Real Story. Real Investment. Real Success.
NDTCO clients partnered and opened community housing with their IRAs
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Did you know that beyond individual investments, you can partner your IRA to invest? That is exactly what five NDTCO clients did when they formed an LLC to purchase properties to create sober living communities in Chicago, IL.
In 2011, five NDTCO clients came together to form an LLC aimed at providing housing and resources to recovering addicts. Their initial two property purchases were able to provide housing to 16 men and women at a time.
By 2014, their LLC was valued at $550K. After obtaining a nonrecourse loan of $113K, they were able to purchase a 3rd property, and provide housing for 24 men and women.
Over the next decade, while the valuation of their LLC fluctuated, they were able to purchase 2 additional properties to expand their community to five total sober living homes. As of 2024, their LLC is valued at $2.8M, a 419% increase over their initial 2014 valuation. Additionally, their real estate purchases now provide sober living occupancy to up to 38 men and women at a time.
Ultimately, the investors were able to partner their IRAs to form an LLC and invest in something they were deeply passionate about. They were not only able to grow their retirement savings by investing meaningfully, but they were able to provide housing, resources, and support to hundreds of individuals over the years.
