should all consider more often as we live our day-to-day lives. But, I’ll get off my soap box and tie this back to Self-Directed IRAs now. Investors have needs that we, as Self-Directed IRA custodians, have a responsibility to meet. As more and more Ameri- cans declare they’re in search of true financial independence and looking for a means to take control of their own future, it seems that Self-Di- rected IRAs will continue to rise in popularity. But for those on the quest to self-direct, look no further than…Quest – see what I did there? At Quest Trust Company our clients are entitled to specialized service, account fees that are reasonable, funding timeframes in the shortest time possible and education of the highest quality. If you didn’t already notice, that spelled out SAFE. So make the SAFE choice and choose Quest Trust Company. We’re found- ed by investors, for investors and are constantly shaping our systems, advances and customer service around what the real investor needs.
From the basic to the unusual investment, there’s something for everyone here.” –Anne Marie Rodgers
However, I can invest in a rental property I don’t already own and hire a non-family member contractor to fix up the property all day long. These rules can certainly get com- plex, which is why we are so focused on not only educating our clients but also in educating our staff to be the best possible resource for Self-Di- rected IRA education in the industry. SELF-DIRECTED IRAS CAN LEND MONEY, MUTUALLY BENEFITING THE LENDER AND BORROWER I’ve heard Self-Directed IRAs sometimes have the nickname of a “real estate IRA,” as this is one of the most common investments people associate with this type of account. As I mentioned earlier, real estate is really just the tip of the iceberg. One of the most common investments we see our clients do at Quest is lending money out of their IRAs to other investors. You might be thinking, “I would never lend my 4 retirement account to someone,” but if you think about it, banks do it all the time. With the proper due diligence and mutual understanding, private lending can be a great way to passively get involved in real estate without the active management of the toilets, tenants and details that it takes to manage real estate. It goes without saying what the benefit is to the borrower, but essentially,
privately borrowing funds creates your own private bank where you can negotiate the terms of your loan to fit your needs. Imagine having access to almost an unlimited supply of funds available to you for fund- ing all of your deals. Sounds pretty enticing, right? For lenders, imagine being able to have a relatively secure investment, the ability to negotiate the terms of the deal upfront and the peace of mind that you’re perhaps improving the community by lending money to a real estate investor look- ing to fix up a property. It’s great to make profit off of an investment, but it’s an even better feeling to make profit and do good at the same time. That’s the type of investment I can really get behind. 5 NOT ALL SELF-DIRECTED IRA CUSTODIANS ARE CREATED EQUAL If you think back in the deep recesses of your mind, you might be able to vaguely picture your ele- mentary history teacher writing on the chalkboard and teaching on the Declaration of Independence. I might be grasping here, I didn’t go to elementary school in the United States – ha! Learned something new about me. But, undoubtedly you’ve heard that all men (and women) are created equal and we’re all enti- tled to life, liberty and the pursuit of happiness – a true statement we
Anne Marie joined Quest Trust Company in 2013 and currently serves as Sales Officer. After graduating from St. Edward’s University, Anne Marie pursued
a position as an IRA Specialist and in 2014, received the designation of Certified IRA Services Professional from the Institute of Certified Bankers. In 2020, Anne Marie received the Think Realty Honors Award for Real Estate Investing Services and was featured on the 2021 cover of the Think Realty magazine, as a woman to watch in the industry. Anne Marie is one of the lead female educators at Quest Trust Company, with a passion for making the topic of saving and investing fun and approachable, even for the newest investor on the block. She loves to teach people how to take control of their retirement through her experience at Quest and from personal experience doing her own note investments starting in her early 20s. Born in Australia and holding dual citizenship in both Australia and the United States, Anne Marie loves to spend any spare time exploring new places with her husband.
INVESTOR REV I EW : : 5
Made with FlippingBook Online newsletter