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As soon as Brad from Indiana heard about self-directed IRAs at an Equity Trust educational event in his area, he recalls, “I was hooked. It was really a no-brainer.”
Brad learned at the seminar that self-directed IRAs allowed him to use his retirement funds to invest in alternatives to the stock market such as real estate, raw land, promissory notes, and tax liens, to name a few. He immediately opened an account after the event and set out to learn as much as he could about alternative investments, specifically tax lien auctions.
After watching webinars and researching on the internet, he decided he would attend his first county tax lien sale. In his first Equity Trust self-directed investment, Brad netted approximately $92,000.
“I had done a lot of research before the sale and flagged this particular property as something I was interested in,” he says, adding “The land that was up for sale was on a very busy street next to a major hospital in Indianapolis.”