Making an Investment with a ROTH and Traditional IRA
Thursday, August 12
Had a really interesting case study occur this week while doing an investment with our client, Mr. Heish. He was looking to invest in a land contract note for $30,000 but only had $5,000 in his Roth IRA, and had $5,000 in his Traditional IRA. To complicate things even further, he had his friend M...
Study Business Leaders of our Time
Monday, August 09
For those just starting out, you quickly find out you have access to a ton of information and don't know where to start. Most beginners sign up for a course, or take a boot camp. Some find a mentor, while others just dive right in and learn as they go. Whatever the path you take, at some point yo...
Is Your Self Directed IRA Account FDIC Insured
Thursday, August 05
Case Study for today:One of our agents Mr. Karbon approached me yesterday about what would happen to someone's self directed IRA account if the custodian went bankrupt. So, I posed the question to my friend Amanda Holbrook at Equity Trust. Because the IRA investments are titled in your name (well...
For those just starting out, here is a fun idea
Monday, July 26
One of the easiest and most readily available opportunities to you is to find the best company in your area and ask if they need financial partners on deals. It’s no big surprise that the best companies in your area are more often than not looking for a financial partner because there are more de...
Flipping a Land Contract Note in your IRA
Monday, July 26
I received a call from one of our customers over the weekend that was filled with excitement. Mrs. Boyd, has been a customer of ours for some time, and has always been a creative thinking investor. She recently purchased a land contract note from us at a 35% discount in her IRA. Now, to understan...
The Solo 401(k) - A Brief Highlight
Friday, July 23
Here is another fantastic and exciting retirement plan, the Solo 401(k)Simply put a solo 401(k) is a retirement plan for self employed people.Contribution limits of $46,000.00 ($15,500 as employee, and 25% of compensation as employer up to $30,500.Additional $5000 contribution catch-up for anyone...