投資土地的利潤與風險—王先生的故事

land-banking

一個中國家庭中,儘管一對夫妻不大富大貴,他們也都希望離開這個世界之前,再怎麼窮苦,也要能夠為子女留下一點房產,那怕是一塊現在處於荒山野地里,不值錢的土地,只要兒女能夠傳宗接代,守得住房產,反正世界只有一個地球,終於有一天會輪到它增值的時候吧。 Tennis Nike 至少總算對兒女有個交代。 Asics Chaussures chaussure Asics Gel-Lyte III
聽說古時候還有人把銀子埋在自己的土地里,可見土地也給中國人帶來一種「安全感」。 Chaussures Nike 事實上,據我所知,現代美國的中國人社區里,還有人不放心把錢存在銀行,反而累積大量鈔票在房子里。 Adidas soldes
投資土地不僅要有眼光,還要像釣魚那樣有耐心,而且還要懂得分析風險。 oakley radar path 當然,投資也一樣像釣魚,要挑對地點,否則等一輩子也恐怕沒有魚兒來吃餌。 nike air max 2017 goedkoop 但是比起股票來說,它應該是安全得多了。 chaussures de foot umbro
以王先生的故事為例:他出生在台灣,50年前移民美國,王先生可算是我一生中遇過最深信「有土斯有財」這個觀念的人士,他尤其熱愛投資空地,說他口袋里的每一分每一毛錢都投回到土地,一點都不誇張,曾經有位白人律師諷刺說他是「Property Rich Cash Poor。其意思是,從土地上來看,他才能算是腰纏萬貫,但是從他身上所攜帶的現款來看,他是一個窮光蛋。 Adidas Homme

王先生向來喜歡購買多塊小空地,他懂得如何分散投資的風險,個個空地都是經過精挑細選的,這些地的特點是絕大多數處於尚未開發區,但順著人口成長的路徑,所挑中的空地,都是有待將來被開發商發掘的,所採取的策略是按兵不動十年以上,那樣做才能夠以偏低的價錢買進,指望將來該地被開發商看上,可以翻倍高價賣出。 asics uk
王先生最早投資土地是在1972ugg classic tall nike air max 2016 goedkoop 他在一條高速公路旁购買10英畂的空地,他以两萬元買進。 UGG Kids Outlet Soldes Nike Pas Cher 當時其四面八方都是「鳥不生蛋」之未開發空地。 Asics authentique 他果然很有眼光,也頗具有耐心,六年之後,離開該地两英里左右的地點興建了一棟三層樓的酒店和十多間商店。 Ray Ban pas cher 該空地最終於在1978年,在未開發的狀況下,他以二十萬元的價賣給一位投資者。六年土地增值十倍。 nike air max norge

自古以來,「有土斯有財」這個觀念,在中國傳統思想中可以說是根深蒂固的了。 lunette de soleil soldes 它的意思是說,一個人有了土地或房產,才能算是真正的佣有了自己的財富。 air jordan pour homme pas cher 世界上很多富豪建立財富的密訣,何嘗不是以投資土地為根基的。

How to Use a Self-Directed IRA to Buy Real Estate

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Published May 08, 2012

FOXBusiness

  • House Real Estate 02
    Reuters

Difficult economic times have spurred non-traditional methods to save for retirement, and many people are using a self-directed IRA to purchase non-traded assets like real estate.

A self-directed IRA is the lesser known of IRA options and requires account owners to make active investments on behalf of the plan. asics gold To open one, an owner must hire a trustree or custodian to hold the IRA assets and be responsible for administering the account and filing required documents with the IRS.

Similar to other IRA accounts, owners can invest in stocks, bonds and mutual funds, but they can also invest in things that investment houses like Charles Schwabb, Fidelity and Vanguard don’t offer, like small businesses, boat slips, storage units, parking lots, land and homes.

Investors may still be leery of investing in the housing market, but real estate investor Scott FladHammer, says real estate can be a good long-term investment and generate higher returns than the stock market.

Investing in real-estate also provides a lot of options. asics pink “Owning real estate can be very rewarding, especially for people who are investing in what they know,” says Amy Gates, an independent advisor offering investment for Trust Advisory Group.

But the process of using a self-directed IRA to jump into investing in real estate requires preparation and caution.

“The move can make sense in certain circumstances, but only when the investor fully understands both the positives and negatives and the requirements involved,” cautions Ken Himmler, president of Los Angeles-based wealth management firm Integrated Asset Management.

Interested investors should seek legal advice, as well as input from an accountant and real estate agent for a well-rounded picture. nike air max 90 homme They should also be familiar with the rules for the type of IRA they’re using. oakley ca Whether it is a Simple IRA, Roth or Traditional IRA, SEP or Solo 401(k), contribution limits still apply, and there are penalties for early withdrawals.

Here are five things to keep in mind when considering investing in real estate through a self-directed IRA.

It takes time. asics pink Nike Pas Cher Gates advises devising a timeline based on the account-opening process, transferring or rollover of assets and finding the actual investment.

It normally takes two to three weeks to open an account at a typical brokerage firm, and you’ll need to find a custodian who will hold real estate inside an IRA. asics chaussures Chaussures Asics Femme The down payment must come from IRA funds, so rollovers may be required.

When a real estate investment is contracted, the IRA account holder reviews and signs the purchase agreement and then the custodian must approve it and release of funds to the title company. Adidas Pas Cher Goedkoop Air Max Nike All of this takes time, so it’s prudent to learn as much as you can before jumping into a decision.

