Self Directed Investor Talk: Alternative Asset Investing Through Self-directed Ira's & Solo 401k's

QUICK! What Do You Do With a $1.2 Million Windfall? | Episode 161

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Sinopsis

QUICK!  When $1.2 million drops in your lap, how do you invest it?  I’m Bryan Ellis.  I’ll tell you exactly how RIGHT NOW in episode #161.----Hello SDI Nation!  Welcome to the podcast of record for savvy self-directed investors like you!What would you do if $1.2M in investment capital just dropped in your lap?  That’s what happened to Ted, a listener to this show who recently completed the sale of one of his businesses and now has a cool $1.2 million of after-tax money just sitting there, waiting to be deployed.Ted is a VERY SMART GUY.  Brain surgeon level.But for Ted – like so many other people who are very successful in their own fields of endeavor – well, when it comes to investing, his logic turns off.So Ted called me up and said:  Bryan, I’ve got $1.2M.  I’ve heard you talking a lot about these little houses in Birmingham that I can buy for under $60,000 each.  And that are yielding net returns of 10-15%.  My calculations say that I could buy 20 of them and would immediately have a net income of at least