Sep 28, 2020
When it comes to retirement accounts there is a language and set of acronyms that rival any other business out there. You have a myriad of choices - you are blessed with dozens of options and opportunities within those options. It can be complicated and confusing. Some will say “I prefer to keep it simple” and then proceed on a plan to own ten rental houses - The end. That can work, but you will be paying more in taxes, living on less, and will have missed a lot of opportunity on the way. Today I’m speaking with Damion Lupo who is going to turbo-charge your retirement plans and along the way he might just set your imagination on fire. There’s nothing like planning ahead, right?
Ultimate Flexibility, Control & Protection to optimize your investments.
Get ready to accelerate your returns 10X faster than a traditional 401(k) plan or Self-Directed IRA!
Enjoy the widest range of alternative investment options available. Get the freedom and security of total Checkbook Control.
Rollover your 401(k), IRA, SDIRA, 403b, 457, TSP and Solo 401(k)s into your eQRP® account
But perhaps the most astounding part of this call is what we did not plan to spend a lot of time on - recovering from a business failure. Damion has an amazing story to share and I bet you will be encouraged and inspired when you hear this. And it’s coming up in a few minutes.
How to contact us
www.RogerBlankenship.com. Leave a voicemail right from the home page!
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Call our National Comment Line: 877-55-ROGER (76437) ext 1. Leave your message or your question.
Email your questions to questions@rogerblankenship.com. Please always tell us where you are from. We like to know where the show is being heard. And let us know how you found out about us if you don’t mind.
Sponsors
American IRA: www.americanIRA.com
The Flipping America Buyers Club bit.ly/flippingamericabuyersclub.com
Announcements:
- The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.
- Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
- FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities .
- “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.
News:
- The evidence shows the truth - the real estate market is booming. https://www.housingwire.com/articles/wow-6-million-existing-home-sales-however-context-is-key-with-2020-housing-market-data/?utm_campaign=Newsletter%20-%20HousingWire%20Daily&utm_medium=email&_hsmi=95826669&_hsenc=p2ANqtz-8SOIRfsHhJZ6bxec1tZ-wrQiuxEaFdDxaK8HECWysBMujjA8QUVBIhljw39NmwPuhfL0GwVe1Er8QWqqltcF19LW5MtgxCaoxN0zwToSDaUp2m4QQ&utm_content=95826669&utm_source=hs_email
Questions:
- Ryan, Seattle, WA “What would your advice be for someone living in a high priced area such as Seattle?”
- Elinore, Covington, GA “Why is the MAO rule 70% of the ARV? I’ve never understood that. It seems arbitrary, and also a bit greedy.”
- Cary, Arlington, VA “It’s tough to find deals here right now. Wholesalers and banks are asking too much. Is it like this where you are? If so, what’s a fix and flip investor to do?”
Motivational Quote:
“It’s a slow process, but quitting won’t speed it up.” -Anonymous