Five different Caribbean countries...

It all started out as doing the marketing for my friends at Orchid Bay in Belize, then I came to an agreement with a new found friend from West Hampton Beach, NY with a development project in the Dominican Republic; I am expecting the marketing agreement for another development in the DR any day now...Just signed off on a deal selling real estate in the Bahamas, am expecting the contract any day now for a fabulous community development on the beach in Nicaragua and just received the contract to market a truly unique marina opportunity on the island nation of Dominica...where they filmed "Pirates of the Caribbean."


How cool is this!!??

Here's to having sand between your toes!

SkipJack

Experts Who Don't Understand Real Estate IRAs

I recently read an article with the following headline… "Retirement accounts can't be used for realty", she went so far to state that anyone who says it's ok is committing fraud!

Simply NOT true!

IRAs and Qualified Plans, also known as Keoghs (which include 401(k) plans, have been able to invest in real property for over 25 years. There are however, rules that go along with this that one must follow.

This concept is NOT for everyone, but it is possible to own real estate within your self-directed IRA or 401K. I am not the expert on this, but I can recommend an excellent company which is…The Entrust Group. They can help with the particulars of your individual situation, but here are some very (and I mean very) basic concepts to understand:

1. Your IRA/401K is a separate and independent entity and needs to be treated as such.

2. As a separate entity, your IRA/401K can own real estate, including foreign real estate, as an investment.

3. You may not use the property, nor can you collect rent, but your IRA/401K can!

So…if you want to buy a vacation home for your own personal use to go to the tropics a few times a year and rent it out the rest of the time…DON’T use your IRA/401K!

If, on the other hand, you want to buy property as an investment, renting it out and NOT using it personally until retirement age…then, by all means use your IRA/401K funds. But, before you do, speak to the folks at The Entrust Group, particularly, the Entrust office in New Jersey. They have offices all over the country, but I deal with the folks in NJ.

I have a free CD which I will be happy to mail to you, just click here to request it…in the comment box…type “free CD.” Or click here for an additional (video) explanation and to request the free CD.

Hit ‘em straight!

SkipJack

Funding Real Estate Projects...

In all the networking I do on Facebook, LinkedIn, Meetthephlockers and Twitter I have the good fortune of coming in contact with some very interesting and knowledgeable people. Although I've only just met (correction..."cyber-met) Jillian Sidoti, I took at a look at her web site...and I am convinced that these seminars "Optimal OPM" have a lot to offer.

If you need money to fund your real estate projects and having trouble figuring out how, THIS IS THE SEMINAR FOR YOU!


At OPTIMAL OPM you will learn how to:

* Take your real estate business to the next level without the use of a bank

* Fund your real estate projects effectively and legally

* Advertise to investors without going public

* Take your company public without spending a fortune

* Implement different strategies that will have investors saying “I want to be a part of that”

* Start a good fund that can encompass all of your projects

* Plus: The great benefits of starting your own REIT

SPEAKERS:

Jillian Sidoti, Attorney at Law

Chris Yates, Founder and Principal of the CM Yates Companies

Curtis Gabhart, Partner, ACI Commerical, Inc.

This next seminar is in San Diego, CA on August 1st & 2nd so if you are or can be in the area, I'm pretty certain that it will be worth your while...I'm trying to rearrange my schedule so that I can be there...there's certainly some good golf in the area, that's for certain...so...

Hit 'em straight in San Diego!

SkipJack

PS: Can't make this seminar? Get this free CD on investing in RE with your IRA

Anguilla…Roatan….sales down/opportunities up!

OK, so this week I read two very similar articles…both addressing the lack of vacation home sales in the Caribbean real estate market. Both articles reference different places; Roatan and Anguilla, but the current state of the industry, in both places, are the same….sales are down and new development has all but halted.
This creates a tremendous amount of opportunity for the savvy developer…how does the saying go? “One man’s trash is another man’s treasure.”
This is where a new service from SkipJack Marketing comes in…R.E.D.S.S. or Real Estate Developer Scouting Service. If you are reading this and you are an international real estate developer or hotel developer you are going to want to read this to the end.
With dozens (if not more) small developments being put on hold because of a lack of buyers, some with the plan in place, and others half way completed, there could be more opportunity than the strong company can handle. With this much out there, how does one get out and assess the many opportunities? Especially when so many will not fit within the goals of your company? How do you, as the acquisitions manager, rule out the ones that sound good, but don’t fit without going there yourself to determine this? How do you rule out possible diamonds in the rough with a visit and miss that “golden” opportunity?
This new service, specifically for real estate developers can solve this perplexing dilemma…to find out more go to SkipJack Marketing, these guys will travel to the locale and do a very thorough preliminary check for you, and bring back a report complete with video of the Caribbean opportunity you are interested…in other words, they can help the developer out by eliminating the opportunities that do not fit with your organizations plans.
This service is so new that their site does not have the details there yet…but you can either fill out the form on the site for more info or send me an email and I will pass the info along.
buybelize@comcast.net
These guys will go check out 3 or 4 properties in one trip…imagine the amount of time they can save you!?

Hey…hit ‘em straight…or go sit on the beach!

Don't forget to get your free CD on how to invest in RE using your IRA