Apr 21, 2021
Today I had the pleasure of
speaking with the incredible Jennifer Falloon. She is the Sales
Manager for taxfreefuture.com, a self-directed IRA company. She has
been in the business for over eight years and is involved in
95-million worth of assets.
Let’s jump right into this
episode and learn more about the benefits and beauty of a
self-directed IRA.
[00:01 - 05:29] Opening Segment
- Let’s bring Jennifer Falloon to the
show.
- Jennifer talks about the beauty of
self-directed ARI.
-
- It allows busy professionals to own real estate
without being a landlord.
- Self-directed ARI is not for
everybody
-
- Wealth-building vehicle
- Wealth building is not for everybody because
there are people who are okay with 9-5 jobs.
[05:30 - 10:39] Leverage Smart
- Jennifer talks about how to leverage in a smart
way no avoid the recession effects.
-
- Not taking advantage of set-free
money.
- There are more millionaires made in 2008 than
probably any other history because they were smart.
- Why multi-family?
- Being self-directed, you could get that
opportunity to invest in such things, and you do not even have to
do real estate.
- If you are going to be self-directed, you have
to be self-educated and know what it is you are investing
in.
- Diversification of self-directed
investments.
[10:40 - 16:54]The Beauty of Self-directed
ARI
- Jennifer talks about being fully responsible
and serious about the investors’ money.
-
- If you want to start in multifamily, make sure
you partner up with somebody that knows more.
- Have a good tax attorney.
- Tax-Free Future company is the only
self-directed ARI company in the entire nation that offers a tax
attorney in your A-team as part of its services.
- Before you invest in anything, make sure that
everything is structured correctly so that you are not paying taxes
or just pay minimal taxes.
- Jennifer talks about the charging mechanism of
her Tax-Free Future company.
-
- One-time administration fee upfront and
$175/year.
- Makesure that you use a bank that is
investor-friendly.
[16:55 - 24:00] The importance of Self-Educating
yourself
- You have to be self-educated where you are
putting your money; otherwise, you are setting yourself for
failure.
- Jennifer answers a question about self-directed
ARI
-
- How to self-direct a 4O3?
- The benefits of Covid-19 situation to
self-directed ARI investment.
-
- You can now roll over your account without
penalty.
- The fear of risk in investment
-
- Do you choose to live in fear or put yourself
out there?
- Ask questions to build trust and start
small.
Tweetable Quotes:
“The beauty of self-directed is,
it allows busy professionals to own real estate without being a
landlord.”- Jennifer Falloon.
“If you are going to be
self-directed, you have to be self-educated and know what it is you
are investing in.”- Jennifer Falloon.
“Do you choose to live in fear
or put yourself out there?.”- Jennifer Falloon.
To know more or connect with
Jennifer, visit her company’s website at taxfreefuture.com or www.vorsainvestments.com.
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