Los Angeles, CA (PRWEB) July 29, 2014
Members of Sam's Real Estate Club have attended an informative session to learn about innovative retirement solutions, such as Individual 401 k and self directed IRA at their last meeting. Sam Sadat, the founder and president of Sam's Real Estate Club, invited Dmitriy Fomichenko, president of Sense Financial, to attend the meeting as a guest speaker and to share his insights on the topic.
The meeting was a big success with full house attendance. Many members of the club has joined the meeting from Orange County, Santa Monica, Pasadena, Burbank, Glendale, Beverly Hills, Culver City, and other parts of Los Angeles County to network and exchange updates of the real estate market.
At the meetings, club members also enjoyed learning about Individual 401 k and self directed IRA. Dmitriy revealed how real estate investors can take advantage of flexible retirement plans to invest in assets of their choices and to grow their savings more efficiently. Over the years, Dmitriy and his team has helped hundreds of investors build their optimized, well-balanced retirement portfolios.
Speaking of Dmitriy’s speech at the meeting, Sam's Real Estate Club President, Sam Sadat, said: "Dmitriy is a good communicator with a nice stage presence. He offers valuable services to anyone interested in using real estate as an investment vehicle. We’re happy to recommend him to our members.”
Edward Synicky, Managing Partner of Prudent Consulting LLC, also attended the event. Prudent Consulting specializes in connecting investors with different investment opportunities in real estate. Regarding retirement accounts, he shared that "diversifying your portfolio by adding real estate to a retirement account is a great idea and one that will allow tremendous growth by sheltering all of your appreciation and rental income from taxes.”
Edward also recommends trust deeds as a viable investment options for Individual 401 k and Self Directed IRA accounts, noting that “adding real property to your retirement account is a wise thing to do. But not all people like or want to manage income property. Another way to profit from real estate, but doing it in a passive way, is to buy trust deeds with your retirement funds. No toilets to fix with a trust deed.”
Also present at the meeting was Christina Suter, a successful entrepreneur and business consultant from Pasadena, California. After years of experience in business and real estate investing, Christina founded Ground Level Consulting to share her knowledge and successfully provide guidance to many small business owners and starting investors. Christina also runs a real estate club of her own with many active members.
Dmitriy's presentation gave her optimism that innovative and efficient retirement plans like Individual 401 k will become more accessible to investors. "I have often suggested to my clients that a self directed IRA or a Solo 401k is exactly what they need to do," Christina noted. "The self directed IRA for years was considered a niche product only to be used by either the super wealthy or the highly sophisticated investor. With the help of people that have become deeply knowledgeable in this area like Dmitriy and Sense Financial it is now a common place alternative for investors looking to have control over all of their net worth and truly preparing for retirement in a proactive and thoughtful fashion.”
Sense Financial is California's leading provider of retirement accounts with “Checkbook Control”: the Solo 401k and the Checkbook IRA. Over the years, they have assisted hundreds of clients obtain checkbook control over their retirement accounts while providing them with the ability to invest in virtually any investment class, including real estate, private lending, mortgage notes and much more without the need for custodian approval.
To learn more about the solutions they provide, please visit sensefinancial.com.