Disclaimer
Quest IRA, Inc. does not provide tax, legal or
investment advice or endorse any products,
services or investmen...
Being a real estate investor means
understand the use of money
Money means different
things to different people in
different stages of life.
In order to understand money we have to
understand peoples needs, and match the
needs with the proper tools.
Eats is the main bucket.
The one we all know.
This is the most
expensive use of money.
Other uses of money
You need to match
the need of money to
the proper tool that
allows maximum use
of the money.
What is a “Self-Directed” IRA?

An IRA in which the IRA owner directs all investments in
the account. There is no legal di...
What are the benefits of self-direction?

Diversification
What are the benefits of self-direction?

IRA Investor

IRS
What are the benefits of self-direction?

Social investing!
What are the benefits of self-direction?
Take control of your retirement and
invest in what you know best!
Types of Plans
• Traditional IRA
– (including rollovers)

• Roth IRA
Types of Plans
Employer plans:
• SEP IRA
• SIMPLE IRA
• Individual 401(k)
• Roth 401(k)
Types of Plans
Special plans:
• Coverdell Education
Savings Account (ESA)
• Health Savings Accounts
(HSA)
What types of plans can be self-directed?

ALL of the above accounts
can be self-directed!
Restrictions on IRAs
People Restrictions

Transaction Restrictions

Investment Restrictions
People Restrictions on IRAs

Disqualified Persons = Those persons who
cannot benefit from or enter into transactions
with ...
People Restrictions on IRAs

You

Mr. Ira

Think of your IRA as Mr. Ira
People Restrictions on IRAs
NO

You

NO

Mr. Ira

Disqualified persons may not enter into
transactions with Mr. Ira
People Restrictions on IRAs
Mr. Ira

Fiduciary

Disqualified Persons
IRA

Fiduciary “F”
(includes IRA Owner)

Member of F’s
Family

Corporation “C” if F
owns
(directly or indirectly)
50% or m...
Prohibited Transaction Restrictions
Any direct or indirect

Sale, exchange, or lease
Prohibited Transaction Restrictions
Any direct or indirect

Lending Money
Prohibited Transaction Restrictions
Any direct or indirect

Goods, Services, or Facilities
Investment Restrictions

Life Insurance Contracts
Investment Restrictions

Collectibles
Investment Restrictions
Collectibles are defined as:
• Any work of art;
• Any rug or antique;
• Any metal or gem;
• Any st...
What can I invest in with my IRA?
What investments are
you knowledgeable
about?
You can buy that
in your IRA!
Investment Choices
•
•
•
•
•
•
•
•
•
•

Single family and multi-unit homes
Apartments
Condominiums
Commercial property
Uni...
Investment Choices
•
•
•
•
•

Foreign property investments
Deeds of trust and mortgages
Tax liens
Options
Debt Financed Pr...
If you are a investor you should have
an IRA so you can talk about it
Steps to Purchasing Real Estate
Assets in a Retirement Plan
1.

Open a self-directed IRA

2.

Contribute or move funds
int...
Steps to Purchasing Real Estate
Assets in a Retirement Plan
6.

After your approval of all documents, Quest signs the clos...
Case Study: Rental Property

John Wood and his associate Jay Wright want to purchase an
office condo for $250,000 within t...
Case Study: Rental Property

2. John and Jay make an offer to purchase the office condo in the name
of their SEP IRAs, as ...
Case Study: Rental Property

4. Quest signs the contract and sends it to the title company along with
an earnest money dep...
Case Study: Rental Property

7. The title company records the deed and the 2 IRAs are now the
owner of record, as follows:...
Case Study: Rental Property

John hires a property management company to oversee the unit.
1. The property management comp...
Case Study: Rental Property

4. The property management company submits the net rent proceeds
to Quest for the benefit of ...
Case Study: Rental Property

Two years later, tenant offers to purchase the property for $395,000.
1. A sales contract is ...
Case Study: Rental Property
Realized Return for each SEP IRA
Initial investment

$125,000

Cash flow over 26 months ($425 ...
Case Study: Rental Property

Key Points to Remember
•

John and Jay’s IRAs pay no taxes on the gains. They can reinvest th...
Case Study: Rental Property

Key Points to Remember
•

John and Jay are in total control of the process from beginning to ...
Case Study: Rental Property

Key Points to Remember
•

IRAs can partner with other IRAs or even non-IRA money.

