One of the favored investments of Self Directed IRA account holders is buying and selling fixer uppers. Fixer uppers allow you to maximize your investment via property flipping. If you choose to flip properties via your Self Directed IRA account, following are three things to keep in mind.

Self-Directed IRA LLC - Self Directed IRA: 3 Tips for Maximizing Profits When Flipping Fixer Uppers

Handyman specials, also known as fixer uppers, make great long-term investments if the proper research is done beforehand. As real estate is perhaps one of the most predictable investments you an make when compared to investing in stocks, for example, doing your homework practically guarantees success if you keep the following in mind.

Location, location, location: Maximizing your Self Directed IRA investment begins with choosing the right location. In real estate, location is everything. As Realtors are fond of saying, you can fix the house, but you can't fix the neighborhood. So, start your search by choosing a location with good schools, appreciating property values, a stable city government, etc.

Invest with the needs of the buyer in mind. This means good schools, properties that are appreciating in value, an active local government, etc…

Cosmetic Renovations: Where possible, choose properties that need as little work as possible. This is especially true if you are just starting out. After all, you're using the monies from your self-directed IRA LLC - Self Directed IRA account to increase your portfolio's value. Don't fall in love with the wrong property and overspend to buy it, or fix it. This is a business investment - nothing more, nothing less. Never forget that.

Call on a Rehab Specialist: Because it is your money coming out of your self-directed IRA LLC - Self Directed IRA account, you should team up with a rehab specialist to inspect properties before buying. They can assess the structure soundness and give you an idea on what it will really cost to fix it. If you truly want to grow your Self Directed IRA portfolio buying and selling fixer uppers, this is one of the most astute moves you can make.