Next WREIA Meeting
Mon. July 21st – Doors Open @ 6:30PM
Topic: Self Directed IRA’s w/ Jack Kiley
Updates: What You Need To Know In 2014
Warren Buffet said he would buy up “a couple hundred thousand” single family homes if it were practical to do so.
Mr. Buffet made these comments back in 2012 – and I’m sure he still believes it. “If held for a long period of time and purchased at low rates, Buffett says houses are even better than stocks. He advises buyers to take out a 30-year mortgage and refinance if rates go down.” You can still find the article posted at http://www.cnbc.com/id/46538421
For starters, you should know that doing almost anything with real estate is just as easy inside a retirement account as it is outside of an IRA.
My friend Jack Kiley is going to give a short presentation on Monday night at WREIA. He will be there to answer questions, and point out the situations where investors can use their retirement accounts alongside there traditional business.
Jack owns the company “Mid Atlantic IRA” which is the custodian of my Self Directed IRA. Years ago, I did my research to find the best company in our area that could support my needs. Even today, if you ask around, his name will keep coming back as the go-to guy in the DC area for Self Directed IRA’s.
I am incredibly grateful that his office is just up the road in Frederick, and when I have been in a jam he and his staff have been able to help on many occasions. As my business has grown, I have had to go to Jack with a few small business questions. In every case, his answers have helped my business and my accounts grow.
And let me tell you how these accounts can grow – QUICKLY.
For example – Did you know you can use your Self Directed IRA to fund a wholesale deal? One of our students used their IRA account to fund a deal with only $1,000. They quickly wholesaled the deal to a rehabber for a 20k fee. That 20k went directly into their IRA.
How many times in your career would you like your investment to grow 20X in just a matter of weeks?
You can see how fast you can grow your account large enough to buy a small townhouse, or maybe a small home out of our area. Florida perhaps? Yup, we have some WREIA members who have done that too. Slow drips of monthly rental income…. Who doesn’t want that in your retirement years? How many rental homes do you need to keep up your lifestyle when you retire? My answer is – not as many as Warren Buffet!
If you enjoy hearing how you can protect and grow your net worth, you are going to love some of these stories on Monday night.
Let’s talk about “Secrets of Self Directed IRA’s” this month at WREIA. Come on out Monday night and join us at WREIA.
We will have WREIA this month on this Monday, July 21st.
Join us at WREIA Monday night July 21st, and let me know if there is anything I can do to help you and your business.
Washington REIA Network, President
P.S. The answer is YES, in 2014 we are still doing partner deals with our students and WREIA members. You may need some help with financing or need a valuable construction partner with years of experience. Or do you need us to help speed up the process for you, and help drive your business to the next level? We are here to help. Just send us a few quick details at http://dchardmoneylender.com/quick-property-submit/ and we will get back to you ASAP.