MAREI Meeting: Profit in Real Estate Using Self Directed IRAs

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  • 10/08/19 06:00PM - 09:00PM America/Chicago
  • Holiday Inn, 8787 Reeder Road Overland Park, Kansas 66214
  • $25.00

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As a long-time real estate investor who has grown up in the business and gone on to coach for Fortune Builders, one of the nation’s leading real estate investor training companies, Hoefgen is ready to share the simple, proven strategies he uses in his own real estate investment business.

Newbie Investors, as well as Seasoned Experts, will learn how to
- buy rental property in your own IRA
- how to borrow from or lend out of IRAs
- how to use other people's IRAs to BRRRR
- the basic rules you need to stay out of trouble
- and where to learn more.

Register for the event, and get a basic intro to Self Direction, at http://www.marei.org

About Darren Hoefgen, Real Estate Investor & Coach

Growing up in St Louis in a real estate family that owned 3 buildings of 4 units each, Darren was introduced to the business early. After going the corporate route out of college for more than a decade, HGTV got him interested in real estate. He tried to buy and renovate a house that he lived in and soon ended up seeking out a training system and a coach to learn how to run his business as a business and a hobby. He even spent 6 years helping his coaching team coach while growing his own business and rental portfolio in St Louis, with systems that did not require him being there all the time. Today, his investment strategy is the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method and is on track to put his 100th rental unit into service in 2020. He joins us at MAREI to share how he uses his Self Directed IRA and 401k as well as partnering with accounts of others to acquire and hold those rental houses.

To learn more about Darren’s presentation coming to MAREI on October 8th, please visit www.MAREI.org



Need to build credibility in the KC Real Estate Community? 👀 👀 👀See and be seen at MAREI
http://www.marei.org/build-credibility-see-and-be-seen-at-a-real-estate-investor-meeting-in-kansas-city/



This is an interesting case study, not because of the house or the numbers, but because the traditional lenders didn't want to do it, so Darren Hoefgen turned to his Self Directed IRA to do the deal - and added $25k to his retirement account in the process. Can you get that kind of return on less than $100k in the stock market?
http://www.marei.org/case-study-eureka-missouri/

Be sure to stop by on the 8th early to learn more about rehabs, make readies, trash outs, maintenance and more with meeting our 1st Registered Meeting Sponsor Shanelle Kidd

https://myunderpressure.com/



Brand new, very small Self Directed accounts often hold many back from starting an account. What can you really do with less than $5,000, right? Find out how an account with just $100 made a profit of $1,900 in this case study from Equity Trust.

https://www.trustetc.com/blog/August-2015/100-investment-earns-big-roi-ohio-client

Have questions on flooring or need a new flooring supplier to add to your team, come early to talk to Jerry Ratway with Rugs Rolls & Remnants http://www.rugsrollsremnants.com/



So, in all our comments we are talking about Self Directed IRA - but there is also a Self Directed Solo 401(k). Here are the major differences from Quest Trust Company

https://www.questtrustcompany.com/2019/07/22/solo-401k-facts-for-self-employed-individuals/

Another reason to attend the October 8th MAREI meeting: To talk funding with Charlie Fitzgerald with REIInvestorFunds Come early to network from 6 to 7 pm

https://www.reiinvestorfunds.com/

One way to utilize a Self Directed IRA of your own is to be a Private Lender (or maybe you can borrow from Private Lender's Self Directed IRA) Either way you need the basics of private lending and this video from Equity Trust Company has them for you.
Be sure to join us at MAREI on the 8th to see how @Darren Hoefgen utilizes a Private Lender's Self Directed Accounts

Need funding options? Come early to the MAREI meeting on the 8th to find out how Mike Leech  can help you with fix and flip loans, rehab to perm loans and loans to refi out your own cash or hard money. Look for his booth in the vendor hall.

https://www.gatewayloan.com/loan_officers/mike-leech/

Topic: Building Wealth with Self-Directed IRA's and 401ks

Who: Multiple Sponsors during networking from 6 to 7

St Louis Investor, Darren Hoefgen, from 7 to 9

When: Tuesday, October 8th (6 to 9pm)

Where: Holiday Inn at 8787 Reeder Road in Overland Park, KS.

Be sure you register -

MAREI Members & 1st Time Guests are no charge.All others can join or have a $25 at the door fee.h

Link to Register: https://www.mareimember.com/Events.aspx?ID=MAREI-Monthly-Meeting-Self-Directing-Your-Way-to-Wealth-37-10-8-2019

Be sure to Arrive Early next Tuesday to find out how Mark Yanda might be able to help you on your next rehab project.
https://www.demayoenterprises.net/

Be sure to come to the October 8th MAREI at 6 so you can talk to our AMAZING sponsors:

Dallas Kidd the contractor guy with UnderPressure Property Services,

Jerry Ratway the flooring guy with Rugs, Rolls & Remnants,

PMI Destination Properties,

Marge Kithcart Padgitt and Gene Padget, the fireplace people with Hearth Masters,

Charlie Fitzgerald the funding guy with REI Investor Funding,

Jim White the window guy with Earthwise Windows,

Mark Yanda the cabinet guy,

Britton Asbell the Hard Money Guy with Crossroads Investment Lending.

Mike Leech - Gateway Mortgage Group the short and long term funding guy,

Jayme Dickey Choice the home warranty chick with Choice Home Warranty.

- be sure to reserve your seat by going to www.MAREI.org and registering - 1st Time Guests are FREE

Need another reason to come at 6 for networking? How about talking about future funding with the Team at Crossroads Investment Lending: Britton Asbell, Brant Asbell, & Bekah Westerfeld
https://www.crossroadsinvestmentlending.com/



Do you have a small SDIRA or 401k? Be sure to attend MAREI next Tuesday - all guests who preregister & attend will get a copy of 20 Ways your IRA can fund your Real Estate Investment.

Ever need windows in a rental or a flip here in the Kansas City Market? Be sure to join us at the MAREI meeting at 6pm to find out how Jim White with Earthwise of Kansas City can help you with Windows and Doors.
https://earthwisewindows.com/ MAREI Meeting 
Tuesday October 8th
Holiday Inn - 8787 Reeder Road, Overland Park, Kansas
Members & 1st Time Guests Free when preregistered

Details and Registration at www.MAREI.org

We hope you can join us at MAREI Next Tuesday

Come early to talk to the many great vendor sponsors to see how they might help you in your business. Ask them or our other experts questions. Build your Network.

Then at 7pm we will have announcments and a closer look at the many great educational items on Self Directing that we will be sharing with everyone who pre-registers and attends. Some will be handouts as far as they go and the rest will be emailed out the next day - that's why it's important to pre-register and check in, so we know you were then and have your email address to send the bonsues.

At 7:30 our Guest speaker takes the stage to share how he uses Self Directed Accounts in his business. And as a veteran real estate investor and former Fortune Builder's trainer, Darren Hoefgen is on track to be adding 100th rental unit in early 2020.

For those who can stay late, we have late night networking in the bar area, near the windows. Grab a couple of friends you might want to chat with further, grab a table and check out the great pizza specials (just order before 9:45).

Be sure to reserve you seat, go to www.MAREI.org



The RE Investment News is now available for download. Read Now for the MAREI Calendar, Business Directory, Self Directed Investing and Subject To Investing:
https://issuu.com/mareistaff/docs/2019.10_re_investment_news

We have another great sponsor you need to come see on Tuesday: Gene and Marge Kithcart Padgitt with Hearthmasters LLC. Gas Fireplace Company - find out how they can help you with your fireplaces, chimneys, inserts and more
http://www.chimkc.com/