DOWN BUT NOT OUT: IRA REAL ESTATE IS THE BRIGHT SPOT
IN TODAY’S SLUMPING REAL ESTATE MARKET
Industry Consortium to Sponsor Educational IRA Real Estate Investment Seminars
SAN FRANCISCO (NOVEMBER 6th, 2007) – Although recent descriptions by the U.S. Federal Reserve of the slumping housing market continue to remain bleak, there still is a bright spot within in the real estate market, that only a select few are aware of. The most promising, untapped source of funds for real estate investments is the $4.2 trillion dollar Individual Retirement Account (IRA) sector. Since more than half the nation’s wealth is STILL invested in real estate the question many financial insiders are beginning to ask is, “Why isn’t your IRA invested in Real Estate?” The answer while seemingly obvious is that most real estate professionals, CPAs, lawyers, financial planners, and especially the general public don’t know that IRA’s can be invested in real estate.
RPIC (Retirement Property Investments Corporation), North American Savings Bank, IRA Services, and North American Title Company are launching “The Real Estate IRA Seminar,” to educate forward-thinking real estate professionals and consumers about the lucrative investment opportunities for retirement using self-directed IRAs to purchase profitable real estate.
"Learning to invest IRA funds into real estate may be the most important decision real estate professionals make this year," explained David Newman, CEO, RPIC. "By using IRA funds to invest in real estate, you're taking advantage of the tax breaks, a buyer's market, and the abundance of available property." Newman further stated that by applying what Albert Einstein calls the "greatest force on earth" IRA Real Estate investments can provide long term wealth.
On December 3, 2007, in South San Francisco, California, RPIC will host the first in a series of nationwide seminars on IRA real estate investing featuring David Newman, Chief Executive Officer of RPIC, a real estate industry veteran with over 27 years of experience. Newman will be joined by other highly-respected experts from the real estate, investment, mortgage, legal, and financial sectors including: Matt Allen of North American Savings Bank, Michael F. McNair of IRA Services, Curtis Berner, Tax Expert and Northern California “Super Lawyer," Leonard Spoto of Asset Exchange Company, and Jim Hammarstrom of North American Title Company.
During "The Real Estate IRA Seminar" this team of experts will cover a comprehensive approach to investing IRAs in real estate. The seminar will include:
- Exposing the virtually unknown IRS code that allows investment of IRA funds in profitable real estate
- How to solve the problem of funding shortfalls of corporate pension plans via the benefits of self-directed IRAs investing in real estate
- Why almost every IRA’s long-term performance could substantially improve with an added real estate component.
- The legal and tax ramifications of IRA real estate investing
- How to turn a $40,000 IRA into a $350,000 Real Estate IRA, Tax Free
"For many investors, tangible real estate in their retirement accounts provides the comfort of knowing that a wealth building asset will be there when they reach retirement,” explained Newman. "Adding a tried and true investment vehicle like real estate to a diversified stock and mutual fund portfolio just makes sense if someone truly desires to retire wealthy.”
For more information about “The Real Estate IRA Seminar” visit www.wealthyira.com.