#17- Things You Didn't Know About Self-Directed IRA's With Larissa Greene

In this insightful episode, Lissa Green breaks down the fundamentals and advanced strategies behind self-directed IRAs (SDIRAs). From how to get started with small balances, to using IRAs for real estate, notes, precious metals, and even business ownership — Lissa explains the do’s, don’ts, and creative possibilities for investors. She also clarifies common misconceptions and outlines what new investors should know to confidently build wealth through retirement accounts.1. Intro to Self-Directed IRAs & Lissa’s Background0:01 – 3:50Lissa shares her 13-year journey at Advanta IRA, the basics of what a self-directed IRA is, and how she got into the field through back-office operations and education.2. When & How to Start an IRA (Even with Low Funds)3:51 – 6:30They discuss how people with modest income can begin investing early, contribution limits, and how small balances can still be put to work over time.3. Creative Ways to Invest with Small IRA Balances6:31 – 9:18Lissa details investment strategies for smaller IRA accounts — including precious metals, angel investing, crowdfunding, and partnering with other accounts or friends.4. Notes, Lawsuits, Due Diligence, and Legal Gray Areas9:19 – 16:11She dives into note investing (first, second, and third positions), how to handle litigation if something goes wrong, and important legal boundaries around disqualified persons and IRA compliance.5. Fees, Setup, ROBS Plans & Final Tips16:12 – End (26:54)They cover account setup fees, transferring funds, investment titling, how to avoid paperwork errors, and advanced tactics like ROBS (Rollover for Business Startups) for using retirement funds to launch businesses.Learn More nytfire.comText 📱 210-972-1842 Help support the show. https://podcasters.spotify.com/pod/show/nytfire/support