MMM Recap - Jack Malpass
If you missed the Multifamily Mastery Meetup this month (8/1), you missed out on a rare topic and nonstop networking. This month we featured Jack Malpass who spoke about his experience working with clients to use Self-Directed IRAs (SDIRA) to invest in real estate and other alternative investments.
Jack Malpass brings over 20 years of experience to his role at Next Generation. As a business development specialist, Jack educates clients on the value of self-directed IRAs. Jack works on creating or transferring retirement accounts into self-directed IRAs to invest in real estate ventures and or other investment vehicles.
Did you know most people have an old retirement account they forgot about that can be used to invest in cash-flowing assets? These accounts and other qualified retirement funds can be put to work while avoiding the brunt of taxes. If you have a professional set up your accounts, you can start investing with retirement funds in as little as 4 weeks.
Here are some major takeaways we learned:
There are annual limits to retirement account contributions
Not all retirement accounts qualify
You can invest in just about anything with a SDIRA, following the guidelines
There are workarounds to simple roadblocks
Its never too late to get started
Do what you love
What's coming up!?
Sept 5th @ 6:30 - Gary Mascitis is speaking about high-level multifamily financing in ALL aspects. From simple loans to complex strategies to secure the property, you're buying.
Real Estate Moguls
Industry Professionals and Panels
More to come...