SAN DIEGO and NASHVILLE, N.C (PRWEB) October 07, 2014
Atlantic Natural Foods, LLC, one of the flagship investments of AFT Holdings, Inc., today announced that it has concluded the acquisition of leading vegetarian canned food brand Loma Linda
Archive for the ‘Real Estate’ Category
Members of Megamastermind San Fernando Vallley Learned About 401k for Small Business from Self Directed Retirement Plan Expert
Thursday, October 16th, 2014
Los Angeles, CA (PRWEB) October 07, 2014
Dmitriy Fomichenko, president and founder of Sense Financial Services LLC, joined Pritam Sinha and other members of MegaMasterMind San Fernado Valley at their last meetings. Pritam Sinha, president of MegaMasterMind San Fernado Valley Chapter, has invited Dmitriy to give a presentation on 401k for small business and how it can help their group members to grow a successful retirement fund.
MegaMasterMind is an educational platform for real estate investor. All members gather once a month for a group meeting, where a guest speaker will give a presentation on a real estate investing topic. These educational meetings are crucial to help members learn from the best in the industry.
Joining the September meeting of Megamastermind San Fernando Vallley chapter, Dmitriy Fomichenko, president of Sense Financial Services LLC, introduced members to retirement planning solutions that can help real estate investors improve their retirement portfolio.
Members were introduced to ways to invest their retirement funds in real estate and grow their funds securely and effectively, using investment vehicles that they know best. Joining Megamastermind, members have been provided with all the tools and resources they need to successfully invest in real estate. However, many of them still have all their retirement funds invested in stocks and bonds instead. Dmitriy explained in his presentation that real estate investors can, and should invest in real estate or whichever assets they understand.
This is possible thanks to self directed feature of this 401k for small business. With this feature, account holders can take control of the retirement accounts without the need for a custodian. They will also be able to choose to invest in real estate, among a wide variety of investment options.
Sense Financial is California’s leading provider of retirement accounts with “Checkbook Control”: the Solo 401k and the Checkbook IRA. Over the years, they have assisted hundreds of clients obtain checkbook control over their retirement accounts while providing them with the ability to invest in virtually any investment class, including real estate, private lending, mortgage notes and much more without the need for custodian approval.
To learn more information about Solo 401(k) for self-employed real estate agents, please visit sensefinancial.com.
Quantifying Student Debt In The Housing Market
Wednesday, October 15th, 2014
Chicago, IL (PRWEB) October 05, 2014
Peoples Home Equity, a Midwest based lender, has long known that first-time home buyer activity is at the mercy of student loan debt and jobs. While the labor market has improved, showing just a relatively low 5.9%, student debt remains a large issue. Thus, Peoples Home Equity was intrigued by a recent release that attempts to quantity how much the housing industry is suffered due to high student debt.
The release is titled Student Loans Will Cost The Industry $ 83 Billion This Year and was distributed by John Burns Real Estate Consulting, LLC on September 19th. This $ 83 billion figure translates into 414,000 home sales lost out of the forecasted 5.26 million new and existing housing transactions for 2014.
The consulting group highlighted in their 30-page report that 5.9 million households under the age of 40 pay over $ 250 in student loans per month compared to just 2.2 million back in 2005. A $ 250/month student loan payment translates into at least $ 44,000 per year in mortgage capability per household. Thus, only About 8% of the 2039 age cohort usually buys a home each year, which would be 1.35 million transactions per year. Reading this certainly emphasizes how much the student debt market is growing exponentially for the worse. Student debt has ballooned from $ 241 billion to $ 1.1 trillion in just 11 years.
Some officers at Peoples Home Equity view this current student debt situation as a tragedy of profit motive. American colleges and universities are draining the funds out of its own youth before it can reach the housing market. This effects lenders, home builders, architects, carpenters, etc Its hard not to blame disappointing weekly home sales and mortgage application data on the immense size of student loan debt in a year when Peoples Home Equity was hoping to see summer sales outperform those of 2013. The reality is home sales would have been stronger this summer had more mortgage applicants been approved by showing less debt on their submissions.
Peoples Home Equity loan officers understand the worries that some prospective borrowers have in taking on the responsibility of another large debt obligation. However, obtaining a home loan can actually be cost saving! Monthly payments for a mortgage are often less costly than paying for rent! If interested in applying for a home loan considering speaking to a Peoples Home Equity loan officer today at: 262-563-4026.
MIG 2014 Presidential Address- Part 8. Memphis Real Estate Investment Association
Tuesday, October 14th, 2014
http://www.MemphisInvestorsGroup.com. Jeremy Veldman- MIG President, kicks off 2014 with a 2 hour Presidential Address to the MIG Membership on January 9, 20…
Everyone is welcome at Boston AREIA. Learn about real estate investing, business opportunities and more…Seasoned investors and newbies alike will love what…
Smith Debnam Receives 2014 International Compliance and Ethics Award
Tuesday, October 14th, 2014
Raleigh, North Carolina (PRWEB) October 07, 2014
Raleigh-based law firm Smith Debnam received the 2014 International Compliance and Ethics Award, presented by the Society of Corporate Compliance and Ethics (SCCE). For 10 years running, the SCCE has presented the International Compliance and Ethics Award to individuals and organizations who have made significant contributions in the areas of compliance and ethics in business. The SCCE selected Smith Debnam for being the first law firm in the U.S. to implement a comprehensive compliance program under the guard of a full-time compliance officer.
In 2013, Smith Debnam took the lead in formalizing a compliance program amidst the growing complexity of information security and increasing regulatory scrutiny affecting many of the firms financial clients. The firm hired Jennifer Quillen, an experienced compliance professional, to fully develop and implement the firms compliance management system. Quillen monitors all activities across the firm in accordance with firm policies, client industry regulations, and state and federal regulatory agencies. She has 19 years of risk management and FDIC bank examiner experience, and has implemented numerous, highly successful internal auditing programs for a number of leading banks and financial services institutions.
The 10th Annual International Compliance and Ethics Awards were presented during the SCCEs 2014 Compliance & Ethics Institute at the Hyatt Regency Chicago. Other award recipients included Donna C. Boehme, principal at Compliance Strategists, LLC; Daniel R. Levinson, Inspector General, U.S. Department of Health and Human Services; and The Wall Street Journals Risk and Compliance Journal.
About the SCCE
The Society of Corporate Compliance & Ethics (SCCE), established in 2004, is headquartered in Minneapolis, MN. SCCE is a non-profit professional member association that serves more than 4,000 compliance and ethics professionals globally. The association provides resources and training to compliance professionals and champions ethical practices and compliance standards. Visit the SCCE website at http://www.corporatecompliance.org.
About Smith Debnam
Founded in 1972, Smith Debnam is a full-service law firm dedicated to providing clients with the depth of knowledge and sophisticated legal analysis and planning expected of larger firms, combined with the prompt attention, responsive service, and competitive fees available at smaller firms. Headquartered in Raleigh NC, Smith Debnam provides legal expertise in the following practice areas: Corporate and Business Law, Business Litigation, Commercial Bankruptcy and Reorganization, Foreclosures, Creditor Representation, Collections, Commercial & Residential Real Estate, Construction Law, Employment Law, Equipment Leasing & Finance, Family Law, Estate Planning & Administration, Immigration Law, and Professional Negligence.
Smith Debnam is a member of the International Society of Primerus Law Firms.
