Murray, KY (PRWEB) August 10, 2012
There is nearly $5 trillion in the individual retirement accounts of approximately 47 American households, according to the Retirement Industry Trust Association. And, all of that cash is available to be invested into real estate by the account holders. So why aren’t realtors from coast to coast pursuing it? Because they don’t know they can, says real estate expert Matt Jennings.
Jennings, who has been involved in over 500 real estate deals in the last 15 years, will offer his vast expertise in real estate investing with individual retirement account funds in an upcoming webinar entitled, “Pay Dirt: Investing in Real Estate with IRA Funds.” Scheduled for Tuesday, Aug. 21 at 2 p.m. Central Time, the webinar will also feature Tim Kuhman, general counsel for Kingdom Trust.
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.