How to tap into your retirement accounts, penalty and tax free

Daniel is a regular contributor to Forbes.com and is the owner of Quest Education, a company that helps entrepreneurs obtain capital for their companies, pay off high-interest debt, and make money tax-free using a self-directed retirement account. Under Daniel's leadership, Quest Education has reached the seven-figure mark two years in a row and has customers in all fifty states. In this episode, Daniel shares how to tap into your retirement accounts, penalty and tax-free, so that you can use your money to invest.   Daniel's link: https://www.danielblue.me/ --- Transcript   Before we jump into the episode, here's a quick disclaimer about our content. The Remote Real Estate Investor podcast is for informational purposes only, and is not intended as investment advice. The views, opinions and strategies of both the hosts and the guests are their own and should not be considered as guidance from Roofstock. Make sure to always run your own numbers, make your own independent decisions and seek investment advice from licensed professionals.   Michael: What's going on everyone? Welcome to another episode of the Remote Real Estate Investor. I'm Michael Albaum and today with me, I have Daniel Blue, a Forbes, contributor, author, business owner, entrepreneur, extraordinaire. And he's gonna be talking to us today about how to tap into your retirement accounts, possibly penalty and tax free. So let's get into it.   Daniel Blue man, thanks for coming on and hanging out with me. I really appreciate you taking the time.   Daniel: Hey, Michael, excited to be here. Thank you so much for having me on your show.   Michael: My pleasure. My pleasure! So for those people who aren't familiar with you give us the elevator speech of kind of who you are, where you come from, and what is it that you're doing today?   Daniel: Yeah, I'm in the entrepreneur space. I've got a company here in Las Vegas. I have got about 13 employees. And the problem that we solve in the marketplace is helping people access money, their retirement accounts penalty and tax free. So we have a lot of fun with that, and teaching people how to liberate their 401k free of their IRAs and have them use the money the way that they want to use it and not having to rely on Wall Street and the IRS telling them what to do. So I guess I'd have a lot of fun doing that.   I kind of stumbled into entrepreneurship. I don't have this cool Gary Vee story where it's like, I was a hustler out the womb, you know. And I was running side hustling and…   Michael: Stealing candy on the school yard…   Daniel: ….grabbing flowers from one neighbor's house and then go into the next door neighbors and then meet ringing their doorbell, telling those flowers right, like, I don't have any cool things like that.   Yeah, played sports growing up. And I think sports had a lot to do with me becoming a business owner. I think there's a lot of parallels between sports and business. But really, when I look back at my story, when I was 12, is when adversity hit. My parents got divorced, my dad moved to Mexico and now it's just my mom and I. And we lived in California, high cost living, my mom's gone all day, working all day doing the best that she can do to provide. And that left me with a lot of time on my hands. And with my dad gone. And I didn't have answers as far as why he left and why he wasn't coming back and why he lived in a foreign country. I definitely rebelled a lot.   And I started to seek, you know, other people to kind of fill the void that my dad left, right, I was easily influenced by other people and hung out the wrong crowd. So I started ditching school, you know, smoking weed, drinking alcoholic making a lot of bad decisions. And I just stumbled along in high school, I barely graduated high school, I didn't really have a plan on what I was going to do with my life.   In 18 years old, there's a few things that happened that definitely shaped who I am, the day, ended up getting a woman pre