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CFD 270 - [REPLAY] Episode 161 - Don’t let your IRA be so lazy! Put it to work creating cashflow…
🔍 GET THE STR INSIGHTS THAT CREATED 7-FIGURE HOSTS
After managing 400+ units and helping STR hosts in 17 countries achieve $800+ monthly net income per bedroom, I'm sharing my best strategies - free.
Every Monday and Thursday, you'll get:
✓ One actionable STR automation strategy
✓ Data-driven market insights that matter
✓ Implementation frameworks that work
✓ Real case studies from our 20,000+ community
No fluff. No theory. Just proven systems from my living room "office" (fueled by Celsius and Chick-fil-A).
These are the exact insights that help our community achieve:
• 30%+ profit margins
• 80% automated guest communication
• 5+ hours saved weekly
👉 Join 20,000+ successful STR hosts at https://newsletter.cashflowdiary.com/welcome
Now, let's dive into today's episode...
Did you know you can use some types of IRA accounts for
investing purposes? Like a self-directed IRA, where you get to make
your own decisions about how the money in your account is used.
That means your IRA gets to invest in Real Estate transactions and
in businesses. But before you rush to your IRA manager, take a
breath and educate yourself a little. As with any IRA there are
rules and prohibited transactions. That’s what this incredibly
informative Cash Flow Diary podcast episode covers. Taken from a
live webinar featuring J. Massey and Udirect’s very own Kaaren
Hall that we recorded at the end of 2014, this episode promises
to give you much of what you need to know about the power of using
a self-directed IRA. Take notes as Kaaren talks about “sweat
equity” and how the IRS says you cannot “over-contribute sweat
equity” in a property in which the IRA invests. That means you
cannot be the one to swing a hammer in the rehab process. You can’t
get your hands dirty doing any of the improvements. Kaaren also
explains in depth about prohibited transactions, for example, you
can’t always do business with relatives, family members or even
in-laws. There are good reasons for this ruling. If you want to
avoid legal hot water, you need to learn how to manage your self-directed IRA.
There are many grey areas. You need to be very clear on using an
IRA for investing purposes. The great news is that you absolutely
can use your IRA and it’s a smart way to create much brighter,
financially fit golden years. Learn more.
🏠 Want to Join the Elite 10% of Short-Term Rental Hosts?
Dear Future Top Performer,
Are you tired of working harder instead of smarter in your STR business? Here's a wake-up call: The most successful hosts aren't grinding 24/7 – they're leveraging a proven formula that transforms average properties into profit powerhouses.
Let me share something game-changing with you...
There's a simple yet powerful equation that's revolutionizing the STR industry:
L × C × F × M = GP
This isn't just another fancy acronym – it's the exact blueprint top performers use to:
• Generate consistent leads without burning out
• Convert browsers into eager bookers
• Maximize guest frequency (hello, repeat customers!)
• Amplify their margins while others race to the bottom
Right now, you're probably leaving thousands on the table. The truth? 80% of your potential profits are locked behind just 20% of the right actions.
Ready to stop bleeding money and start leading the pack?
Join our newsletter today and get weekly insights that will help you:
✓ Master the Growth Formula
✓ Optimize your listing for maximum visibility
✓ Create an irresistible guest experience
✓ Scale your business the smart way
Don't let another day pass watching others succeed while you're stuck in the grind.
👉 Click here to join the newsletter and start your journey to the top 10%!
View all episodes
By J. Massey
4.8
201201 ratings
🔍 GET THE STR INSIGHTS THAT CREATED 7-FIGURE HOSTS
After managing 400+ units and helping STR hosts in 17 countries achieve $800+ monthly net income per bedroom, I'm sharing my best strategies - free.
Every Monday and Thursday, you'll get:
✓ One actionable STR automation strategy
✓ Data-driven market insights that matter
✓ Implementation frameworks that work
✓ Real case studies from our 20,000+ community
No fluff. No theory. Just proven systems from my living room "office" (fueled by Celsius and Chick-fil-A).
These are the exact insights that help our community achieve:
• 30%+ profit margins
• 80% automated guest communication
• 5+ hours saved weekly
👉 Join 20,000+ successful STR hosts at https://newsletter.cashflowdiary.com/welcome
Now, let's dive into today's episode...
Did you know you can use some types of IRA accounts for
investing purposes? Like a self-directed IRA, where you get to make
your own decisions about how the money in your account is used.
That means your IRA gets to invest in Real Estate transactions and
in businesses. But before you rush to your IRA manager, take a
breath and educate yourself a little. As with any IRA there are
rules and prohibited transactions. That’s what this incredibly
informative Cash Flow Diary podcast episode covers. Taken from a
live webinar featuring J. Massey and Udirect’s very own Kaaren
Hall that we recorded at the end of 2014, this episode promises
to give you much of what you need to know about the power of using
a self-directed IRA. Take notes as Kaaren talks about “sweat
equity” and how the IRS says you cannot “over-contribute sweat
equity” in a property in which the IRA invests. That means you
cannot be the one to swing a hammer in the rehab process. You can’t
get your hands dirty doing any of the improvements. Kaaren also
explains in depth about prohibited transactions, for example, you
can’t always do business with relatives, family members or even
in-laws. There are good reasons for this ruling. If you want to
avoid legal hot water, you need to learn how to manage your self-directed IRA.
There are many grey areas. You need to be very clear on using an
IRA for investing purposes. The great news is that you absolutely
can use your IRA and it’s a smart way to create much brighter,
financially fit golden years. Learn more.
🏠 Want to Join the Elite 10% of Short-Term Rental Hosts?
Dear Future Top Performer,
Are you tired of working harder instead of smarter in your STR business? Here's a wake-up call: The most successful hosts aren't grinding 24/7 – they're leveraging a proven formula that transforms average properties into profit powerhouses.
Let me share something game-changing with you...
There's a simple yet powerful equation that's revolutionizing the STR industry:
L × C × F × M = GP
This isn't just another fancy acronym – it's the exact blueprint top performers use to:
• Generate consistent leads without burning out
• Convert browsers into eager bookers
• Maximize guest frequency (hello, repeat customers!)
• Amplify their margins while others race to the bottom
Right now, you're probably leaving thousands on the table. The truth? 80% of your potential profits are locked behind just 20% of the right actions.
Ready to stop bleeding money and start leading the pack?
Join our newsletter today and get weekly insights that will help you:
✓ Master the Growth Formula
✓ Optimize your listing for maximum visibility
✓ Create an irresistible guest experience
✓ Scale your business the smart way
Don't let another day pass watching others succeed while you're stuck in the grind.
👉 Click here to join the newsletter and start your journey to the top 10%!