IRA Wealth: Revolutionary Strategies for »

Patrick W. Rice is an investment columnist for publications such as American City Business Journals (a distributor to forty-one business journals nationwide), IRAresource.com (the leading IRA and real estate site on the internet), Golf.com (150,000 hits per day), and Bankrate.com. Each year, he speaks at real estate conventions across the nation on the subject of IRAs and real estate. He has strong regional news connections in the northwest, all of which are likely to be interested in publicizing this book. Combined, this coverage would reach another million potential readers of IRA Wealth. In addition, through twenty-three years in the field, Pat Rice has developed close ties with IRA administrators throughout the nation.

Jennifer Dirks has covered personal finance and real estate issues as a staff reporter at The Seattle Times, The Columbian (named "Best in Business" for reporting in 1999), and the Vancouver Business Journal; and as a stringer for Office.com, The Oregonian, Emerging Business magazine, and several in-flight magazines. In 2001, she won the U.S. Small Business Administration's Oregon "Journalist of the Year" award, as well as the national "Journalist of the Year" award. Combined, these news avenues reach nearly 6 million people.

For decades, banks and brokerage houses have effectively convinced us that IRA holdings can be invested only in stocks or bonds. Unfortunately, with the sharp decline in the stock market and the bottoming out of interest rates, most of us could only stand by and watch as our retirement savings lost their accumulated value. Few knew that there was a viable investment alternative that offered both safety and incredible growth. That alternative, which banks and stockbrokers don't want you to know about, is real estate. That's right. Contrary to what you may have believed, it is perfectly legal to hold real estate investments in an IRA account--and to enjoy unprecedented returns.

Now you can learn the secrets of successfully buying, selling, or accumulating real estate products within your IRA account. For over ten years, IRA investment expert Patrick W. Rice has taught thousands of men and women his revolutionary strategies for using an IRA account to create wealth based upon real estate. In his new book, Mr. Rice shares these moneymaking strategies with you. He first teaches you how to turn your IRA into an account that can deal in real estate-oriented transactions. He then details the many ways in which real estate products can make you rich--including holding mortgages, acquiring notes, buying foreclosures, building shopping centers, and providing leases. Mr. Rice offers a wide variety of strategies for both the aggressive investor looking for high returns, and the conservative investor interested in a steady stream of income from a secured asset. And because IRAs provide a tax-free environment, your investments will earn you even more money.

Although it may be a little late to avoid the volatility of the stock market, the lesson has been simple: Don't put all your eggs in one basket. Patrick Rice now offers you an entirely new basket to consider--a basket that may, in fact, hold golden eggs for a bright and rewarding future. Here is a book that hard-working Americans cannot afford to miss.

Library Journal

Real estate investment adviser Rice teams up with business journalist Dirks for this introductory guide to retirement investing in real estate. In straightforward language, they explain how to buy properties, invest in notes and mortgages, speculate on real estate options, and assemble a team of professional advisers such as real estate brokers, attorneys, accountants, and IRA administrators. Dozens of scenarios illustrate how various types of real estate investments work. While the authors don't leave out discussions of risk, they do argue that with proper research and analysis, real estate investments can beat other investments both in terms of appreciation and of safety. The authors also provide general guidance on the mechanics of various types of IRAs and how to manage distributions at retirement. A good starting point on the subject recommended for all public libraries with collections on investing and real estate.-Lawrence R. Maxted, Gannon Univ., Erie, PA Copyright 2003 Reed Business Information.