Do you like the idea of investing in real estate but feel cash poor and are not a fixer upper type person? Maybe you are cash rich and would like to be a silent investor? Or, you are a first-time home buyer. Whatever your situation, Kelli Johanson, farm girl strong as she describes herself, walks us through ways you can maximize your 401K plan and get a bigger bang for every dollar you put into it. There is more than one way to achieve your dreams!
In this second dynamic conversation, you will find out:
- How to develop an IDEAL 401K plan perspective. We break down the acronym, IDEAL.
- How Kelli’s boutique service is focused on getting the word out to small business owners and investors as investment options for them.
- What is a full-service management company?
- What is a qualified Trust Fund and how can you use it?
- What is a Finders Service and a Management Service? How is the pricing structured?
- How you can be a silent investor in real estate.
- How to use your 401K plan to purchase a first home.
- The importance of concentrating on the ‘buy’ end of a real estate deal.
- What to do if you are not a fixer upper type person.
- How many properties Kelli manages. How close is she to reaching her goal?
Mentoring Activation Exercises
After listening to our conversation:
- Check out the resources below for risks and details about taking monies out of your 401K plan. Get further details and advice from your financial advisor. There are many variables and each 401K plan is different. Go forward with ‘your eyes wide open.’
- Clarify your dream. Say your dream to yourself every day. Claim it. Mean it. Believe it.
- Intentionally play at being your best self each day. Infuse something wonderful into your day that makes you smile and will brighten your day. My intention at the start of each day is to infuse loving kindness into every conversation. This allows me to have tough conversations with loving kindness at its base. The intense hug of joy between Kelli and I is the result of one of those conversations.
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How to Use Your 401K Plan to Purchase Real Estate Episode 182 Ideal Property Investments
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Episode 182: How to Use Your 401K Plan to Purchase Real Estate
Author: Nancy A. Meyer, M.A.
Nancy A. Meyer, M.A., is a seasoned entrepreneurial leader, business and life mentor/coach/teacher, podcaster, author, and certified mindfulness yoga and meditation integrator (she integrates those skill sets into everything). Nancy’s compassionate and collaborative approach reinforces resilience while maintaining accountable conversations supporting how you redefine your lead while redesigning your business. Nancy calls this “Dual Innovation Leadership.” Nancy founded WeMentor, inc. in 1992 to change the leadership in our country by providing emerging and existing business owners with mentoring in Dual Innovation Leadership. She has mentored thousands and is eager to work with you! Assert self-leadership and get started today! Clients say, “Nancy is a compelling, engaging, and ‘decipher the trees from the forest’ kind of mentor, speaker, and leader. A dedicated entrepreneurial leader and mentor who role models what she preaches. Her style and candor enrich the content she delivers and the results clients experience.” Nancy accepts people where they are while inspiring them to breakthrough into new dimensions: As an Entrepreneurial Leader (Innovator), As a Competent Business Owner (Practitioner) As a Mentor (Role Model) As a Spiritual Being and Self-Leadership Master! Start by subscribing to WeMentor Mondays with Nancy PODCAST. Join your peers and...
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