All Forum Posts by: Elizabeth Lark

Calling all Richmond VA area real estate investors and real estate professionals!

Join other local real estate investor rock stars and secure your spot as a founding member of the Cash-Flow Breakfast Club – Richmond VA chapter!

This is a FREE real estate investor education, mastermind and networking event. It is open to the public, however there is very limited seating. Make sure to RSVP today to reserve your spot.

Very limited seating. In-person only

Make sure to RSVP today to reserve your spot.

When: November 21, 2024, at 5:45pm-9:00pm EST

Where: 6806 Paragon Place, Ste. 300. Richmond, VA, 23230

https://the.cashflowbreakfastclub.com/RichmondVA

Calling all Richmond VA area real estate investors and real estate professionals!

Join other local real estate investor rock stars and secure your spot as a founding member of the Cash-Flow Breakfast Club – Richmond VA chapter!

This is a FREE real estate investor education, mastermind and networking event. It is open to the public, however there is very limited seating. Make sure to RSVP today to reserve your spot.

Very limited seating. In-person only

When: October 22, 2024, at 5:45pm-9:00pm EST

Where: 6806 Paragon Place, Ste. 300. Richmond, VA, 23230

Quote from @Elizabeth Lark:

Richmond VA Real Estate Investors, Agents and Professionals!
We recently launched a Cash-Flow Breakfast Club for your area! This is the most unique real estate investor club, education, networking and mastermind event in the US!

This is a 12 part education series with new topics every month.
This event is session 5 of 12!

(it's ok to attend even if you missed previous sessions. Each session has stand alone topics. You can also attend other near by locations to get caught up on sessions that you have missed.)

This event is free but has very limited seating and we are limited to the first 50 to RSVP! 

Very limited seating. In-person only.
Make sure to RSVP today to reserve your spot.
When: May 30, 2024 @ 5:45 PM - 8:45PM EST
Where: Liz Moore & Associates: 14061 Midlothian Turnpike Midlothian, VA 23113

Register here to reserve your seat:

It's almost time for Session 5! Are you prepared for retirement? What does it mean to snow-ball cashflow? Come out and join us on May 30th to learn more and to network with some amazing folks!

Richmond VA Real Estate Investors, Agents and Professionals!
We recently launched a Cash-Flow Breakfast Club for your area! This is the most unique real estate investor club, education, networking and mastermind event in the US!

This is a 12 part education series with new topics every month.
This event is session 5 of 12!

(it's ok to attend even if you missed previous sessions. Each session has stand alone topics. You can also attend other near by locations to get caught up on sessions that you have missed.)

This event is free but has very limited seating and we are limited to the first 50 to RSVP! Join us and become a founding member of this amazing community!

Very limited seating. In-person only.
Make sure to RSVP today to reserve your spot.
When: May 30, 2024 @ 5:45 PM - 8:45PM EST
Where: Liz Moore & Associates: 14061 Midlothian Turnpike Midlothian, VA 23113

Register here to reserve your seat:

The Cash-Flow Breakfast Club is NOT just a meet up. It’s the most unique Real Estate Investor Community of Mentors, Coaches & Masterminds. A community of growth oriented, abundance mindset, go-giver individuals with a BARE MINIMUM commitment to become financially free through real estate investing.

We focus on providing education and building networks to help every member solve their cash-flow freedom equation, so they can have the time-freedom needed to follow their passions, make a lasting impact and even change the world! The unique format of this event, which consists of high-level education, gamified networking, mastermind breakout sessions, case studies, group deal analysis, market deep dives, and peer-to-peer coaching facilitation makes this the most impactful local real estate investor group a real estate investor can be a part of.

The foundation of the group is built around the belief that everyone in the room has the potential to change the world… however most of us never have the time, energy or financial situation to even dare to dream big enough. Most of us have passions that will never be followed, amazing businesses or ideas that will never be pursued… unless we can solve the Cash-Flow Freedom Equation, which ultimately leads to Time-Freedom. Once that happens it is usually much easier for us to think bigger, dream bigger, be bigger.

Register here to reserve your seat today:

This event is FREE to attend. Light refreshments will be provided.

Richmond VA Real Estate Investors, Agents and Professionals!
We recently launched a Cash-Flow Breakfast Club for your area! This is the most unique real estate investor club, education, networking and mastermind event in the US!

Join us for our official launch event for Richmond VA on March 28.
This is a 12 part education series with new topics every month.
This event is session 4 of 12!

(it's ok to attend even if you missed previous sessions. Each session has stand alone topics. You can also attend other near by locations to get caught up on sessions that you have missed.)

This event is free but has very limited seating and we are limited to the first 50 to RSVP! Join us and become a founding member of this amazing community!

Very limited seating. In-person only.
Make sure to RSVP today to reserve your spot.
When: April 25, 2024 @ 5:45 PM - 8:45PM EST
Where: Liz Moore & Associates: 14061 Midlothian Turnpike Midlothian, VA 23113

Register here to reserve your seat:

The Cash-Flow Breakfast Club is NOT just a meet up. It’s the most unique Real Estate Investor Community of Mentors, Coaches & Masterminds. A community of growth oriented, abundance mindset, go-giver individuals with a BARE MINIMUM commitment to become financially free through real estate investing.

