I've been heads down since late May reading books on RE investing - especially from arebelspy's
RE Reading List .
BUT not exactly what I've been looking for. I've done SFH investing for many years, and now I'm trying to get good deep-dive information on two topics:
1) Note investing - buying mortgage paper (promissory notes) and getting higher rates of return than the stock market, and
2) RE Investing via a Self-Directed Retirement Account with a checkbook LLC (in my case, most likely a SD solo Roth IRA).
I've read through some fairly self-promotional books on the topics, with two more to go (so more on this topic in 2 weeks?). BUT... this week I found a really good on-line book resource that puts all the pieces together:
The Insider's Guide to Tax-Free Real Estate: Retire Rich Using Your IRA by Diane Kennedy and Dolf de Roos
[available online via library.books24x7.com]
Best chapter for me was Chapter 10: The Nuts & Bolts of Setting up, Maintaining, and Running your IRA or Tax-Free LLC.
I will note a couple of issues I had with it:
a.) I've read other books by Dolf de Roos, and they're largely of the self-promotional variety - even so, I recommend this one in spite of his other books for its organization and content.
b.) The book is 10 years old, and has some outdated info (such as IRA contribution limits for 2005/2006, etc).
c.) In discussing the possible ways to withdraw funds from IRA/Roth IRA before 59-1/2, they completely missed the 5 year IRA conversion ladder withdrawals as spelled out so well by MadFIentist (in the IRA Conversion Ladder discussions).
As for Note Investing, BiggerPockets.com has good information. One of the best tips was:
Find a note you like at one of the note databases (like FCIexchange.com, AmericanNoteWarehouse.com, or the many others), buy one, and try it out for yourself.
Anyone else have a favorite book or deep-dive resource(s) on Self-Directed IRA's and checkbook LLC's?