All Forum Posts by: Carl Fischer

@Demjan Van Der Kach

There is a wide market for alternative investments. As a Self-Directed IRA administrator, I have seen clients with all kinds of the above mentioned investments.

Given your budget for each category, there is a PPR weekly auction where you can bid on notes in that price range. If you would like to learn more, you can contact my colleague @Dave Van Horn

If you are an accredited investor, crowdfunding could be another option. We have worked with IHT Realty and also Yield Street.

Also, you could attend some investor groups like Real Estate Investors Association (REIA). People are usually looking for investors in those groups. I am not familiar with any specific groups in Arizona as we are based in Pennsylvania. However, I am sure that they are out there.

@Shanna TOmko

We are a SDIRA administrator, but out of respect for bigger pockets we don't want to blow our own horn. Below are 3 things to consider when selecting a custodian/administrator for a self-directed IRA.

1. Knowledge (They actually know what they are talking about)

2. Customer service (can you reach a person, how quickly?)

3. Ease of transactions

If you have any questions or would like to connect, please feel free to send me a message.

Thank you

Carl Fischer

@Michael Boyer

If you wanted a Roth, you could convert your Traditional IRA funds into Roth. A couple things to be aware of, the amount you convert will be taxed, and be considered income. Some investors wait till they are having a year where their income is lower than normal, and they will then convert funds to a Roth. If you are interested, ask your accountant if it would be a good move to make.

If you have any additional questions, feel free to message me or connect.

Thank you

Carl Fischer

@Nathan Wright

If you moved your money to a Self-Directed IRA, the IRA could purchase this property and receive income right back into your retirement plan. There are many great tax advantages of having an IRA buy the property. I would be happy to connect and answer any questions you may have.

Thank you,

Carl Fischer

@Donnell Durden

Another funding option would be using her grandfather's IRA money. He could open a self-directed IRA and write you a note for your investments. I would be glad to connect with you and answer any questions you may have.

Thank you

Carl Fischer

@Jim Etheridge

I agree with both people above, both the Roth IRA and a self-directed 401(k) has pros and cons. I see above that you mention you are a general contractor, please be advised that as a prohibited person you or any company you own will not be able to do the work on any real estate asset in your IRA.

A checkbook LLC is where you would open a SDIRA and establish an LLC. Then you will have personal control over all payments and transactions for your real estate purchases. You will need to make sure you work with your accountant with a checkbook LLC as your IRA administrator most likely wont see all your transactions and keep the records.

If you have any questions, feel free to contact me,

Thank you

Carl Fischer

@Bernard Chouinard

Below are 3 things to consider when selecting a custodian/administrator for a self-directed IRA.

1. Knowledge (They actually know what they are talking about)

2. Customer service (can you reach a person, how quickly?)

3. Ease of transactions

Thanks

Carl

@Todd Magin

You are not able to use depreciation inside an IRA or a Solo 401K, unless the plan borrowed money for the investment.

If you have any other questions, please let me know, 

Thank you

Carl

Carl Fischer of CamaPlan and Steve Lloyd will be the main presenters at the South Jersey Real Estate Investment Association meeting for the month of January. They will talk about how to be tax free in your investments for the New Year and how to use private lending in your real estate transactions.

• Tax free investing in the new year
• What does the new administration mean to your investing?
• How to take control of your financial freedom.
• Unlock your retirement plan?
• Learn how to Be the bank.
• Have real estate pay your medical expenses tax free.

About Carl Fischer

Carl Fischer is a Cornell University graduate and third generation real estate developer. He is presently one of the founders and principals of CAMA Self-Directed IRA, LLC (dba CamaPlan). CamaPlan is a national company headquartered in Blue Bell, PA.

Carl has implemented plans and managed over 20 million dollars in real estate transactions. His real estate investments include commercial and residential properties, including real property, notes, and mortgages. He has been able to increase his personal net worth and control many endeavors with the self-direction tools available. In addition to his hands-on experience, he has the opportunity to speak to many groups including real estate investors and brokers, CPAs, financial advisors, and mortgage professionals about the power and possibilities of IRA, 401(k), and qualified plan self-direction. He presently has investments in PA, NJ, NY, FL, NC, and WI.

About Steve Lloyd

Steve Lloyd has over twenty years of diverse entrepreneurial experience which began at age 20 when he purchased, managed and ultimately sold a restaurant in Parkside, Pennsylvania. Since then, his career has revolved around real estate.

Steve is well-known for his abilities to identify real estate market opportunities, and he is recognized as an expert in raising and investing private capital. Steve knows the value of using leverage and creating passive residual income, which he builds primarily through purchasing distressed real estate funded through private capital. At the end of 2012, Steve’s portfolio was valued at about $21 million in real estate assets.

Schedule

6:00pm – Doors Open
6:30-6:45pm – Workshops
6:45-7:00pm – Break-Visit with Business Affiliates & Networking
7:00-7:15pm – Announcements
7:15-9:30pm – Main Speaker/Presentation
9:30-10:00pm – Networking

9:45-10:15pm – Room Clean-up

Looking to diversify your portfolio?

Looking for yield and Appreciation?

The United States is one of the few Countries in the world that allows a private citizen to make this kind of Investment.

Join us on Dec 14th at noon for an educational webinar on an alternative, non correlating Investment with your self-directed IRA.

The Webinar will be given by Gary Messineo, a General Partner of LMH4 an Oil and Gas rights acquisition fund. Through the combined use of proprietary software, analysis of geology and boots on the ground the fund looks to acquire mineral rights acreage at what is believed to be below current market value. Then the fund will lease or sell the property or mineral rights at a premium.

Gary has over 20 years of investment experience in finance and client relations and has developed a proven track record in the management of investment funds.

Wednesday 12/14/16 at 12 noon EST.

This webinar is free Register here