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    $100K To $650K in Ten Years

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    Shannon H. Ferguson
    Shannon Ferguson grew her 401k from $100,000 to over $650,000 in just 10 years by purchasing rental real estate properties with it. She took out non-recourse loans to purchase three properties worth $166,000 total, paying just $38,000 from her 401k. By 2021, she projected her portfolio would generate over $99,000 in net income and be worth over $642,000, largely due to rental income and property appreciation compounding in her self-directed 401k over the years. Her strategy allowed her to leverage her 401k to acquire income-generating real estate and grow her retirement savings significantly beyond what could be achieved through traditional stock investments.

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    $100K To $650K in Ten Years

    Uploaded by

    Shannon H. Ferguson
    46 views1 page
    Shannon Ferguson grew her 401k from $100,000 to over $650,000 in just 10 years by purchasing rental real estate properties with it. She took out non-recourse loans to purchase three properties worth $166,000 total, paying just $38,000 from her 401k. By 2021, she projected her portfolio would generate over $99,000 in net income and be worth over $642,000, largely due to rental income and property appreciation compounding in her self-directed 401k over the years. Her strategy allowed her to leverage her 401k to acquire income-generating real estate and grow her retirement savings significantly beyond what could be achieved through traditional stock investments.

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    $100K to $650K in Ten Years

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    Shannon Ferguson grew her 401k from $100,000 to over $650,000 in just 10 years by purchasing rental real estate properties with it. She took out non-recourse loans to purchase three properties worth $166,000 total, paying just $38,000 from her 401k. By 2021, she projected her portfolio would generate over $99,000 in net income and be worth over $642,000, largely due to rental income and property appreciation compounding in her self-directed 401k over the years. Her strategy allowed her to leverage her 401k to acquire income-generating real estate and grow her retirement savings significantly beyond what could be achieved through traditional stock investments.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    46 views1 page

    $100K To $650K in Ten Years

    Uploaded by

    Shannon H. Ferguson
    Shannon Ferguson grew her 401k from $100,000 to over $650,000 in just 10 years by purchasing rental real estate properties with it. She took out non-recourse loans to purchase three properties worth $166,000 total, paying just $38,000 from her 401k. By 2021, she projected her portfolio would generate over $99,000 in net income and be worth over $642,000, largely due to rental income and property appreciation compounding in her self-directed 401k over the years. Her strategy allowed her to leverage her 401k to acquire income-generating real estate and grow her retirement savings significantly beyond what could be achieved through traditional stock investments.

    Copyright:

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    SHANNON FERGUSONS $100,000 TO $650,000 IN TEN YEARS

    THIS IS MY TRUE STORY USING REAL NUMBERS. DID YOU KNOW: You can purchase rental real estate (and other hard assets) in your 401k/IRA? Your nancial advisor doesnt tell you about this because he only makes commission on the mutual funds he is instructed to sell? You can gain checkbook privileges from a self-directed 401K/IRA LLC? IF YOU ARE TIRED OF LOSING MONEY IN THE STOCK MARKET YOU OWE IT TO YOURSELF TO EXPLORE THIS POSSIBILITY ASK ME ANY QUESTIONS
    September 2011 $100,000 in my corporate 401K November 2011 January 2012

    $43,500 remaining cash in 401K LLC Immediately noticed benet of rent ($35,000 + $5,500) checks being deposited monthly into my Created a self-directed 401K LLC (could 401K account--compounding interest Granted another non-recourse loan this have structured as an IRA, as well) and time for $26,000 rolled funds into this account Decided to leverage Other Peoples Money with non-recourse nancing Purchased E. 17th St for $54,000 Purchased Vernon Ct. for $62,000. Home is insured for $180,000 replacement Took $30,000 in equity from Vernon New portfolio as follows: value Used $24,500 toward purchase of 3 houses purchased for $166,000 Norton for $50,000 $38,000 cash remaining in portfolio (and is not reected in totals below.) Monthly rents: $2,270 $5,500 back into account as cash 401K LLC portfolio as follows: Monthly nancing: $715 New portfolio as follows: One house purchased at $62,000 Projected net yield: 19.57% 2 houses purchased at $112,000 Monthly rent: $850 2021 projected net income: $99,624 Monthly rents: $1,520 Projected net yield 14.4% 2021 projected value: $642,960 Monthly nancing cost: $472 (includes rent and property 2021 projected net income: $35,000 appreciation) Projected net yield 20.4% 2021 projected value: $298,000 Finally: as my prots compound I can 2021 projected net income: $72,765 (includes rent and property purchase more rental-ready housing appreciation) 2021 projected value: $447,000 and continue to GROW my (includes rent and property portfolio past the projected appreciation) $642,960

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