There are 47 million households in the United States with IRAs and those accounts hold approximately $4.8 trillion
Murray, KY (PRWEB) August 03, 2012
From flipping houses to buying commercial buildings to developing subdivisions, Matt Jennings has been involved in hundreds of real estate deals in the last 10 years. He will offer his vast and varied expertise in real estate investing with individual retirement account funds in an upcoming Kingdom Trust Company webinar.
The webinar, entitled, “Pay Dirt: Investing in Real Estate with IRA Funds,” will be presented on Tuesday, Aug. 21 at 2 p.m. Central Time. Jennings, co-founder of alternative asset investment custodian Kingdom Trust Company, will be joined on the webinar with the company’s general counsel, Tim Kuhman. Individual investors, realtors, and property developers trying to raise capital for a real estate project will be impacted by Jennings’ presentation.
“There are 47 million households in the United States with IRAs and those accounts hold approximately $4.8 trillion,” said Jennings. “Real estate is one of the most solid investments a person can make, yet many people don't know they can use money from the IRA because they haven’t been educated. They simply don’t know."
Jennings began his career as a realtor before moving on to property appraisals. But, he was always on the lookout for an investment opportunity. In 2007, he wanted to include more investors in his deals and had heard about people investing in real estate with their IRAs. He approached his banker, Doug Lawson, and was told that he couldn’t do it. But Jennings was undeterred and Lawson was curious. “We researched it and found that you could invest in real estate with a self-directed IRA. That was actually the birth of our company.”
A year later, Jennings and Lawson had formed Kingdom Trust Company where they are administering assets of clients with self-directed IRAs. Jennings continues to pursue real estate investments on behalf of parent company SBG Investment Group, while Lawson is CEO of Kingdom Trust. Kingdom Trust Company is registered and regulated as a non-depository trust company in the state of South Dakota. For more information call (toll free) 888-753-6972 or log on to http://www.kingdomtrustco.com.