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All Forum Posts by: Scott Berry

Scott Berry has started 2 posts and replied 7 times.

Post: Self-Directed IRA Trustees for Syndication Investment

Scott BerryPosted
  • Financial Advisor
  • Posts 7
  • Votes 2

@AJ Shepard  Thanks for the recommendations. I will check them out.

@George Blower  As a newbie, I appreciate the detailed insights.

@Taylor L.  Thanks for the follow-up comment.

@Lee Ripma  I will steer clear of Equity Trust.  Thanks.

Post: Self-Directed IRA Trustees for Syndication Investment

Scott BerryPosted
  • Financial Advisor
  • Posts 7
  • Votes 2

Please share your recommendation (and reason) for a Self-Directed IRA Trustee, specifically for real estate syndication investments. Thank you.

Thanks for your comments everyone. When I read the article, it gave pause for a moment. But as several of you noted, this is going to be a growing swell and not a tidal wave. I think it will open more opportunities for investors. Open markets are pretty efficient and the”problem” will resolve itself.

Happy Thanksgiving all!

https://apple.news/AX7CP7hklRjORcDx7-Osy6w

This is an interesting article from the Wall Street Journal about the 21 million boomers who will be selling their homes over the next 20 years. They will be selling because they moved to assisted living, moved in with their kids or just died. It should affect AZ & FL the most but there will be ripple effects elsewhere. Check it out and share your thoughts.

Post: Email scam almost cost me 1 million dollars

Scott BerryPosted
  • Financial Advisor
  • Posts 7
  • Votes 2

@Account Closed

The same thing happened to my father though they appropriated his realtor’s email. Thank goodness his bank thought something was not right and caught it.

My sister-in-law is an escrow officer and warns all clients not to wire any funds until they confirm the info by phone. This scam is rampant!

Post: Turnkey Rentals for out of state investing.

Scott BerryPosted
  • Financial Advisor
  • Posts 7
  • Votes 2

@Melissa Nash Nailed it!

@Matthew John. Great post! Sometimes trying something a little different can payoff. Thanks for sharing all the details.