#171 Leveraging Your Retirement Accounts for Real Estate, ft. Dr. Peter Kim
In this episode, Dr. Peter Kim explores how you can leverage your retirement accounts to invest in real estate. He discusses the power of compounding, the different retirement accounts, and some personal applications you can follow.
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Thank you to MLG Capital for sponsoring this weeks episode…
For 35 years, MLG Capital has excelled in intelligent real estate investments and building investor relationships. Their funds prioritize diversification, cash flow, and low leverage, offering a robust hedge against inflation. Ideal for medical professionals and other accredited investors seeking stability amid market volatility. Making smart, relationship-driven investments.
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Episode Highlights
Now, let’s look at what we discussed in this episode:
- Real Estate Investing Can Grow Tax-Free
- Different Types of Retirement Accounts
- Type of Investments or Deals You Can Make
- Practical Applications You Can Follow
- Physician Real Estate & Entrepreneurship Conference (PIMDCON)
Here’s a breakdown of how this episode unfolds.
Episode Breakdown
Real Estate Investing Can Grow Tax-Free
Peter talks about the power of compounding and tax deferral. He shares how you can benefit from the power of compounding without the burden of immediate taxes on your investment returns, allowing them to grow more efficiently.
“So why do we even like using retirement accounts? It’s because you can benefit from the power of compounding, without the impact of taxes on that money every single year.” — Dr. Peter Kim
Different Types of Retirement Accounts
Dr. Kim discusses the types of retirement accounts that can be used for real estate investing; the Self-directed IRA and Solo 401k. He further explains how you can use them to invest in direct ownership real estate, private lending, REITs, syndications, mineral rights, and other ventures.
“So a self-directed IRA, usually has a lower contribution, the reason it’s called self-directed versus an IRA, is that you’re allowed to utilize those funds and invest in alternative assets.” — Dr. Peter Kim
Type of Investments or Deals You Can Make
Peter talks about the type of deals or investments that make sense in retirement accounts. He shares the key difference between debt and equity investments along with the possibilities they provide.
“Equity investments, for example syndications, is when you actually have a share or ownership of a building either by yourself or through investing with others.” — Dr. Peter Kim
Practical Applications You Can Follow
Dr. Peter Kim shares what he does with his retirement accounts, how he tries to diversify them, and some insights as you plan on using your retirement accounts to invest in real estate.
“I’ve really tried to diversify it, create that mix of debt and equity to manage risk to optimize returns, I tried to create a portfolio of cash flowing assets outside of retirement accounts, so that I actually don’t need those retirement accounts in the future.” — Dr. Peter Kim
Physician Real Estate and Entrepreneurship Conference (PIMDCON)
Dr. Peter Kim closes by inviting everyone to join the Physician Real Estate &Entrepreneurship Conference (PIMDCON) this September 21 – 23, 2023 in Los Angeles, CA. The event is for those who want to learn more about real estate, investing, finances, passive income, entrepreneurship, and more.
“Don’t miss out on this incredible opportunity to gain valuable knowledge and insights, network with other high-achieving professionals, and take your real estate investing and entrepreneurship game to the next level.” — Dr. Peter Kim