•

All exp...
Ways to profit NOW

O.P.I.
OTHER PEOPLE’S
IRAs
Borrower’s Perspective:
Making Money NOW

Create your own private financing source
Borrower’s Perspective:
Making Money NOW

There are TRILLIONS of dollars
in retirement accounts!
Borrower’s Perspective:
Making Money NOW

At every gathering there are MILLIONS
of dollars available for investment.
Borrower’s Perspective:
Making Money NOW

“Let me help you recover your stock market
losses with loans secured by real est...
Borrower’s Perspective:
Making Money NOW

Emphasize that as a real estate investor you are
helping the economy recover by ...
Borrower’s Perspective:
Making Money NOW

Provide the prospective lender with the details
of the transaction, including yo...
Borrower’s Perspective:
Making Money NOW

Have a “success book” available!
Ways to profit NOW

Partnering
Ways to profit NOW

Sales
Ways to profit NOW

Investment Capital
Spread the knowledge,
then use their money!
The big problem when starting
Special offer! VIP program
1) Real Estate
• Check vesting on sales contract
• Makes changes to sales contract – correct ve...
Special offer! VIP program
2) HUD Real Estate
•
•
•
•

We do all of the above for Real Estate plus
Get on the phone with c...
Special offer! VIP program
4) Private Entities
• Fill out the Direction of Investment for them if they need help
• We revi...
How can I get more information?

