JF2595: Top 7 Benefits of a Solo 401K with Dmitriy Fomichenko #SkillsetSunday

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 10 October 2021

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

After buying his first property 20 years ago and working full time for a real estate investing firm, Dmitriy Fomichenko started Sense Financial to help people gain control of their retirement savings. Today, Dmitriy is telling us about the Solo 401K for small business owners, how his business dramatically shifted when he introduced them, and why he thinks they’re a no-brainer when compared to traditional retirement savings strategies. Dmitriy Fomichenko Real Estate Background: Founder and president of Sense Financial, a boutique financial firm specializing in self-directed retirement accounts with checkbook control Passive investor, owns interest in multiple MF & self-storage syndications, a private lender and is a licensed California Real Estate Broker. Based in Orange County, CA Say hi to him at: SenseFinancial.com Click here to know more about our sponsors: ThinkMultifamily.com/coaching | Rentify | Deal Maker Mentoring Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Did you know that within a decade women will hold $30 trillion in investable assets?
0:05.3	Yet somehow only 19% of women reported feeling confident in selecting investments that align
0:11.0	with their long-term goals. Our friends at Invest Her are out to change. that and it's happening June 2nd through the 4th in Austin, Texas.
0:23.0	InvestHERCON is not just another real estate conference.
0:27.0	It's a transformational experience focused on real estate investing,
0:31.0	business strategies, and self-care tactics, all designed to help women take
0:35.5	control of their financial futures. Gain the knowledge and skills you need to grow
0:40.0	your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.
0:48.0	To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.
0:56.6	That's Invest Her, H-E-R-K-D-K-G-G-G-O-K-G-K-K-K-K-K-O-K-K-O-Kom,
1:00.6	Promo-G-O-G best ever to get get $100 off your ticket.
1:05.0	If you do have existing retirement accounts, you can roll them over into solo for
1:10.0	1K. It does accept rollovers virtually from any other retirement account with one
1:15.6	exception and that exception is a rat IRA.
1:18.3	Quick disclaimer, the views and opinions expressed in this podcast are provided for informational purposes only and should not be
1:24.7	construed as an offer to buy or sell any securities or to make or consider any investment
1:30.3	or course of action. For more information go to best ever show.
1:34.8	Best ever listeners how you doing welcome to the best real estate investing
1:38.0	advice ever show I'm Joe Ferreless this is the world's longest running daily real
1:41.9	estate investing podcast we only talk about the best
1:44.2	race ever we don't get into any of fluffy stuff with us today.
1:48.2	Dimitri from a checkenko how you doing Dimitri?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Best Ever CRE, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Best Ever CRE and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.