The Solo 401k can be invested into real estate
Orange County, CA (PRWEB) May 04, 2013
National speaker Bruce Norris of The Norris Group will present “California Real Estate Market is Poised to Pop” at the upcoming meeting of the Orange County Investment Club FIBI (For Investors By Investors). The local network of like-minded real estate investors and entrepreneurs meets monthly to learn and exchange ideas. Their much-anticipated event will be held this Tuesday, May 7, 2013 at the Hilton Irvine-Orange County Airport Hotel in Irvine, CA.
Bruce Norris is a well-known speaker and host of a radio show that focuses on real estate issues and trends. His show has featured interviews with world-renowned economists, government leaders, and experts in the real estate industry. Mr. Norris is known for his expertise on long-term market timing trends. He was the author of The California Comeback Report in 1997 and The California Crash in 2006, both which provided in-depth and accurate analyses into market trends within the state. He is also an active investor and real estate educator.
“California Real Estate Market is Poised to Pop” will focus on the present trends and coming changes, as well as the strategies needed to thrive within the market. The presentation will include the following topics: the importance of inventory, buyer demand, the effects of Wall Street’s participation, the effects of low interest rates, and available and potential opportunities.
Sense Financial Services will serve as a sponsor of the event. The president of the company Dmitriy Fomichenko will present a case study of the self-directed Solo 401k retirement account (also known as Individual 401k). Sense Financial Services is California’s leading provider of self-directed retirement account. Many of its clients use their self-directed account to invest in real estate.
The Solo 401k features an investment capability which allows investment into both traditional and non-traditional assets. The plan is a traditional 401k that has been simplified for the self-employed and small business owner. Many real estate professionals qualify for the Solo 401k, and many real estate investors are drawn to the unlimited investment capability of the plan. Solo 401k participants often use the plan to invest in real estate.
The meeting will begin at 6:00 pm with a bonus tutorial session with Professor Leonard Baron. His session will focus on income taxes. The main presentation will be from 7:00 to 9:00 pm, with opportunities for networking after the meeting. The meeting will also include market updates and live investor profiles.
About Orange County Investment Club:
The Orange County Investment Group was created to unite investors and business owners in order to learn, network, and exchange thoughts and ideas. Members of the group include real estate investors, brokers, agents, lenders, business owners, and entrepreneurs. All are welcome to join. The Orange County FIBI meets on the first Tuesday of every month in Santa Ana, CA.
For more information, please visit: meetup.com/Orange-County-FIBI/
About Sense Financial Services:
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 contact: (949) 228-9393.