Getting Into Real Estate

The world offers many investing options. These investments range from conservative to risky. All individuals want to invest in something that will give them a return not a loss.

This is why many people are having a hard time investing with the current economy. Having the stock market and bonds plummet in their value makes individuals nervous. There are investments that are more successful in inflation than others.

Two of these options are precious metals and real estate. When inflation hit, the real estate market’s value dropped dramatically. This was bad for homeowners who wanted to sell, but now it is the perfect buyers market.

Individuals can even invest in real estate through their self directed IRA. This way the profits or rent that they receive through their real estate investment is saved for retirement. There are different types of real estate that can be bought with this IRA.

One type of property that can be invested into is an apartment complex. Individuals can renovate the complex and rent it or turn and sell it for a profit. It is important that all individuals know that the money from the apartment go straight into the self directed IRA.

Any money that is used for a personal benefit will disqualify the real estate investment from the IRA. The money can be used to fix up the property, but not for personal use. It can even be used to buy more real estate properties.

The self directed IRA has many regulations. One regulation for real estate investing is that the owner and his or her family cannot live in or on the property. If this does happen, then the investment is disqualified.

If there are any questions, investors can go to their custodians for clarification. One of the most important things is that the custodian be involved in purchasing the property from the beginning. The property will not count as an investment in the self directed IRA if the custodian is not involved.

NAFEP (The National Association of Financial and Estate Planning) is a leading provider of self directed IRA and self directed 401k products, administrative and custodial services.

Saving During Inflation

The current economy’s inflation makes it hard for individuals to invest. They fear that the economy is too unstable and that their investments will decrease in value. This would cause them to loose their retirement savings.

Inflation begins when printed money is produced in mass amounts. While the money supply increases, the demand for goods and services has stayed the same. The result is an increase in the price of goods and service to keep up with the money supply.

Inflation is a viscous cycle that is hard to stop. Many Americans want a safe investment option to protect their money. One safe option is to use a self directed IRA.

Safe investments are ones that hold their value during a time of inflation. Examples of possible safe investments are land, oil, gold, silver, and real estate. The self directed IRA offers many of these investing options.

Once the inflation hit this time, the housing market plummeted in value. Now is the time to buy real estate at a low value, hold onto it, and then sell it in five to ten years. Buying real estate in a self directed IRA is very possible.

Gold and silver is the safest investment. Each of them holds their value and has actually increased it over time. Both gold and silver have always been in demand.

Silver is the optimal choice. It currently is about $16 an ounce, but it will increase in about five years to $100 an ounce. The silver can be bought at a low price now and then sold for a large profit.

Silver is more rare above ground than gold because it is used in so many industries. It is used in electronics, batteries, solar panels, and so much more. If silver is invested through a self directed IRA, then the profit will be saved and gain interest until the individual retires.

NAFEP (The National Association of Financial and Estate Planning) is a leading provider of self directed IRA and self directed 401k products, administrative and custodial services.

Debt Relief – What Should You Do If You’re A Victim Of Fraud

If you’re a victim of fraud or misrepresentation, you won’t be responsible for the debt. However, it’s important to know what your options are once it occurs. General consumer protection laws (UDAP) may let you cancel the contract, stop paying, or request a refund. If you never paid money towards the debt or are being sued by a creditor or collection agency, you can use the UDAP laws as your defense.

Another option would be to consult with an attorney about suing the seller. But before you initiate legal proceedings, send the seller a demand letter explaining the problem and ask for your money back. Make copies of all original letters and be sure not to forward originals of any supporting documentation like the contract, receipts, or canceled checks. If you don’t receive a response from the seller or get what you want, your letter along with the supporting paperwork should be used as evidence in your lawsuit. If the amount is low, you may be able to do it yourself in small claims court. For larger amounts, you’ll probably wants the assistance of an attorney. Check with your state’s laws for specific requirements.

If you don’t get results with your initial letter, you can also file a complaint with the appropriate government agency. Check with your local or state prosecutor’s office for a referral to the appropriate agency. Most businesses devote more attention and care to complaints generated from a higher governing authority. The employee assigned to handle your complaint will most likely have the power to negotiate a resolution or refund.

Regardless if you decide to follow through with litigation, it’s always a good idea to report the issue to the appropriate government agency. As more complaints filter in overtime, the government agency will most likely take action against the business. This would save other future consumers from being ripped off.

The best method to get a government agency to take action is by completing the agency’s standard complaint form. If you only submitted a copy of the demand letter you mailed to the merchant, the agency will not take action without allowing the merchant an opportunity to correct the problem. When you submit a formal complaint with an agency, they’ll issue a formal investigation requesting the business respond to the allegations.

Make sure you include copies of originals of all receipts, agreements, warranties, service contracts, ads, and other supporting evidence. If you have a log of your phone calls showing your efforts to work out the problem, be sure to include these. Be sure to make copies of all paperwork submitted to the agency. You should also send the business a copy of your agency complaint.

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