Decade after decade, it seems like real estate keeps coming through. While any asset class can have a down year – or even several down years in a row, as the real estate investment community saw 10 years ago – real estate remains a proven long term wealth generator year after year, decade after decade, and generation after generation.
That’s what makes real estate an ideal investment for your retirement portfolio – and even in a special kind of IRA, called a self-directed IRA.
Self-directed IRAs allow individuals to use their IRA funds to purchase rental property, rehabs/flips, private mortgages, tax liens, and much, much more. By using a self-direct IRA, an investor can utilize this “new” bucket of cash to acquire assets that they can better control and thus drive better returns to their IRA. Best of all, the gains from these investments go back to the IRA without any tax implications.
Some people still believe the myth that IRAs don’t allow you to own real estate. This is because Wall Street companies that only sell stocks, bonds, funds, annuities and other kinds of paper assets. They aren’t compensated to sell real estate, and so they don’t pitch it, other than to sell real estate investment trusts, or REITs, which are still securities, rather than direct real estate assets themselves.
But it is very easy for you to own real estate assets of all kinds within a self-directed IRA – even direct ownership of rental properties.
On Thursday, April 4th, 2019 at 6:30 PM at Hilton Garden Inn, 2343 Shallowford Village Dr, Chattanooga, TN, we will have as our very special guest, Jim Hitt of American IRA. Jim Hitt maximizes profits by blending his two passions, self-directed IRA investing and real estate investing, to create great tax advantaged wealth. Jim is the CEO and Founder of American IRA, a national Self-Directed IRA services provider.
Here is a small sampling of what you will learn at our event:
Jim founded American IRA in 2004 and New Vision Trust Company in 2017. Jim has also been a licensed real estate broker in the state of California for over 40 years and an active real estate investor who has participated in over 6,000 real estate transactions with a current portfolio of over 50 rental properties. Jim has participated in the acquisition and development of single family homes, multifamily homes, commercial buildings, private offerings, mortgage lending, businesses, joint ventures, partnerships, limited liability companies and more. Throughout Jim’s investing career, he has employed various creative financing strategies including private lending, owner financing, hard money lending, and more. Jim has also taught investing techniques in North and South Carolina at UNC Asheville, AB Tech, and Lorman Educational Services.
In addition to this presentation, there are numorous opportunities to network with other investors as well as businesses that are geared toward real estate investors.
RSVP NOW and join us at the Chattanooga REIA Main Monthly Event from 6:30PM to 9:30PM on Thursday, April 4th at Hilton Garden Inn, Hamilton Place, 2343 Shallowford Village Pkwy, Chattanooga, TN.
Alan McDonald, will be starting the event off telling you about upcoming events with Chattanooga REIA, Membership benefits, AND an opportunity for anyone in the room to tell attendees about their properties, or let attendees know who they are and what they are looking for. Bring your flyers, and business cards for our flyer table. If you are a business looking to expand your market, you are encouraged to take a presentation table while available. There will also be plenty of opportunities to network BEFORE and AFTER the main presentation.
PLEASE NOTE: If you would like to become a member of Chattanooga REIA, it is as low as $99 per year. This allows you to attend this event and ALL Chattanooga REIA events at No Charge. Come to our Main event for an application or you can go to http://chattanoogareia.com and save on event fees.
*Please Note: Main Meeting agenda is subject to change.