Presentation IRAcheckbook Realtor Wb Bexpanded

transcript

What is an IRACheckbook Plan?

Why would I be interested?

“Great Source for Real Estate Funding”

Retirement Funds in a CheckbookIt’s as Simple as That!

More Capital = More Closings

And That is Precisely Why we are Here!

Mitt Romney’s IRA Self Directed!

Where is the Capital?

How do I Put it to Work?

$5 Trillion in Retirement FundsIRA’s and 401K’s

Only 5% is Self-Directed….Mostly invested in Wall St. Assets??

~45 Million IRA’s and 401K’s in the US

Only 5% is Self-Directed….That’s a pretty big opportunity list??

I’m sure you know people!

Low Hanging FruitRipe for the Picking

Warren Buffett on CNBC: I'd Buy Up 'A Couple Hundred Thousand' Single-Family Homes …purchased at low rates, Buffett says, houses are even better than stocks.’

Should we present Real Estate to Our Investors?

Jeff, This sounds difficult…How do I pull this off?Ask Your Customer if They have Retirement SavingsInquire if They are Happy with Their present

InvestmentsTell them You have a “One Stop Source for Self-

Directed Investing”Refer them to IRACheckbook.com through Your

Widget on Your SiteEarn a Referral FeeMOST IMPORTANTLY… help Them Invest Their

Liberated Capital!

Since 1974 the Individual Retirement Arrangement was enacted by Congress1993 Recognition and Validation of the Self-Directed IRA LLC Structure by the IRSRetirement Funds in a Business Checking Account at the Bank of ChoiceFreedom to Invest in What They knowStimulate the Local Economy, Consume Inventories, Provide needed HousingUtilize Contacts and Customers You already haveLocal “Nationally Ranked” Company to Serve You and Your Customers

IRA/LLC Checklist - Have you rolled over in the past 12 months? Y/NLegal Name of Manager_______________________________________________________SSN_______________________________________________________________________Telephone__________________________________________________________________Email___________________________________________________DOB________________Address of Record___________________________________________________________

___________________________________________________________________________Name of LLC_________________________________________________________________Option B____________________________________________________________________Beneficiary___________________________________________relation_________________Address__________________________________________________DOB________________Percent_____________________________SSN_____________________________________Beneficiary/Secondary__________________________________relation_________________Address___________________________________________________DOB_______________Percent_____________________________SSN_____________________________________Copy Government ID__________________________________________________________Present Account Type_________________________ Number__________________________Custodian Name_______________________________________________________________Address______________________________________________________________________Contact Name and Phone and Fax_________________________________________________Copy of last Statement__________________________________________________________Expedite? Y N Wire? Y N Invest All? Y N Type of Investment____________________Bank________________________________________________________________________Internet Access Request________________________________________________________Roll over Contribution? ________________________________________________________

How Should you View an IRACheckbook Plan?

Refer them to IRACheckbook.com through Your Widget on Your Site

Self Directed Wealth

By Randy Rodenhouse

What Can’t I Invest In?Prohibited Investments:

Collectibles – such as antiques, cars, art, etc.

Life Insurance

• Many Investment Choices:1. Single Family Homes2. Apartments and Commercial RE3. Raw Land4. Tax Liens/Tax Deeds5. Mortgage/Deed of Trust Notes 6. Businesses (LLC or C-Corp)7. Private Equity/Angel Investor8. Precious Metals (Gold/Silver)9. Commodities (Oil, Gas, Grains, etc)

What Can I Invest In?

What Happens After My IRA Owns The Property?

IRA AccountYour Investment

Expenses

Income/Profits

REAL LIFE RESULTSBuying Real Estate In IRA

• 7 Ways To Fund Real Estate Transactions: IRA all cash IRA downpayment + Non Recourse Note IRA downpayment + Seller Carryback Your IRA + other’s IRA as Tenants-in-Common

• 7 Ways To Fund Real Estate Transactions:IRA downpayment + CASH IRA downpayment + HELOC (must be collateralized on

another property) IRA can invest in an LLC (multiple members) and

the LLC buys property

• All Cash From IRA and Sell:

Purchase Price: $91,000Repairs: +$3,900Hold Cost: +$1,200Total $96,100

Sold Price: $120,000Cost: -$96,100Fees: -$3,800Profit $20,100

Cash On Cash Return 21%

• All Cash From IRA and Rent:Purchase Price: $91,000Repairs: +$3,900Hold Cost: +$1,200Total $96,100

Yearly Income: $15,300Expenses: -$3,600Net Income $11,700

Rent: 12% ARSell in 1 yr: 33% AR

Cash From IRA + Non-Recourse Note and Sell:$38,000 IRA and $152,000 Note (10%)Purchase Price: $190,000Repairs: +$5,000Hold Cost (10%/6 mo): +$9,400Total $204,400

Sale Price: $240,000Cost: (204,400)Fees: ($8,270)Profit Before UDFI tax $27,330UDFI tax ($3,054)

$24,276

Cash On Cash Return 46%

REAL LIFE RESULTSUsing Positive Leverage

• Cash From IRA + Owner Finance and Rent:$15,000 IRA and $125,000 Note (6%)Purchase Price: $140,000Repairs: +$4,000Total $144,000

Yearly Income: $18,000Payments (6%): ($11,000)Tax/Insurance: ($3,000)Cash Flow $4000

Back End of $35,000 RENT: 21% ARSELL after 1 yr: 205% AR

Private Loan To “Fix and Flip” Investor In Florida:

Purchase Price: $36,000FMV: $79,000

Loan: $28,800LTV: 37%

Terms: 15% interest only5 points6 months

Annual ROI:

REAL LIFE RESULTSPrivate Lending

$1440 pts + $2160 int. = $3600 in 6 months

Contact Information:

randy@wealthblackbox.com843-754-8174

Presentation IRAcheckbook Realtor Wb Bexpanded

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