For More Information:
www.QuestIRA.com
800-320-5950
Nathan@QuestIRA.com
VIP Services
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  • The purpose of this course is to educate individuals into the opportunities that exist with SELF-DIRECTED retirement plans. The key to TRUE self-directing is choosing investments that the individual knows best.
    The audience for this course will most likely be individuals who invest in these types of investments or trusted advisors such as CPA’s, Realtors, CFP’s who can provide clients for your office.
    The goals of this session are:
    Educate about the opportunities with PLANS and PLAN INVESTING
    Educate about the ways to invest in these investments
    Educate about the process to take advantage of these investments
  • We don’t provide tax, legal or investment advice
    Due diligence on your investment!!!
  • ***difference between IRA at other custodians**
    ->>>>Different asset <<<<-
    ***explain SDIRA***
  • **diversified portfolio**
    True diversification includes tangible: RE, loans secured by RE, oil wells, precious metals
  • Equity/Capital Gains tax
    ***Short term/long term***
  • Penguin
    **investments they understand better than real estate**
  • ESA- Kinder- secondary school
    explain benefit of HSA- best of both world (direct to HSA class)
  • Let the audience know what types of plans can be self directed. Let them know that all types of IRA and qualified funds can be used……especially those old 401k funds that are still sitting with ex-employer plans.
    Whether you’re an individual or owner of a business, Entrust has a solution for you.
    Cover the tax benefits that these individual or business plans can offer.
    Tax advantages through tax deductible contributions and tax deferred earnings with the potential through the Roth accounts of tax free earnings.
    Discuss the difference between a Traditional account and a ROTH account.
    KEY DIFFERENCE IS: Traditional accounts you pay tax later not now – Roth accounts you pay now not later – CONTROL over taxes NOW vs. later. What will tax brackets be in 10, 15, 20 years?
    SALES POINT: All types of plans can be self directed. If you qualify for a ROTH…set one up. If you have an old employer plan sitting around….move it to your Entrust account.
    Don’t forget to mentions those 401k plans that they have sitting around at old employers. Those can easily be rolled over to their Entrust account.
  • The IRA, because of the special tax status granted, ie, pre-tax money for which you received a tax deduction, has “strings” attached.
    In order to self-direct you need to understand this.
    Think of it as money belonging to someone else, someone who needs your help and expects you to be honest in your efforts to manage their money.
    We like to use the metaphor of “uncle Ira”, your older, doddering uncle.
    Uncle Ira will leave you his money when he passes on if you take good care of it. If you don’t take care of it he either will have no money to leave or leave it to another relative.
    You don’t want that to happen, do you?
  • It is important to keep your own business dealings and that of your family separate from those of Uncle Ira’s.
    The IRS rules dealing with this and other things that you may not do with your IRA are called “prohibited transactions”
    Prohibited transactions are all about “self dealing”, getting a direct or indirect benefit from your IRA now, rather than at retirement.
    The question should be “what is best for Uncle Ira? Not, how can this money help me or my family now.
  • ***explain prohibited entities/disqualified people***
  • ***property managing your IRA****
  • The law says there are only two types of investments you MAY NOT invest in.
    COLLECTIBLE -anything that has a value that is based on singular uniqueness. This would include antique cars, some coins, artwork, rare wines. Beanie Babies, baseball cards etc.
    Life insurance is self-explanatory.
    A THIRD RULE THAT COULD BE LISTED WITH THESE TWO IS NO SELF DEALING, BUT THAT’S IMPORTANT ENOUGH TO GET ITS OWN SECTION IN THIS PRESENTATION.
  • The law says there are only two types of investments you MAY NOT invest in.
    COLLECTIBLE -anything that has a value that is based on singular uniqueness. This would include antique cars, some coins, artwork, rare wines. Beanie Babies, baseball cards etc.
    Life insurance is self-explanatory.
    A THIRD RULE THAT COULD BE LISTED WITH THESE TWO IS NO SELF DEALING, BUT THAT’S IMPORTANT ENOUGH TO GET ITS OWN SECTION IN THIS PRESENTATION.
  • Investment Choices-
    This is where we can show the audience what investments can be held in their Entrust Account. Reiterate that they are not limited to just securities. They can invest part or all of there retirement funds into these assets.
    SALES POINT: They have a world of choices with an Entrust Plan
  • Think about investments that you currently do outside of your plan. Are there any that would be appropriate for your IRA?
    Can your IRA partner with others in investments of co-workers, friends?
