Early Meeting:
Why self-directed 401Ks rock with Bob Dressman
Bob Dressman is probably the most successful retirement fund investor you’ll ever meet face to face. He’s leverage multiple tax-free and tax-deferred accounts (IRAs, Health Savings Accounts, 401Ks, and Coverdale Education Savings Accounts) to earn hundreds of thousands of tax-free dollars. Today, he’s a huge fan of the relatively new “Self-Directed 401K”, which has some huge advantages over the better-known Roth IRA. In this in-depth presentation, he’ll explain why, what you need to do to open and start investing in one.
Main Meeting:
Real Estate Shark Tank
DaDUMP. DaDUMP. DaDUMPDaDUMPDaDUMPDaDUMP…just when you thought it was safe to go into the meeting room, it’s time for your favorite meeting of the year: Real Estate Shark Tank!
Our panel of “Sharks” are folks who have the money and expertise to fund, partner on, or advise you about deals; they’re looking to make some money along with you. The only catch is, you have to be brave enough to stand up and tell them why they should!
And even if you don’t have a deal to bring to the table, you can learn a lot about how money people look at investments and about how other REIAGC members are finding and evaluating deals just by being in the audience. It’s educational, sometime hilarious, and always enlightening.
If you’d like to serve as a shark or to present an opportunity, email AskVena@Gmail.com with “Shark Tank” in the subject line by July 5th and tell us what you have to offer. But no matter what, be there to learn from other people’s deals!
July contract of the month: Minimum Criteria Checklist for Tenant Applicants
Getting the right tenant is the #1 predictor of whether you’ll have a good experience as a landlord or a bad one. But at the same time, you have to make sure that you evaluate EVERY tenant according the same, objective criteria in order to be in compliance with fair housing law. This month, we’ll provide you with a sample system to do that, with weighted points for things like rental history, landlord reference, time on the job, and more. This will give you a great start to coming up with your own system for predicting which tenants have the best chance of making it, and which don’t.