American IRA, Jim Hitt
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FAR 186
Expected Air Date: 9/13/18Opening
One of the great opportunities in front of you as a real estate investor is the chance to invest your money through a Roth IRA, make profit, grow that wealth and one day when you retire, pay NO taxes on the profits. That\\u2019s just ONE thing a self-directed IRA can do for you. We welcome to the show today a new sponsor, American IRA. American IRA is dedicated to helping investors grow their wealth through self-direction and there is a healthy focus on real estate. With offices in Asheville and Charlotte, NC and Atlanta, GA, American IRA is ready to get your started, point you in the right direction, and keep you safe as you navigate the sometimes murky waters of IRS regulations. American IRA founder and President Jim Hitt will be joining us in just a few minutes. Jim started his career in the restaurant business, got involved in real estate and just never looked back. He\\u2019s been in real estate in one way or another for three decades. His commitment is to help other investors grow their wealth wisely and safely through the use of retirement accounts. He\\u2019s going to tell us about the basic setup of an IRA, answer some key questions about structure, growing your funds, strategies for investing, and the different type of options available to you. How to contact us www.flippingamericanetwork.com Facebook.com/flippingamericamedia Twitter and Instagram @FlippingAmerica YouTube: bit.ly/FlippingAmericaOnYouTube Linkedin: bit.ly/FlippingAmericaOnLinkedIn We now have a profile at houzz.com for what it\\u2019s worth. Call our National Comment Line: 404-369-1018, ext 1. Leave your message or your question.Announcements:
- September 12, Chantelle Owens at Flipping Atlanta, Tax Liens
- FlipStarter October 13, Atlanta, GA \\xa0
- Lunch with me every Wednesday.
- Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It\\u2019s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
- Want a quick analytical tool to tell you how strong a potential fix and flip deal is? Download the Property Grade app. You answer 10 simple questions about the property and the app instantly tells you what you can expect to make, your return on investment, your return on cash, and then the program gives the project a letter grade using the proprietary Flipping America Investment Property Grade algorithm. \\xa0
Guest: Jim Hitt, American IRA \\xa0\\xa0
Comment Line calls and Questions
Call 404-369-1018, press 1 and leave your message!Emails:
Questions@flippingamericaradio.com Tell us where you\\u2019re from!- Alphonso, Marietta, GA, \\u201cWith the hurricanes threatening the east coast, can you comment about the impact of hurricanes and real estate investing?\\u201d
- Julian, Bay City, MI, \\u201cI watch the TV shows, and now I\\u2019ve found your show and I\\u2019m intrigued. There might be some opportunities around here, but we have long winters and I\\u2019m not sure it\\u2019s a good idea to be trying to do this in the winter time. What are your thoughts?\\u201d
- Cheryl, Washington, DC, \\u201cDoes price range matter?\\u201d
- Polly, Visalia, CA, \\u201cI have an opportunity to buy an almond grove that is past its prime. The owner has gotten old and lost interest. The upside is our town needs housing and I could turn this into a nice subdivision of starter homes. But I have no idea how to proceed. Any suggestions?\\u201d
- Edward, Columbia, SC, \\u201cSomeone told me that you mentioned on the show that our city is one of the few major metropolitan areas in the country that is NOT on fire. Why is that? And since I live in Columbia should I be looking elsewhere for opportunities?\\u201d
Motivational Thoughts for the day
- Expect problems and eat them for breakfast. Alfred A. Montapert