Contracts and Assignments from Carrington Fisk on Vimeo.

Exclusively for Members of CarringtonFisk.com. Learn some of the must-haves and key negotiation aspects of contracts and how to assign your contract on real property.

Credit Repair from Carrington Fisk on Vimeo.

Why not take control of your retirement?

What is a Self-Directed IRA?

A self-directed IRA is just that – an IRA vehicle that allows you to direct the investments made in your retirement account. Some broker dealers (think Fidelity, Charles Shwab) offer “self-directed” IRA platforms, but you can only invest in stocks, bonds, and mutual funds. A truly self-directed IRA allows you to purchase tax liens, properties, notes, and more!

How do I get one?

There are two companies I recommend and which one you should choose depends on how much you have available in your IRA/401K to roll into your new self-directed IRA.

If you have more than $25K

Go with Guidant Financial. They have a pretty high setup fee ($3,000 to $5,000) but very low annual fees and their program is revolutionary. They form an IRA-owned LLC or corporation for which you act as director, giving you checkbook control over your IRA funds!

The person I’ve used and the person to whom I sent all of my students is Kieth Tracy. Kieth is well-versed in what you want to do as a real estate investor. Drop my name to move your case to the top of the queue.

It’s amazing and VERY powerful for those of us in this real estate business (the quick and the dead right?!).

• Click here to go to Guidant Financial’s website
• Contact Keith directly at:
  888-472-4455 x3220
  keith.tracy@guidantfinancial.com

If you have less than $25K

Go with Equity Trust Company. Equity Trust (formerly Mid-Ohio Securities) offers a variety of programs and one of them is tailored for real estate investors. They are a low cost provider and therefore will be a little bit cumbersome when you want to make an investment. They offer great flexibility and if you have less than $25k in your IRA/401K that you’re going to roll over, they’re a great option to help you really grow your account.

• Click here to go to Equity Trust’s website

RealtyTrac

RealtyTrac is the leader in foreclosure information. For $59.99 per month, you gain access to the largest database of pre-foreclosure, auction, and bank-owned (REO) properties. RealtyTrac is often the reference cited when major US publications cite foreclosure statistics. RealtyTrac also offers a 7-day free trial so you can determine the value of the site before you being paying.

• Get a 7-Day FREE trial with RealtyTrac! Find a foreclosed property now!

RealQuest

RealQuest is a data supplier for many title companies and appraisers. Pulling from public record all over the country, RealQuest is a must-have for real estate investors of any level. They have a variety of monthly plans available, but the best value is in their Platinum Membership at $149.95 per month. Users can pull comparables, search foreclosure records, and find ownership information on over 150 million properties in over 3,000 counties in the USA.

• Click here to visit RealQuest’s website

Spend less time making more money! I’ve used oDesk many times in the past with AMAZING results.

oDesk has everything from virtual assistants to web developers to graphic designers from all over the world competing for your business.

Is it really that good a deal?

To give you an idea of your cost savings, I recently hired an oDesk provider to connect my merchant account to my Divinity online store. Not only was it done in one night, but it cost me $100. That’s a discount of more than $200 vs. using a local company (who was the least expensive!).

oDesk keeps service providers honest by capturing their screen images while they work so you’re not overcharged! My word of advice to you is to ensure the provider has a 5 out of 5 in the English competency test. Otherwise, you’ll be very frustrated!

Business: Proposed private offering pooled equity vehicle focused on the acquisition and divestiture of bank-owned residential real estate.

Operations: By exploiting relationships with banks, hedge funds, and property portfolio managers Trinity will seek to acquire property “tapes”. “Tapes” are lists of properties that can typically be acquired at between 30% and 40% of market value. For high-potential properties, tenants will be installed and the property will be kept for appreciation and current income. Marginal- and low-potential properties will be wholesaled to investors or end users.

Business: The Sanctuary is a mixed martial arts training center located in the South Metro Denver area.

Operations: Combining powerful fight strategies from multiple disciplines, The Sanctuary is dedicated to being the leading MMA facility in Colorado. With champion instructors from MMA, Shotokan Karate, Sambo, and Brazilian Jiu Jitsu, The Sanctuary will be a one-stop-shop for prospective competitors, fans, and those who just want to get in shape.

Business: Fisk Financial manages multiple private investment limited partnership programs.

Operations: Fisk Financial manages private securities offerings giving investors an outlet for their risk allocation of their portfolio. Asset classes of planned and past offerings include foreign currency trading programs, real estate wholesaling, real estate portfolio acquisitions and tenant management, and oil and gas infield drilling & acquisitions.

Business: Transportality leverages pooled purchasing power to save small- to medium-sized businesses up to 40% on their shipping costs through major carriers.

Operations: Offering a turn-key shipping system, Transportality creates cost savings of up to 40% on ground and air shipments. Small- and medium-sized businesses can ship DHL and FedEx from one central site and have a full-service representative to handle any issues plus sortable and data-filled billing statements. All for FREE.