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Episode 300: Maximizing Returns with Real Estate Investments, with Michael T Parks
- 2024/12/11
- 再生時間： 35 分
- ポッドキャスト
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サマリー
あらすじ・解説
Michael helps busy professionals find their path to wealth. Through the Navigator Wealth Fund, Michael is helping clients diversify their portfolios with high-quality real estate and private money loans so they can retire confidently. Michael has been involved in real estate investing for over 10 years and is a project manager and real estate operator at his core. Clients look to Michael as their copilot to navigate the world of private placement investing in real estate. Michael is a real estate investor who has worked for REITs managing $30B in hotels, commercial offices, logistics, and senior living assets. Michael is a licensed real estate salesperson and a certified Project Management Professional. What You Will Learn: Who is Michael T Parks? Michael shares his background in technology and military, including his work with Accenture and publicly traded REITs. Exploration of earning passive income through real estate while maintaining a job. Michael explains the "Retirement 4% Rule," which suggests retirees can withdraw 4% of their invested assets annually. Identifying high-quality class A assets as potential investment areas despite the general decline in the office market. Michael expresses his continued interest in the multifamily and self-storage sectors. Why real estate developers might opt for private money instead of traditional bank loans? Benefits of private money lending for investors, including higher returns compared to traditional equity investments. Michael shares his experience flipping a 15-unit building and highlights the potential for larger returns. Benefits of private money lending within an IRA to avoid UBIT. Advantages of holding real estate in retirement accounts for tax-deferred growth and wealth accumulation. Considerations for withdrawing funds in retirement and the potential tax implications. What is the importance of finding knowledgeable CPAs who can assist with these strategies? Michael's preference for real estate investing over whole life insurance due to higher potential returns. Importance of working with professionals and mentors in the real estate space to gain knowledge and confidence. Matt shares how everyone can contact him. Additional Resources from Ted and Garrett Sutton: Website: https://navwf.com/ Email: michael@navwf.com Phone: +1 (781) 789-5474 LinkedIn: https://linkedin.com/in/michaelthomasparks Facebook: https://www.facebook.com/michaelparksrealestate/ YouTube: Attention Investors and Agents Are you looking to grow your business? Need to connect with aggressive like-minded people like yourself? We have all the right tools, knowledge, and coaching to positively effect your bottom line. Visit:http://globalinvestoragent.com/join-gia-team to see what we can offer and to schedule your FREE consultation! Our NEW book is out...order yours NOW! Global Investor Agent: How Do You Thrive Not Just Survive in a Market Shift? Get your copy here: https://amzn.to/3SV0khX HEY! You should be in class this coming Monday (MNL). It's Free and packed with actions you should take now! Here's the link to register: https://us02web.zoom.us/webinar/register/WN_sNMjT-5DTIakCFO2ronDCg