forgot that you can
buy gold and silver, platinumand palladium.
Most people buy gold and silver, but you can buy that with your
IRA.
Now, mcilvaney precious metalswe had David McIlvaney on from
them.
We did a podcast just a monthor two ago, so go check that out
.
They're a great place as aresource to look at precious
metals.
They've been in the space for along time, but you can buy
(30:11):
10,000, 20, 25,000 worth ofprecious metals in your
retirement account.
Now, precious metals have donereally well the last couple of
years.
Who knows what the future holdson that.
Everybody has their ownperspective on it.
But we've had a lot of clientsthat are buying precious metals
and I've actually seen thatbecome more and more popular in
the last couple of years.
But that's again something.
You don't need to buy 100K ofit.
You might buy 10, 20k, maybehalf of it's in silver, half of
(30:34):
it's in gold, and theydefinitely have some strategies
and thoughts on that.
So check them out.
They'll also be sorry to haveanother commercial interruption.
David McElwain will also bespeaking at the Alt Asset Summit
.
Oh, I want to come and see himthere.
I'll be there anyway.
Speaker 2 (30:52):
He's going to dive into it even more Because what
was super cool is when they saydo you want a pound of gold?
I'm like you, think of JamesBond and Goldfinger.
You know, yeah, Goldfinger.
No, it's Fountain Blue Miami.
I know, yeah, yeah, you know,that one.
I love that.
I love the pilot.
Can I say her name Never.
I love that.
I love the pilot.
Can I say her name?
Never mind Something to work.
(31:13):
But anyway, the 70s, you canjust get away with anything.
Speaker 1 (31:18):
The James Bond era.
Let's keep this rated foreveryone.
Speaker 2 (31:24):
Is that crazy.
You can't even talk aboutcharacter names in a 70s movie
anymore.
Okay, but I said to David I waslike how much is a pound of
gold?
You think of these big barsthat were in james vaughn shows?
It is like it's smaller thanyour cell phone, like a pound of
gold is like your cell phone.
I'm like really, he's like,yeah, and you showed one and I
was like, oh my gosh, that issuper cool and the gold industry
(31:44):
does not use the word pound,it's ounces or kilograms.
Speaker 1 (31:49):
much like other products that you can buy, kind
of like drugs, that's what.
Speaker 2 (31:54):
I was saying Do they have a dime bag of gold?
Can I get an eight ball of goldplease?
Speaker 1 (32:00):
Just saying I'm just saying that's how it is
described and how much for thequantity you want to buy.
It's not in pounds.
Pro tip I want a kilo.
If you want to sound cool whenyou're buying precious metals,
don't ask in pounds, okay, soask in ounces can I get a kilo?
Speaker 2 (32:18):
do you want that in white or gold?
What?
Speaker 1 (32:20):
are we talking here?
Speaker 2 (32:21):
I don't know my precious metals guy, who are you
?
oh my gosh.
All right, so we can combineone of these into like, like.
I think the vehicles and RV cango between Turo and equipment
flipping and leasing.
That gives us a solid 15.
And I'm freaking loving this 15things you can invest your Roth
IRA under 25 grand into andnotice how we kept manifesting
(32:45):
the word Roth.
That would be ideal.
Do not stop investing if youdon't have a Roth IRA, but, if
possible, start this wholeprocess with a Roth IRA.
You can put $7,000 in this ifyou're under age 50, $8,000 if
you're 50 or older.
Get that Roth IRA going and ifyou have a traditional IRA, you
(33:05):
might want to convert it to Rothbefore you start this process.
Because people, we want youseeing 10%, 15%, 20% returns or
more.
Because people, we want youseeing 10, 15, 20% returns or
more.
And with the rule of 72, youcan be doubling this money every
four or five years Insane.
Speaker 1 (33:18):
Yeah, and I think if you're sitting in that
traditional account, as Marksaid, you can convert to Roth,
and it's always best to convertto Roth when you have a smaller
account balance anyways.
Then work at it and grow it.
Let's get all that growth tocome out totally tax-free later
in retirement.
We love to Roth and roll here,as we say, and thanks for
everybody for hanging on thispodcast.
We wanted to get all thesedifferent ideas out there.
(33:39):
There are so many more.
That's the nice thing aboutself-directing your IRA is it's
up to you.
You can be as creative as youwant.
There's very few things youcannot buy with an IRA.
Okay, the list is limited.
We have that in other podcastepisodes, but hopefully we just
got some ideas flowing.
Speaker 2 (33:53):
Yeah, it has to be legal.
Speaker 1 (33:54):
It has to be legal.
Okay, you can't buycollectibles, life insurance and
S corporation stock.
Everything else is fair game.
Okay, we talked about privativetransaction rules too.
Just to note, you can'tpersonally be involved in
managing the asset in terms oflike the boat captain but you
can oversee it and have someoversight, of course.
So, again, hopefully there'ssome great ideas for you to
start thinking about things youcan be investing in and gives
(34:17):
you another step in the rightdirection of taking control of
your retirement Absolutely, andwe're going to see all of you at
the Alt Asset Summit.
Speaker 2 (34:26):
It is absolutely critical you're there.
I'm not kidding If you want tosee bigger returns in your
retirement account, you've gotto be there to come just hang
out with people doing this.
I meet someone every time whereI'm like, holy crap, you're
doing right.
Speaker 1 (34:41):
Don't you?
I know it's always crazy Someof the stuff you hear people
investing in.
They're having success and it'salways like the great ideas
that you get there from whatother people are doing and it's
real too.
It's also not like this, likeideas and just like you could do
this or you could do that.
No, there's people that aredoing this like already, and
lots of accounts that we haveare very successful people.
(35:02):
If you're a directed IRAcustomer, make sure you're there
, in particular, because we'rehaving a little customer
appreciation event on Thursdaywith some of our most successful
clients, some with seven andeight figure accounts that you
can hear from that have donecrazy little deals like this for
25K themselves.
So, and if you don't have anaccount at Directed IRA, get on
it.
Open one up so you can come tothat little special session.
Speaker 2 (35:23):
See everyone next week for another episode.
I think it's open forum nextweek.
Please get to the website aswell.
Check out the link below andsubmit your questions.
We as well.
Check out the link below andsubmit your questions.
We'd love to have anopportunity to answer any of
your questions from today.
See you next week and thank youeveryone for listening.
A quick disclaimer and reminderthis presentation does not
(35:44):
constitute an attorney or CPAclient relationship and it is
always in your best interest toconsult competent legal and tax
professionals when conductingyour own personal transactions.
Speaker 1 (35:52):
We also want to make sure you know this is not
investment advice or financialadvice.
We're just trying to give youeducation, ideas and strategies
you can take to yourprofessionals or conduct your
own research on.
We'll see you next time.
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