The Dealpen
I'm your host, Avi Rasowsky, and I’m excited to introduce you to this podcast!
This is your backstage pass to hear untold stories from crafty real estate investors. As a former bullpen pitcher, turned real estate investor, I’ll be sharing some of the similarities between sitting in the bullpen, waiting for that high-pressure moment to come into a baseball game, to now, waiting for my chance to dive into complex real estate deals.
But more importantly, we’ll be learning from a wide range of experienced, knowledgeable, and relentless real estate investors who don’t know the meaning of giving up when a deal gets to be challenging.
In The Dealpen, we'll explore some of the most difficult barriers to getting deals done, and how to overcome them with creative methods. We’ll be diving into foreclosures in the bottom of the ninth inning, messy title situations, complex probate issues, financing, and everything in between.
But here's the pitch: real estate and baseball? They're more alike than you think. Both require strategy, teamwork, and learning from others' experiences.
Just like in the bullpen, where teammates might share notes on how to face specific batters in crucial game situations, here in The Dealpen, we'll share insights from investors who are flipping houses, renting out properties, creating owner finance notes, and much more. We’ll also chat with private lenders, attorneys, and other professionals who will help you navigate the wonderful world of off market deals. Because in real estate, something always goes wrong. But with insights from our guests, we'll learn how to tackle those curveballs together.
So, grab those headphones and join me in The Dealpen, and let’s build wealth, one deal at a time!
The Dealpen
Taking Control Of Your Financial Future with Ramez Fakhoury from IRA Club
In episode 6 of The Dealpen, Avi Rasowsky interviews Ramez Fakhoury, Vice President of the IRA Club, to uncover insights into self-directed retirement accounts and alternative investments. They also discuss the importance of education, the benefits of self-directed retirement accounts, and the strategies for building a stable future with predictable value.
Tune in to learn more about leveraging retirement accounts for real estate investments.
TIMESTAMPS
[00:01:45] Shifting careers for love.
[00:06:14] Rethinking retirement account strategies.
[00:11:14] Retirement challenges and solutions.
[00:14:55] Real estate outperforms stock market.
[00:17:21] Self-directed retirement account education.
[00:21:04] Alternative Investments in Real Estate.
[00:24:26] The evolution of IRA Club.
[00:27:51] The impact of 2008 recession.
[00:34:27] AI Smart Folios in retirement.
[00:37:13] The Yale model.
[00:41:33] Multiple IRAs and FDIC insurance.
[00:45:01] Real estate investment opportunities.
[00:50:31] Retirement account control.
[00:51:12] Due diligence in investments.
[00:58:05] Alternative investment options.
[00:59:23] Partnering in real estate investments.
[01:04:23] Self-Directed Investing
[01:08:02] Self-directed retirement account education.
[01:11:53] Double-digit returns in investing.
- QUOTES
- “Numbers don't lie at the end of the day, that is the ultimate truth. You cannot compare the stock market to real estate.” - Ramez Fakhoury
- “You should never have a quarter of a million dollars sitting inside your retirement account. Your money's got to be working for you all the time.” - Ramez Fakhoury
- “Yeah, I think I've seen so many people that get into wanting to lend with their eyes wide open, but the savvy lenders that I had the pleasure to work with that really know what they're doing, they've done it for some of them for many, many years, they really take control of the deal and they know I'm not sending this until I get X, Y, Z.” - Avi Rasowsky
SOCIAL MEDIA LINKS
Avi Rasowsky
Instagram: https://www.instagram.com/avirasowsky/
Facebook: https://www.facebook.com/avi.rasowsky
LinkedIn: https://www.linkedin.com/in/avi-rasowsky-b600a18/
Ramez Fakhoury
Instagram: https://www.instagram.com/fakhouryramez/
LinkedIn: https://www.linkedin.com/in/ramez-fakhoury/
WEBSITE
IRA Club: https://www.iraclub.com/