Kanoa and Luis interview Darrell Graham regarding the Rosarito Real Estate market conditions and how the business is moving forward despite the current situation with COVID-19.
We are so excited to announce that one of our top agents at Baja123.com is going to be featured in House Hunters International this 4th of July.
Darrell Graham is one of the Baja123.com Rosarito Beach Real Estate Top Agents and we are very happy that the HGTV television show chose him to show to the world one of the wonderful neighborhoods in our city Castillos del Mar.
Don’t miss the opportunity to see this July 4th episode in the HGTV Channel, it’s gonna be awesome to see Darrell’s on TV!
Baja Five-0 from Baja123.com Talked About Rosarito Real Estate and the Rosarito Beach Lifestyle
Darrell Graham and Gordon Brown are lifelong friends and this time, they shared to Baja123.com their experiences living and working in Rosarito Beach.
Both have similar ideas and their backgrounds as police officers make their clients feel secure and trust real estate agents with integrity and pride to do confident transactions.
Invest in Mexico. Use your IRA (Individual Retirement Account) retirement savings to purchase an investment property without creating a taxable event! Put your IRA money to work now. This money can be used to purchase investment properties. Any investment property that actually earns income qualifies. Owner-occupied properties will not work.
American banks will not finance on properties in Mexico. Financing options in Mexico have very high-interest rates with short terms of only 5-10 years result in high mortgages payments. This is a perfect solution to purchase properties in Mexico.
- Setup the U.S. government/IRS approved “custodian” account and roll over the funds into this account. Then, the “custodian” provides a check to this bank account for the LLC which is used to buy the property.
- As rental income is paid, it will be deposited into this bank account. The account owner can then, write checks to the “custodian” account. This cash can roll over into any approved IRA brokerage accounts such as Schwab, Merrill Lynch, etc. Then, these funds can be invested in securities.
- Most investors are not aware of the fact that they may use an eligible retirement plan to invest in real estate of any kind.
- Eligible retirement plans for this purpose are any type of IRA (Traditional, Rollover, SEP, ROTH, etc.) and 401k or 403b plans (or any other defined contribution plan) held with a former employer.