Mat Sorensen sits down with Troy Eckard, founder and chairman of the board at Eckard Enterprises, for a clear look at how investors use self directed IRAs to buy mineral rights and participate in oil and gas cash flow. They break down the three lanes in this asset class, minerals, drilling, and midstream, and explain where each fits in a smart portfolio. You will hear why many IRA owners favor minerals for steady income and lower risk, when drilling can make sense with taxable dollars, and how to evaluate operators with real world due diligence that protects you from bad deals. Troy shares how technology and data have changed the game, what realistic returns look like, how depletion and cash flow work over time, and the red flags that signal inflated pricing or weak sponsors. The conversation also hits current market forces, service costs, and why discipline matters more than shiny tax write offs. This episode is perfect for IRA owners, high income professionals, and anyone exploring real assets beyond public energy stocks who want income, control, and clear rules of the road. Chapters: 0:06 - Meet Troy Eckert And The Goal 0:34 - What Mineral Rights Actually Are 2:14 - Three Ways To Invest In Oil And Gas 4:18 - Risk Then And Now In Drilling 5:25 - Taxes, Depletion, And IDC Basics 7:41 - Why IRAs Fit Mineral Rights Best 10:25 - How Eckerd Structures Direct Ownership 12:06 - Diversification Across Operators And Units 13:53 - Spotting Fraud And Overpricing 16:08 - Don’t Chase Deductions Over Deals 18:03 - Market Reality: Drill Baby Drill 20:45 - DUCs, Service Costs, And Timing 23:00 - Who Should Invest Directly And When 25:01 - Dollar Dynamics, Rates, And Liquidity 27:20 - Due Diligence, Education, And Next Steps 41:56 - Closing Notes And Disclaimers Directed IRA Homepage: https://directedira.com/ Directed IRA Explore (Linktree): https://linktr.ee/SelfDirectedIRA Book a Call: https://directedira.com/appointment/ Other : Mat Sorensen: https://matsorensen.com & https://linktr.ee/MatSorensen KKOS: https://kkoslawyers.com Main Street Business https://mainstreetbusiness.com
