Stepping Out of the Investment Box
Posted by Entrust Oakland on Mon, Nov 09, 2009
I recently presented to a group of focused real estate investors. I knew what to expect because I had presented to this group before. What I love about them is that they all want one thing: great returns on their investments! Their focus is on how they can get returns back into their IRAs and 401(k)s.
The day was scheduled to be four hours of real estate education. The topics ranged from what types of properties cash flow, to alternative funding options, to becoming a landlord. The organizer scheduled Reggie Lal as a guest speaker. Mr. Lal is the founder of Be the Smart Investor and is a well-respected real estate investor in the San Francisco Bay Area. Reggie completely understands the value of using self-directed IRAs for real estate investment. He, himself, has done so numerous times. His presentation was a very nice compliment to mine as the self-directed provider.
What was great to see was that the attendees really understood the value of having cash-flowing real estate investments working for their retirement account and generating tax-free or tax-deferred income. We also talked about using one’s retirement plan to lend money if you didn’t want to become a landlord. And we discussed purchasing tax lien certificates if your funds are restricted to smaller investments or partnering with your IRA or pooling funds with others.
That Saturday was informative, educational, and beneficial to the investors. Entrust prides itself on helping investors look outside the traditional realm of investing, and this session did just that!
By Kimberly Dressel, Entrust Administration, Inc.
kdressel@theentrustgroup.com