8 min listen
DEAL OF THE WEEK -- Great Multi-Family, HUGE First-Year Deduction (Special Opportunity) | Episode 157
FromSelf Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's
DEAL OF THE WEEK -- Great Multi-Family, HUGE First-Year Deduction (Special Opportunity) | Episode 157
FromSelf Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's
ratings:
Length:
8 minutes
Released:
Nov 9, 2015
Format:
Podcast episode
Description
WHAT IF you could buy a GREAT MUTIFAMILY property that stands on it’s own as a GREAT INVESTMENT… but without spending a single penny more, you get a HUGE tax benefit for this year’s taxes… and in the process, you feed over 1,500 desperately poor children 2 meals every single day? Today’s DEAL OF THE WEEK is the ultimate example of doing very well for yourself while doing great good for others. I’m Bryan Ellis… this is Episode 157.----Hello SDI Nation! Welcome to the podcast of record for savvy self-directed investors like you!I’m REALLY JAZZED about today’s show, people! You’re going to hear about an awesome investment opportunity that – even if there wasn’t an EXTRAORDINARY social and spiritual benefit attached to it – would be a great deal all by itself. But with this add-on benefit… wow… this one is impossible to ignore.So here’s the thing…My wife Carole and I have a burning desire to bring practical help to people who are desperately poor and without hope. We don’t talk publicly about this private passion of ours very much, but we – and our companies – give rather aggressively to that effect. I’ll not share the numbers with you, but suffice it to say: We absolutely put our money where our mouth is on this.But I’m not really a fan of making the nebulous statement that, for every new client, we’ll donate to charity XYZ. I’m not critical of that, I just don’t think it’s for me. I like specificity.So how about this: Whoever gets in on the deal I describe to you today will not only get a GREAT and HIGH-CASH FLOWING multi-family investment deal that absolutely stands on its own in terms of quality, but you’ll also get a tax deduction of about $65,000 for THIS YEAR… and that money will be used to feed over 1,500 children 2 meals a day… children who live in the desperately poor slums of Nairobi, Kenya, in Africa… the single biggest slum in the entire world.If you’re listening to this show over at SDIRadio.com/157 be sure to check out the picture of the Nairobi slums… it’s heartbreaking… and that’s where you’ll be making a HUGE difference… literally a life-saving difference.Here’s the deal:I’ve got a GREAT multi-family unit in Birmingham, Alabama. It’s a 5-unit… each unit has 2 beds and one bath and it’s just been COMPLETELY renovated! It’s practically a brand new property!All 5 units are ALREADY rented. The Veteran’s Administration has rented the entire building for veterans who need housing. Each unit will collect $600 per month… a total of $3,000 per month. And here’s the thing: With the VA, you get your payments, period. On time, every time, every month. There’s no squabbling with tenants. You get your income, period. No question about it.Now folks, I’m not going to go into great detail on this deal, but I’ll put it like this: After factoring out property taxes, insurance, property management and very generous allowances for vacancy and maintenance, my calculations suggest you’ll end up with net annual cash flow of about $25,000. So after factoring in the purchase price of $250,000… well, you’ll be yielding a solid 10% on your money every year… not to mention the on-going tax benefits of depreciation and the potential – the probability, actually, of growing rents over time.So bottom line… this is a very, very good deal all on it’s own. No doubt about it… a very good deal. The numbers are solid… the valuation is appraiser-supported, the income is already contractually committed, the property management is experienced and in place… this is a turnkey investor’s dream scenario.But here’s how we’re making a deal that’s already WISE and PROFITABLE be even better… by adding a rare adjective for real estate investments: LIFE-SAVING.I’m going to be brutally honest with you about this. This property is worth $250,000 as I mentioned. And I’ve got a good opportunity on this one… I can buy, totally finished, for $185,000. That’s a difference of $65,000.What I want to do is see that money – the part of the deal t
Released:
Nov 9, 2015
Format:
Podcast episode
Titles in the series (100)
SDI 011: Race Bigots, Political Correctness, and DANGER to Your Stock Portfolio: a FOOL's GAME: how major companies have been substantially damaged by racial politics from bigots like Jesse Jackson and Al Sharpton... and why this is hard evidence that you must diversify AWAY from Wall Street into investments that actually... by Self Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's