Matt Sorenson is a lawyer who works with investors, is the author of The Self-Directed IRA Handbook, and is the CEO of Directed IRA. Matt is talking about how to use a self-directed IRA, the most underutilized tool, to invest in real estate and why everyone should know about this life hack. When you invest with your retirement account, there are lots of nuances that follow, so Matt is talking us through what it’s like to buy a property with a self-directed IRA. On the legal side of life, Matt is talking about how to work the tax benefits for new and experienced STR investors. Matt sees tons of real estate investors, and is sharing what things he sees that makes people the most successful, like knowing yourself and how you operate. Listen in for these blue gems and more from Matt Sorenson.

Connect with Matt

https://directedira.com/

https://matsorensen.com/

https://kkoslawyers.com/

Blue Gems Management:https://bluegemsmgmt.co/

STR Meetup: https://bluegemsgroup.com/

[00:00] Episode teaser

[00:34] Show intro

[01:08] Welcome to Matt Sorenson

[01:17] What is Matt’s expertise and background?

[02:31] Utilizing a self-directed IRA to invest

[05:06] Traditional real estate transaction vs. an IRA transaction

[10:52] What are the rates like?

[11:21] Recommendations for new investors in the legal realm

[15:00] The operation side of life

[17:01] Why 40k?

[18:36] How many LLCs should I have?

[22:21] Pros and cons of having a holding company

[29:02] Blue Gems Management

[29:28] Legal and tax advice for new STR investors

[33:54] The #1 trend for top performing real estate investors

[38:00] One last blue gem

[39:24] Where to find Matt

[40:58] Outro