    Do you have a particular expertise in a type of non-traditional investment?
  • Investment Choices-
    This is where we can show the audience what investments can be held in their Entrust Account. Reiterate that they are not limited to just securities. They can invest part or all of there retirement funds into these assets.
    SALES POINT: They have a world of choices with an Entrust Plan
  • 8 easy steps to adding Real estate to your IRA-
    This section is meant to give the audience a quick overview of how they would go about purchasing real estate with their retirement account. Let them know that we will get into some specific examples in a minute, but use this as a chance to show how easy it really is.
    Again, STRESS why use your office for performing these transactions.
    - A quick example to show the audience how easy it really is to buy real estate in a retirement account
  • Case Study: Rental Property (cash purchase)
    This case study is a cash partnership between 2 IRAs. This shows how 2 IRAs can partner and how the cash flows are handled. Even though Entrust could manage the asset, this case study shows that a property manager can be hired.
    John Wood and his business partner Jay Wright have recently purchased an Office Condo for their dental practice. The office condo is located in an “up and coming” business district. John and Jay decide to purchase another unit across the street in their retirement plans as a way to diversify their stock heavy portfolios. They each transfer $150,000 from their brokerage accounts over to their Entrust SEP-IRAs.
  • They initiates a purchase contract for $250,000 in the name of their SEP- IRAs
    Entrust FBO John Wood SEP - IRA as a 50% undivided interest &
    Entrust FBO Jay Wright SEP - IRA as a 50% undivided interest
    The offer is accepted and a $10,000 escrow deposited is needed to finalize the deal
    They each complete a Buy direction letter and submit them to Entrust
    Entrust send $5,000 from each account to the escrow company
    ***********explain read and approved***************
  • Entrust coordinates the closing
    John and Jay review and approve all closing documents
    Entrust executes the closing documents and wires the balance to close from the 2 SEP - IRA accounts
    The asset is recorded in the name of the 2 SEP - IRAs and sent to Entrust for safe keeping
    Entrust FBO John Wood SEP - IRA as a 50% undivided interest &
    Entrust FBO Jay Wright SEP - IRA as a 50% undivided interest
  • John and Jay find a property management company to oversee the asset*** though they didn’t have to
    The property management company locates a tenant to lease the unit for 3 years at $1,500 a month.
    The property management company handles the monthly recorded keeping and sends the positive cash flow of ($850/2) $425 back to John and Jays IRAs each month.
    John and Jay track the cash flows via the Entrust online statements
    **if you had converted……ROTH IRA! TAX FREEEEE FOREVER!!!!!*
  • John and Jay find a property management company to oversee the asset
    The property management company locates a tenant to lease the unit for 3 years at $1,500 a month.
    The property management company handles the monthly recorded keeping and sends the positive cash flow of ($850/2) $425 back to John and Jays IRAs each month.
    John and Jay track the cash flows via the Entrust online statements
  • After the 2 year lease expires, the tenants offer to buy the unit for $395,000.
    Transaction:
    John and Jay accept the offer of $395,000
    Entrust coordinates the closing with the Attorney
    John and Jay review and approve the closing documents
    The attorney wires 50% of the proceeds back to each SEP - IRA
  • Realized Return for each SEP-IRA: (excluding closing cost for easy math)
    Initial investment:$ 125,000
    Positive Cash Flow over 2 years: $ 11,050 (425 x 26 months)
    Gains from sale:$ 62,500
    Balance of SEP - IRA after Sales $198,550 a 59% return after 2 years
  • After the 2 year lease expires, the tenants offer to buy the unit for $395,000.
    Transaction:
    John and Jay accept the offer of $395,000
    Entrust coordinates the closing with the Attorney
    John and Jay review and approve the closing documents
    The attorney wires 50% of the proceeds back to each SEP - IRA
  • After the 2 year lease expires, the tenants offer to buy the unit for $395,000.
    Transaction:
    John and Jay accept the offer of $395,000
    Entrust coordinates the closing with the Attorney
    John and Jay review and approve the closing documents
    The attorney wires 50% of the proceeds back to each SEP - IRA
  • After the 2 year lease expires, the tenants offer to buy the unit for $395,000.
    Transaction:
    John and Jay accept the offer of $395,000
    Entrust coordinates the closing with the Attorney
    John and Jay review and approve the closing documents
    The attorney wires 50% of the proceeds back to each SEP - IRA
    *******investments in real estate versus traditional percentages******
    Investing in what you understand!
  • VIP Services

