5 Steps To Pull Money Out Of Your 401k Tax and Penalty Free and Invest it in Real Estate

A lot of people say don't take money out of a 401k because there are fees but sometimes you can without any penalties. I'll show you what is the best case scenario and how to set it up so you can take your 401k and invest it in real estate.
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Kris Krohn is not in the business of providing personal, financial or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this document. If legal advice or other expert assistance is required, the services of competent, licensed and certified professionals should be sought. In addition, Kris Krohn does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.
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NO INVESTMENT, FINANCIAL, LEGAL OR TAX ADVICE
The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Kris Krohn is not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle.
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Mr. Krohn has a financial interest in EPIC Insurance Services, LLC (EPIC), a licensed insurance brokerage agency incorporated in New Jersey, and is compensated by EPIC. See full disclosures here: www.kriskrohn....
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[@scnager1]

Don't you need to be self employed to create a self directed 401k?

[@josefj1776]

Why would you take money out of a 401K and invest into real state that has even higher fees?? 401K fees are a lot smaller than 15 years ago.

[@zc16jnunez]

Because with real estate you can make 27x returns compared to a 401k because with real estate your properties multiply

[@josefj1776]

@@zc16jnunez nice myth. With real estate you have a 8% loan with 6% fee for buying the home. Then another 2% loan fee. Then a 10% fee from the property manager, then you have property taxes of 1-2%. Then you have Maintance, vacancy fee of having no one there, then repairs all of this makes you have no profit for 15 years.

[@zc16jnunez]

@@josefj1776 doesn’t seem like you watch this Guys videos a lot, his whole system eliminates repair fees because it’s rent to own the people living in it are incentivized to pay for their own repairs because they are going to live in it, on top of that you get a down payment on the house

[@TRC19999]

401k is a scam.

[@josefj1776]

How is it?

[@canoone1975]

@@josefj1776
He doesn’t know. Just blindly spewing nonsense.