Robert Leonard chats with Bill Neville in this two-part series to talk about self-directed IRAs (SDIRAs) and how it is different from a normal IRA; who is a good candidate for an SDIRA; what the most common investments, rules, and laws are when using SDIRAs; what Peter Thiel did to amass a fortune using an SDIRA, and much, much more! Bill Neville joined The Entrust Group over ten years ago through his initial role as Manager of Operations for the company’s franchise program. When the program was discontinued, Bill stepped up to the task of managing the Compliance and Internal Audit departments. With a keen eye for detail and gaining valuable insights into the IRA industry, he kept Entrust’s educational programs and internal processes in line with industry regulations. Bill actively takes pride in the company’s growth and success, and is currently the Business Development Manager for Entrust’s San Francisco Bay Area office. IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 04:36 - What a self-directed IRA (SDIRA) is and how it is different from a normal IRA  07:15 - How the self-directed IRA (SDIRA) rate is different from a 401(k) 11:26 - Misinformation about self-directed IRAs (SDIRA) 13:22 - What you can and can’t buy with self-directed IRAs (SDIRA) 16:16 - Investing in equity crowdfunding using a self-directed IRA (SDIRA) 21:17 - How long it takes to open an SDIRA account 27:43 - What the most common investments using SDIRAs are  30:07 - What a custodian is and what his/her role is when it comes to SDIRAs and what to look for 31:37 - What the most common rules or laws are regarding investing that uses an SDIRA  45:31 - Who an SDIRA is good for and who it might not be right for 48:21 - What the negative side of SDIRAs is  51:03 - Can you just have one account for different types of investments from an SDIRA 52:21 - self-directed IRA (SDIRA) fess ✔️ Subscribe to the Real Estate 101 show: https://open.spotify.com/show/7dnn22EWyo6MLsPaR492BM 🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/real-estate-101/secret-accounts-wealth-SDIRA-part1 ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ LISTEN 🎧 TO OTHER SHOWS FROM OUR NETWORK: ₿ If you're interested in Bitcoin, checkout our Bitcoin Fundamentals podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8wOLjjwNCM5B1qFdrtTdTZ 📚Dive into value investing and learn more about billionaires with our We Study Billionaires podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F9dDPFYGAHRbrWoToCe2uoU 🏘 Learn the ins and outs of real estate investing with our Real Estate 101 podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8Yw_8xO2nk-RD7fhb3yktn 💸Get introduced to the world of investing with our Millennial Investing podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F_p00VYv3psJ8rhDAGOvR5W ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ FOLLOW US ON SOCIAL MEDIA📱: 💻 Facebook: https://www.facebook.com/groups/theinvestorspodcast/ 👔 Linkedin: https://www.linkedin.com/company/the-investor's-podcast/ 🐦Twitter: https://twitter.com/TIP_Network ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📥 Download Stig & Preston's 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/form-youtube-checklist/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.