In episode 4 of The Dealpen, Avi Rasowsky interviews Mandy Drysdale from IRA Club to discuss the ins and outs of self-directed retirement accounts for real estate investors. They cover topics such as the different retirement account options available, the benefits of using a self-directed IRA or solo 401k, and how to grow your retirement account quickly.

Tune in to learn more about managing retirement funds for real estate investments!

TIMESTAMPS

[00:01:18] Self-Directed Retirement Accounts.

[00:09:43] Even Children can have Income.

[00:15:23] Self-Directed Small Business Plans.

[00:18:27] Partnering in Real Estate Investments.

[00:21:13] Managing Rental Property with IRAs.

[00:26:54] Borrowing Money with an IRA.

[00:29:28] Retirement Account Tax Considerations.

[00:35:31] Ways to Grow Retirement Accounts.

[00:37:38] Educational Resources and Webinars.

[00:41:15] Jumping into Investment Opportunities.

QUOTES

• "The deals will almost find you once you're aware of what's out there and you start talking to people, you get to know different communities." - Mandy Drysdale
• "No, I just tell people just jump in. You got to say yes and figure it out later. Jump in, get educated, look at some different options and, and you'll be amazed at how far you can get these accounts to grow." - Mandy Drysdale
• “A lot of times investors will borrow money from private lenders that have IRAs and that's all good and fine. And it's a great situation, especially when the lender is comfortable, they've done it before and they understand what they're doing and they know how to vet the borrower.” - Avi Rasowsky

SOCIAL MEDIA LINKS

Avi Rasowsky

Instagram: https://www.instagram.com/avirasowsky/

Facebook: https://www.facebook.com/casgrowth/

LinkedIn: https://www.linkedin.com/in/avi-rasowsky-b600a18/

Mandy Drysdale

LinkedIn: https://www.linkedin.com/in/mandy-drysdale-7bb357133/

WEBSITE

IRA Club: https://www.iraclub.com/schedule-a-call/

• "If you do it right, you only got to make a million dollars once, or make a half a million dollars once, or make $200,000 once. You don't got to do it over and over again if you build it up and invest it right. You choose at what level you want to start investing." - David Alexander
• "But the problem is what happens nowadays is when they start wholesaling, they just want to get better at wholesaling. And I'll explain that whole theory. People have a tendency to get more detailed into something instead of having growth. So they want to build a system. They want to build a system around it so they work less. But all of a sudden, they start building the system. And now the system eats up more money." - David Alexander
• "Everyone literally is just helping each other. It's a pretty special feeling, which is, I think very rare. Cause there's a lot, I mean, there's a lot of people in the investing space that just want to get your money." - Avi Rasowsky

Facebook:
https://www.facebook.com/avi.rasowsky

In episode 2 of The Dealpen, Avi Rasowsky interviews Wendy Sweet as she shares insights on real estate investing, financing opportunities, and the importance of being a good borrower in the industry. They also share valuable lessons learned from past deals and highlight the significance of networking and attending industry events to grow your business.

Tune in to gain valuable insights into real estate investing, financing, and building successful partnerships in the industry.

TIMESTAMPS

[00:02:09] Alternative Investment Strategies.

[00:06:10] A Win-Win Deal.

[00:10:22] Importance of Building Relationships.

[00:14:17] Money Management and Consistency.

[00:17:30] Transparency and Networking in Business.

[00:22:30] The Safe Road in Real Estate.

[00:24:26] Finding Real Estate Deals Outside Cities.

[00:31:03] Crawlspace Secrets and Issues.

[00:36:23] Lessons from a Real Estate Deal.

[00:37:27] Lending Risks and Diversification.

[00:43:28] Buying Based on Buyer Preference.

[00:45:48] Path to Success.

[00:50:30] Real Estate Therapy Sessions.

[00:53:51] Investing with Carolina Capital Management.

QUOTES

• "But for me as a lender, a deal is anything that involves financing and real estate. And to me, it's the art of the deal. That's so exciting for me because whether you're a wholesaler, a rehabber, a new construction, a developer, or a note buyer, it's all about how you set the deal up, what the terms are, what's your buying strategy, what's your exit strategy. All of those things have to be taken into account on any deal you do." - Wendy Sweet
• "Every single time, I'm learning something new. And my rule on real estate deals is something always goes wrong. I just don't know what it's going to be yet. And sometimes a lot of things go wrong and you plow through them all. But as long as you're learning and getting more wisdom with the experience, I think that's the key." - Avi Rasowsky
• "I want to help them get out of it because it's hard, going through stuff like that. It's stressful. It happens to all of us, but it's not the end of the world. And if you can keep your stress at bay and understand that this too shall pass, I'll figure this out, your head clears up and you can start seeing what it is you should be doing." - Wendy Sweet

SOCIAL MEDIA LINKS

Avi Rasowsky

Instagram: https://www.instagram.com/avirasowsky/

Facebook: https://www.facebook.com/avi.rasowsky

LinkedIn: https://www.linkedin.com/in/avi-rasowsky-b600a18/

Wendy Sweet

Facebook: https://www.facebook.com/profile.php?id=100087503208442

LinkedIn: https://www.linkedin.com/in/wendysweethardmoneylender/

WEBSITE

Carolina Capital: https://carolinahardmoney.com/