When realtors and other professionals are educated in the advantages self-directed accounts provide, they can offer advice to their clients that may enable those clients to maximize the wealth building potential of their retirement portfolios.
Atlanta, GA (PRWEB) June 12, 2013
Self-directed IRAs are popular with savvy investors who know that diversity is the key to building wealth in their retirement portfolios. Self-directed accounts allow investors to choose alternative investments such as real estate, tax liens and certificates, LLCs, precious metals, foreign exchange and more - based on their personal knowledge of investments instead of relying on third parties to choose investments for them.
"When realtors and other professionals are educated in the advantages self-directed accounts provide, they can offer advice to their clients that may enable those clients to maximize the wealth building potential of their retirement portfolios," says Jack Callahan, Managing Partner of Advanta IRA Administration.
Investment brokers typically recommend and sell more traditional assets like stocks, bonds, and mutual funds. However, investors who use self-directed IRAs, take control over their own investment choices. "The use of self-directed IRAs to obtain assets that investors know, understand, and can control offers a certain level of comfort when investing, as well as a greater potential of success," says Callahan.
What does this mean for realtors? Investors use real estate professionals when searching for and purchasing property in their retirement portfolios. Realtors who possess knowledge of self-directed IRAs can find an entirely new client base with these investors than simply the typical individuals purchasing homes. Self-directed IRAs can lead to more sales, which means more commissions.
Advanta IRA is hosting a three-hour, continuing education class for realtors in June designed to empower real estate professionals in the knowledge of self-directed IRAs.
During this three-hour continuing education class, realtors learn the following:
- The basic types of retirement plans with a special emphasis on accounts that can benefit real estate professionals
- Prohibited transactions rules
- Types of investments that can be made with a self-directed IRA
- Review of numerous case studies to show how the process of buying real estate within an IRA works
Event: Three-hour Continuing Education Class & Lunch for Realtors
When: June 13, 2013, 12:45pm – 4:00pm
Where: Holiday Inn Express Augusta North, 1073 Stevens Creek Rd, Augusta, GA 30907
Cost: No charge for realtors
About Advanta IRA Administration, LLC
Advanta IRA Administration, whose corporate office is based in Largo, FL (Advanta IRA Services, LLC) specializes in the administration of self-directed IRAs. Advanta IRA is also committed to educating our clients in using self-directed IRAs to invest in alternative assets. In pursuit of diversity and control of their own retirement funds, our clients invest in a variety of real estate assets including rental properties, rehabs and raw land. Other investors use their IRAs as private lenders, securing loans with a mortgage, or to invest in assets such as tax options and tax liens.