Topic: Understanding Self-Directed IRAs
A self-directed Individual Retirement Account is an Individual Retirement Account (IRA),…which allows alternative investments for retirement savings. Some examples of these alternative investments are: real estate, private mortgages, private company stock, oil and gas limited partnerships, precious metals, horses, and intellectual property.
Self-directed IRAs are very commonly used by real estate investors. As a private lender, we work with them almost daily. Maybe you’ve heard real estate investors describe them with words like “amazing”, “very powerful”, “hard to believe”, or as our Note Coach Phil Drew says, “only in America!”.
Question: Would you rather pay your tax rate on the seeds you plant, or the crop those seeds produce?
Another question: Would you like to actually invest in local real estate deals of your choice with your IRA?
If you are interested in learning more about self-directed IRAs, this is the perfect opportunity.
For our April meetings, Carl and Ryan Fisher of CamaPlan Self-Directed IRA Company will be our guests.
Here is what you can expect:
Understanding Self-Directed IRAs
- What is self-direction
- What are the benefits
- The types of accounts you can self-direct
- The types of investments or accounts you can purchase
- A general overview of IRS rules and regulations
- What you need to get started
6:00 pm – 8:30 pm
- 6:00-6:30 – Networking & Food | Sign-in, enjoy Grotto’s menu, and mingle with other local real estate investors!
- 6:30-8:30 – Meeting | Please help us start on time by being seated at 6:30.
Reed Walters grew up in Kent County, Delaware. After graduating from Caesar Rodney High School, he spent 16 years as a restaurant manager. He started his REI business P&S Property Solutions, LLC in 2010. Shortly after starting his business, Reed joined the Delreia coaching group, and was the second person to graduate from the program. In 2015, he left the restaurant industry to pursue investment real estate full-time. Although his primary career is in flipping houses, Reed also has a rental and is currently wholesaling houses.
Reed runs the Kent County Chapter of the DelREIA and leads the On-Site R.E.I Group Coaching (Kent/Sussex) program.