Welcome veteran investors with multiple rentals, those aspiring to become Real Estate investors and just the curious.
Out topics will cover a wide range of investment platforms as most are interrelated, e.g. the IRA, 401(k), Life Insurance and of course, investment real estate. The fact is if you are plowing $500 monthly into an IRA or 401(k) that $500 could be applied to investment real estate.
Wall Street needs no help from us. With its 95% dominance over 45,000,000 IRAs and 30,000,000 Company 401(k)s collectively worth $17.1-trillion dollars is dominates 95% of all IRA and 401(k) Retirement Plan dollars.
The question we need to ask ourselves is:
"Are Wall Street products really that superior to real estate?"
Or, said another way;
"Are Real Estate investments really that inferior to Wall Street products?"
Should we drink Wall Street's Kool-Aid and continue to believe its mantra we are not intelligent enough or skilled enough to manage and select our retirement investments, i.e. that we're better off allowing a Financial Advisor or detached 3rd Party 401(k) Plan Administrator to handle our financial future?
I believe investment real estate is one of the best wealth building and lifetime income producing retirement plans available today. Especially when you factor in a systematic, long term 1031 Exchange strategy.
Holding future "Live" meeting in in Broward and Dade County may not be for many months but with the use of Zoom there is no reason we cannot have Virtual Meetings where relative, contemporary real estate issue are explored.
I know the former Organizer believed students need to " ... know how to be debt free".
I am never not a total believer in this ideology. I do not advocate needless over leveraged properties, however, creative financing has spawn many real estate millionaires.
Also, I am not going to push the "Accelerator Debt Retirement" strategy previously promoted. I am aware of what it offers and believe L.I.R.P. (Life Insurance Retirement Plan) should take precedence.
We will continue to emphasize how to analyze properties and the various ways to acquire them, e.g. Buy and hold, Buy and Wholesale, Fix and Flip, Contract For Deed, Subject To and Lease Option etc. will be discussed.
Message, Call or text the organizer:
Thomas Phelan
http://www.daretocompare.com
(305) 898-7170 Cell
