“Be thankful for what you have; you’ll end up having more. If you concentrate on what you don’t have, you will never, ever have enough.” – Oprah Winfrey

Giving Thanks

There are many things my family and I have to be thankful for this year. Out of all those things I am so very thankful for this Thanksgiving season, our relationship is at the top of my list. Happy Thanksgiving form my home to yours!


Why Apartments are the Hottest Investment in Real Estate Amid COVID-19

Check out this interview with entrepreneur, author, and winner of last season’s “Undercover Billionaire”, Grant Cardone as he discusses the recent surge in commercial real estate amid the COVID-19 Pandemic.

Tax Bill Update – Proposed Ban on IRA Accredited Investments Has Been Removed

In last month’s newsletter I provided some information that investing in alternative assets, such as real estate, with your Self-Directed IRA could be in jeopardy due to provisions in the “Build Back Better Act” (Budget Reconciliation Bill) that is currently being negotiated by Congress and the Biden Administration. The original $3.5 Trillion reconciliation package would have prohibited IRAs from holding privately-placed equity and debt securities and other investments that require IRA owners to meet minimum financial, educational or licensing requirements.

I am happy to report that as of October 28th, these provisions have been removed from this $1.75 Trillion legislation package that is now half the size of President Biden’s initial proposal.

Self-Directed IRAs and Solo 401(k)s are similar to their traditional counterparts but they provide more investment options to the account holder. The Self-Directed structure is a solution that allows one to use his or her retirement funds to make real estate and other alternative investments without tax implications.

In fact, this is how I was able to start investing in real estate by utilizing some of my Rollover IRA and 401(k) funds and moving it into a Self Directed 401(K). From there I was able to invest passively into a few great multifamily deals on my own and with partners.

If you are interested in hearing more about this, I would be happy to get on a quick call or video conference. You can schedule with me by clicking here. Or if you would like to investigate on your own, check out these resources:

IRA Financial Group

Quest Trust Company


*This s not intended to sell any securities nor do we provide investment, legal or tax advise. 

Alex Rodriguez on Warren Buffett, why he’s bullish on real estate, and his stake in an NBA franchise

In last month’s newsletter I posted an article about Alex Rodriguez’s recent investment in an apartment building. Check out this interview to learn more about his real estate business, his relationship with Warren Buffett, and why he decided to take a partial stake in an NBA franchise.


I am now an ADU Specialist

I recently received my ADU Specialist Credential and am assisting homeowners, investors and developers understand site eligibility, local regulations, development process/costs and the return on investment.

Accessory Dwelling Units (ADU) are also known as secondary units, in-law units, granny flats, backyard cottages, etc. No matter what you call them, ADUs are an innovative, affordable, effective option for adding much needed housing in California. They are self contained residential units on the same property as a single-family home or a multi-family building. ADUs must have a kitchen (or efficiency kitchen), bathroom, place to sleep and a separate entrance from the main property. You can use an ADU to house family or friends, or lease to a rent-paying tenant.  New policies are making ADUs more affordable to build, in part by limiting development impact fees and relaxing zoning requirements. By design, ADUs are more affordable and can provide additional income to homeowners and often the rent generated from the ADU can pay for the entire project in a matter of years.

If you or someone you know might be interested in learning more how to help solve the current affordable housing crisis while also creating some additional and passive income, please contact me.