You cannot take advantage of IRA investments until you retire. air max 1 pas cher You can’t use the fund to pay off your mortgage or live in or use the property you buy as an investment in the self-directed IRA.

“You buy it because it is anticipated to appreciate in value, plain and simple,” Gates says. ugg bailey bow for sale Chaussure Asics Gel Noosa Tri 11 You also lose the depreciation tax deduction that you would otherwise receive on an investment property.

Your spouse, immediate families or companies you have a 50% interest in cannot be involved. While it is possible for the property to be held as tenants in common, an IRA is an individual account—and you must avoid any conflicts of interest.

Self-dealing or enabling a transaction that is beneficial to you on the other end is strictly prohibited. cheap jordans uk lunette de soleil ray ban pas cher You also cannot use the IRA as collateral for a loan; it should be treated like other retirement accounts.

It’s a lot of work. “While late-night infomercials highlight the potential benefits, many investors don’t fully appreciate or understand the reporting and administrative requirements involved in using a self-directed IRA to buy real estate,” according to Himmler. nike air maxschoenen For example, the investor should not be doing the work on the property, especially because he can’t get reimbursed.

All expenses, maintenance, taxes and insurance are paid from the IRA. adidas yeezy boost Adidas Pas Chere If there are association dues or golf memberships, those all must be withdrawn from the IRA. Mochilas Kanken No.2 Finding tenants and contractors may take time, and every penny in and out must be approved by the custodian. FladHammer recommends having a reputable property management company in place to navigate the day-to-day duties.

All income from the property is tax deferred. That includes rental income and capital gains, Gates says. ADIDAS PURE BOOST nike air max 1 pas cher If you plan to be in a lower tax bracket at retirement, this is quite beneficial.

“Land Banking”: Discover This Old Secret for Creating

 

 

Land_Banking_The_Key_to_Wealth1306477624

“All a man has to do to get rich in America is find out where people are going, get there first and buy land.”
— Gen. Douglas MacArthur
Bob Hope, the great American comedian and Hollywood star, was actually born in England. He once quipped, “I left England at the age of 4 when I found out I couldn’t be king.”
He struggled early to make it in showbiz. “Before long, I was in debt. Nike Air Max 2016 Dames roze shirt-tshirt I had holes in my shoes, and I was eating doughnuts and coffee,” Hope recalled. “And when I met a friend who bought me a meal, I had forgotten whether to cut a steak with a knife or drink it out of a spoon.”
Hope, as we all know, eventually made it big-time, becoming a cherished part of Hollywood’s roster of stars. Unlike many of his peers, though, Bob Hope was a savvy investor. Baskets asics pas cher His favorite investment was land.
“Every time I found a piece of land, it turned out Bob Hope owned it,” former Palm Springs Mayor Frank Bogert once joked. “He knew the value of every damn piece of land he owned. He was smart as a whip.”
The exact amount of Hope’s real estate holdings is a matter of dispute. Depending on who’s doing the estimate, it ranged anywhere from $100-500 million. Whatever the exact amount, we know he owned plenty. Kopen nike air max schoenen His 1978 property tax bill was over $1 million.
Hope understood something that has made many people rich before and since. He understood the idea of land banking. You buy raw land ahead of development. As development moves to your land, you sell it and make a killing.
One example of land banking comes from Professional Land Corp. In 1967, you could have bought an acre of land in the San Fernando Valley in Los Angeles County for $38,000. Only 12 years later, as L.A. Hollister France air max pas cher sprawled out, your acre of land would have fetched $380,000. If you held it another 12 years, that same acre would have gone for about $2.1 million. That’s some massive wealth creation from the revaluing of land over time.
Howard Hughes was another successful land banker. According to Professional Land Corp.: “Hughes was a visionary who bought and held land in Southern California and the Las Vegas Valley.” He bought his Las Vegas Valley land well outside of the city of Las Vegas at cheap prices. That land would eventually become Summerlin, one of the most desirable planned communities in Nevada. “Howard Hughes’ landholdings made him vast fortunes during his lifetime,” PLC notes.
One other intriguing example: Roy Sakioka arrived in the U.S. from Japan as a poor immigrant and father of six children. Yet he had vision when it came to real estate development. Ray Ban Goedkoop He saw the potential of Orange County and began buying rural parcels shortly after World War II. He also seemed to have a sense for where future freeways and shopping centers would pop up next. Fjallraven Kanken Sale NO.2 He was, as PLC notes, “a master at buying land along development’s path, then waiting
until the last possible moment before selling.”
He eventually amassed some $325 million in landholdings. In 1991, Forbes included Sakioka on its list of America’s 400 richest individuals.
In researching this story, I found many examples of successful land banking. nike pas cher It seems like one of those truly timeless ways to get rich over time.
Land Banking in the Stock Market
In the stock market, there are many examples of successful land banking. I have always had a soft spot for companies that own lots of land. nike air max 2017 femme noir Maybe it comes from my banking days. Nike Air Max 2016 Dame I loved those deals in which I made a company a loan and had the company on the hook for collateral in the form of land or real estate. That way, even if things didn’t work out with the business, the value in the land could still make us whole.
It doesn’t work quite the same way with stocks, but in broad outlines, it is awfully similar. Nike Air Max 2016 Goedkoop If we can buy a company that owns a lot of land, that land can provide a ballast of value that gets us out of a deal gone bad. In the best-case scenario, it becomes a springboard to big gains.
Chris Mayer, the editor of Capital & Crisis, began his career in banking, specifically, corporate lending, after earning an MBA with a concentration in finance, He later started writing Capital & Crisis, a monthly newsletter that gave Chris’ unique brand of financial commentary a more regular and expanded format.