DENVER, CO -- 11/19/08 --
Real estate
investing in
Individual
Retirement Accounts will be the focus of a friendly, live Web event,
open to all, as two Colorado companies collaborate to shed light on a safe
and high-yielding alternative to the rollercoaster ride of financial
markets.
The
IRA-Real Estate Investing Webinar is set for Nov. 20 from 4-5 p.m. MST.
Individual questions will be answered. Register in advance at
www.newdirectionira.com or www.cmyatescapital.com.
Denver real estate entrepreneur Christopher Yates, president of CM
Yates, Inc., will explain how to invest in notes secured by the deeds of
trust of income properties throughout Denver. Credit partners in the firm's Private
Lender program get an initial upfront bonus of 1 to 4 percent, followed by
expected annual gains ranging from 12 to 15 percent. The minimum investment
is $10,000.
Real estate represents a way for people to invest safely in their self-directed IRAs and diversify
their holdings, said Bill Humphrey, principal officer at Entrust New
Direction IRA. The Lafayette, Colo.-based firm will co-host and record the
Nov. 20 Web event with Yates. An Entrust expert will outline a wide range
of legally permissible IRA investing options that go beyond traditional
stocks and bonds.
"It surprises a lot of people, but we have IRA clients who invest in all
kinds of real estate including golf courses, motels, and marinas," said
Humphrey. Also common are financial instruments secured by real estate such
as those offered by CM Yates.
Entrust New Direction IRA is one of 30 affiliates of The Entrust Group,
founded by tax expert and author Hubert Bromma. The firm assists clients in
establishing self-directed IRAs and company-wide 401(k) plans. It provides
education in investment alternatives but it does not sell specific
investments or investment advice.
CM Yates, led by Christopher Yates, offers investments not only in
high-yielding notes, but in individual residential properties. The company
buys about 10 Denver properties per month. It specializes in acquiring
foreclosure homes at steep discounts to prevailing market values. While
some are offered for sale, most become part of the company's growing,
incoming-producing portfolio.
Yates has been featured in national and international media. Personal Real
Estate Investor magazine (November/December 2008 issue) praises his
creative financing strategies in a feature titled "Assured Returns by the
Numbers." A recent interview at MSNBC.com reports his views on the U.S.
real estate market (www.msnbc.msn.com/id/27518326). His expertise was
sought and recently published by a prominent Russian real estate journal
(www.prodevelopment.ru/news/2321).
"Home values seem to have stabilized in certain parts of the country
including Denver," said Yates. "But investing in individual properties is
too tricky and time-consuming for most people. Our Private Lender program
gives them a way to participate in the upside of an improving market with
none of the hassles."
"That program offers exceptional out-of-the-box simplicity," said Humphrey,
who has handled hundreds of real estate transactions in his Entrust office.
Others are often much more complicated. To avoid losing the tax advantages
of an IRA, investors must do a lot of things by the book. For example, a
purchase offer must be submitted formally by the IRA, not personally by the
account owner.
A self-directed IRA must be opened and administered properly by an
IRS-approved custodian such as Entrust New Direction IRA. The company
strives to simplify a process fraught with perilous legal and tax
consequences, according to Humphrey. Like its Webinar co-sponsor, CM Yates,
Inc., he said, Entrust aims ultimately to empower individual investors to
succeed.
The IRA-Real Estate Investing Webinar is set for Nov. 20 from 4-5 p.m. MST.
Individual questions will be answered. Register in advance at
www.newdirectionIRA.com or www.cmyatescapital.com.
Disclaimer: This investment is not a security. Information provided herein
is not for the purpose of soliciting a security under State or Federal
regulations. This information is intended to provide alternatives to stock
market investments to private investors, but it is not intended to be a
solicitation of a security under SEC rules and definitions. This is
intended to be a private borrowing transaction.
CONTACTS:
Bill Humphrey
Entrust New Direction IRA, Inc.
303-546-7930
Christopher Yates
CM Yates, Inc.
720-279-1260