We focus on providing education and building networks to help every member solve their cash-flow freedom equation, so they can have the time-freedom needed to follow their passions, make a lasting impact and even change the world! The unique format of this event, which consists of high-level education, gamified networking, mastermind breakout sessions, case studies, group deal analysis, market deep dives, and peer-to-peer coaching facilitation makes this the most impactful local real estate investor group a real estate investor can be a part of.

The foundation of the group is built around the belief that everyone in the room has the potential to change the world… however most of us never have the time, energy or financial situation to even dare to dream big enough. Most of us have passions that will never be followed, amazing businesses or ideas that will never be pursued… unless we can solve the Cash-Flow Freedom Equation, which ultimately leads to Time-Freedom. Once that happens it is usually much easier for us to think bigger, dream bigger, be bigger.

Register here to reserve your seat today:

This event is FREE to attend. Light refreshments will be provided.

Richmond VA Real Estate Investors, Agents and Professionals!
We just launched a Cash-Flow Breakfast Club for your area! This is the most unique real estate investor club, education, networking and mastermind event in the US!

Join us for our official launch event for Richmond VA on March 28.
This is a 12 part education series with new topics every month.
This event is session 3 of 12!

(it's ok to attend even if you missed previous sessions. Each session has stand alone topics. You can also attend other near by locations to get caught up on sessions that you have missed.)

This event is free but has very limited seating and we are limited to the first 50 to RSVP! Join us and become a founding member of this amazing community!

Very limited seating. In-person only.
Make sure to RSVP today to reserve your spot.
When: March 28, 2024 @ 5:45 PM - 8:45PM EST
Where: Liz Moore & Associates: 14061 Midlothian Turnpike Midlothian, VA 23113

Register here to reserve your seat: https://the.cashflowbreakfastclub.com/RichmondVA

The Cash-Flow Breakfast Club is NOT just a meet up. It’s the most unique Real Estate Investor Community of Mentors, Coaches & Masterminds. A community of growth oriented, abundance mindset, go-giver individuals with a BARE MINIMUM commitment to become financially free through real estate investing.

We focus on providing education and building networks to help every member solve their cash-flow freedom equation, so they can have the time-freedom needed to follow their passions, make a lasting impact and even change the world! The unique format of this event, which consists of high-level education, gamified networking, mastermind breakout sessions, case studies, group deal analysis, market deep dives, and peer-to-peer coaching facilitation makes this the most impactful local real estate investor group a real estate investor can be a part of.

The foundation of the group is built around the belief that everyone in the room has the potential to change the world… however most of us never have the time, energy or financial situation to even dare to dream big enough. Most of us have passions that will never be followed, amazing businesses or ideas that will never be pursued… unless we can solve the Cash-Flow Freedom Equation, which ultimately leads to Time-Freedom. Once that happens it is usually much easier for us to think bigger, dream bigger, be bigger.

Register here to reserve your seat today: https://the.cashflowbreakfastclub.com/RichmondVA

Quote from @Kaaren Hall:

Investing your Individual Retirement Account (IRA) in real estate presents lucrative opportunities, but it entails specific rules and considerations. Same with the Solo 401(k) for those who are self-employed. Happy to discuss your questions!!

 Thanks! I'll send you a connection request. 

Quote from @David M.:

@Elizabeth Lark self directed accounts are so "interesting" that my accountant won't touch them.  Its not cost effective for him (even if billing by the hour) nor for the client to deal with it because most people just screw it up.

I know there are lots of people pushing for self-directed accounts.  I'm sure if one can walk that "straight and narrow" path to doing it right, then its worth it.  But, I'm not that desperate to potentially jeopardize my account's status.

As for private lending, I THINK debt is safer with the self directed accounts.  but, like I said, I've stayed away from it all.  Sorry, i can't help more.  Good luck.

The custodian for my account has been very helpful in making sure that I know and understand the "rules" around how I can utilize the funds for real estate investing. That's really helped me to feel more comfortable about leveraging the account for real estate investments. I'm finding that purchasing properties to hold or to fix & flip isn't really the investment strategy that I want to execute. I'm going to give lending out of the account a try to see how I like that. At the moment, I'm lending on local deals and I've been proceeding with caution for sure (putting a lot of the guardrails that Bill mentioned in his post in place). Thanks for taking time to share your perspective! 

Quote from @David M.:

@Elizabeth Lark self directed accounts are so "interesting" that my accountant won't touch them.  Its not cost effective for him (even if billing by the hour) nor for the client to deal with it because most people just screw it up.

I know there are lots of people pushing for self-directed accounts.  I'm sure if one can walk that "straight and narrow" path to doing it right, then its worth it.  But, I'm not that desperate to potentially jeopardize my account's status.

As for private lending, I THINK debt is safer with the self directed accounts.  but, like I said, I've stayed away from it all.  Sorry, i can't help more.  Good luck.

Thanks @Bill B. - I think I'm on the right track!

Thanks @Bill B. for the detailed response. You have hit ALL of the areas of concern that I have with using my account for buy and hold or fix & flips. I've had some folks recommend using it for those purposes and I just can't see the benefit. I thought maybe I was missing something. I was looking for someone who is more experienced than I am to confirm my assumptions so I appreciate you taking the time to break it down. 

What are your thoughts on using self directed retirement accounts for private money lending? That's what I'm doing at the moment. (Maybe that should be an entirely separate thread)