    1. 1. Disclaimer Quest IRA, Inc. does not provide tax, legal or investment advice or endorse any products, services or investments of any type All information and materials are for educational purposes only. All parties are encouraged to consult with their attorneys, accountants and financial advisors before entering into any type of investment.
    2. 2. Being a real estate investor means understand the use of money
    3. 3. Money means different things to different people in different stages of life.
    4. 4. In order to understand money we have to understand peoples needs, and match the needs with the proper tools.
    5. 5. Eats is the main bucket. The one we all know. This is the most expensive use of money.
    6. 6. Other uses of money
    7. 7. You need to match the need of money to the proper tool that allows maximum use of the money.
    8. 8. What is a “Self-Directed” IRA? An IRA in which the IRA owner directs all investments in the account. There is no legal distinction between a “selfdirected IRA” and any other IRA except with a truly selfdirected IRA the account agreement allows the broadest possible spectrum of investments.
    9. 9. What are the benefits of self-direction? Diversification
    10. 10. What are the benefits of self-direction? IRA Investor IRS
    11. 11. What are the benefits of self-direction? Social investing!
    12. 12. What are the benefits of self-direction? Take control of your retirement and invest in what you know best!
    13. 13. Types of Plans • Traditional IRA – (including rollovers) • Roth IRA
    14. 14. Types of Plans Employer plans: • SEP IRA • SIMPLE IRA • Individual 401(k) • Roth 401(k)
    15. 15. Types of Plans Special plans: • Coverdell Education Savings Account (ESA) • Health Savings Accounts (HSA)
    16. 16. What types of plans can be self-directed? ALL of the above accounts can be self-directed!
    17. 17. Restrictions on IRAs People Restrictions Transaction Restrictions Investment Restrictions
    18. 18. People Restrictions on IRAs Disqualified Persons = Those persons who cannot benefit from or enter into transactions with your IRA or other plan.
    19. 19. People Restrictions on IRAs You Mr. Ira Think of your IRA as Mr. Ira
    20. 20. People Restrictions on IRAs NO You NO Mr. Ira Disqualified persons may not enter into transactions with Mr. Ira
    21. 21. People Restrictions on IRAs Mr. Ira Fiduciary Disqualified Persons
    22. 22. IRA Fiduciary “F” (includes IRA Owner) Member of F’s Family Corporation “C” if F owns (directly or indirectly) 50% or more of vote or value of stock F’s Spouse Officer or Director of C F’s Ancestor F’s Lineal Descendant “LD” 10% or more partner or joint venturer with C LD’s Spouse Highly Compensated Employee of C (10% or more of wages) 10% or more shareholder of C Partnership “P” if F owns (directly or indirectly) 50% or more of capital or profits interest in P 10% or more partner or joint venturer with P Person with management or administrative functions of P Highly Compensated Employee of P (10% or more of wages) 10% or more partner of P Trust or Estate “T” if F owns (directly or indirectly) 50% or more of Beneficial interest in T 10% or more partner or joint venturer with T Trustee of T Highly Compensated Employee of T (10% or more of wages) 10% or more beneficial interest owner of T
    23. 23. Prohibited Transaction Restrictions Any direct or indirect Sale, exchange, or lease
    24. 24. Prohibited Transaction Restrictions Any direct or indirect Lending Money
    25. 25. Prohibited Transaction Restrictions Any direct or indirect Goods, Services, or Facilities
    26. 26. Investment Restrictions Life Insurance Contracts
    27. 27. Investment Restrictions Collectibles
    28. 28. Investment Restrictions Collectibles are defined as: • Any work of art; • Any rug or antique; • Any metal or gem; • Any stamp or coin; • Any alcoholic beverage. An exception exists for certain U.S. minted gold, silver and platinum coins, coins issued by U.S. states, and gold, silver, platinum or palladium bullion.
    29. 29. What can I invest in with my IRA?
    30. 30. What investments are you knowledgeable about? You can buy that in your IRA!
    31. 31. Investment Choices • • • • • • • • • • Single family and multi-unit homes Apartments Condominiums Commercial property Unimproved land Foreclosures Limited liability companies Limited partnerships Unsecured/secured loans Joint ventures
    32. 32. Investment Choices • • • • • Foreign property investments Deeds of trust and mortgages Tax liens Options Debt Financed Property • Must be a non-recourse loan • Will generate taxes payable on the profit from the IRA to the extent that the property is debt leveraged.
    33. 33. If you are a investor you should have an IRA so you can talk about it
    34. 34. Steps to Purchasing Real Estate Assets in a Retirement Plan 1. Open a self-directed IRA 2. Contribute or move funds into the self-directed IRA 3. Locate an investment 4. Complete the proper documentation to purchase the asset (Buy Direction Letter, Private Placement Instructions, Note, etc…) 5. “Read and Approve” all the documents prior to closing
    35. 35. Steps to Purchasing Real Estate Assets in a Retirement Plan 6. After your approval of all documents, Quest signs the closing documents and funds your transaction 7. Asset is recorded in the name of your IRA, for example: Quest IRA, Inc. FBO John Smith IRA #12345-11 8. All expenses come from your IRA and all income stays in your IRA
    36. 36. Case Study: Rental Property John Wood and his associate Jay Wright want to purchase an office condo for $250,000 within their SEP IRAs. 1. They each transfer $150,000 from their IRA brokerage accounts to their Quest SEP IRAs to purchase the property.
    37. 37. Case Study: Rental Property 2. John and Jay make an offer to purchase the office condo in the name of their SEP IRAs, as follows: Quest IRA, Inc. FBO John Wood SEP IRA account #12345-31 and Quest IRA Inc. FBO Jay Wright SEP IRA account # 23456-31. 3. John and Jay each complete a Buy Direction Letter (Real Estate). They send the Buy Direction Letters and the contract which has been “read and approved” by them to Quest.
    38. 38. Case Study: Rental Property 4. Quest signs the contract and sends it to the title company along with an earnest money deposit of $10,000 ($5,000 from each account). 5. At closing, John & Jay review and approve all closing documents, then the title company sends them to Quest for signature. 6. Quest signs the closing documents and wires the SEP IRA funds to the title company to close (1/2 from each account).
    39. 39. Case Study: Rental Property 7. The title company records the deed and the 2 IRAs are now the owner of record, as follows: Quest IRA, Inc. FBO John Wood SEP IRA account # 12345-31 (as to an undivided 50% interest) and Quest IRA, Inc. FBO Jay Wright SEP IRA account #23456-31 (as to an undivided 50% interest)
    40. 40. Case Study: Rental Property John hires a property management company to oversee the unit. 1. The property management company finds a tenant to lease the unit. 2. Rents and expenses are handled by the property manager. 3. Office condo has a positive monthly cash flow of $850 ($425 for each SEP IRA) which is tax deferred.
    41. 41. Case Study: Rental Property 4. The property management company submits the net rent proceeds to Quest for the benefit of John and Jay’s SEP IRAs. 5. John & Jay track their accounts via their online statements.
    42. 42. Case Study: Rental Property Two years later, tenant offers to purchase the property for $395,000. 1. A sales contract is prepared for $395,000 and submitted to Quest for signature after having been “read and approved” by John and Jay, along with a Sell Direction Letter (Real Estate). 2. On day of closing, John and Jay review and approve all closing documents. Quest then signs the documents and returns them to the title company. Proceeds, after closing costs, are wired back into their SEP IRA accounts.
    43. 43. Case Study: Rental Property Realized Return for each SEP IRA Initial investment $125,000 Cash flow over 26 months ($425 x 26) $ 11,050 Gains from Sale ($187,500* - $125,000) $ 62,500 Proceeds to each SEP IRA after sale $198,550 * Net proceeds after closing costs Tax deferred gain of $73,550 (59%) over 26 months!
    44. 44. Case Study: Rental Property Key Points to Remember • John and Jay’s IRAs pay no taxes on the gains. They can reinvest the full amount of their profits on the next deal, free of taxes. • If the accounts involved were Roth IRAs, Roth 401(k)s, or in some cases a Coverdell ESA or an HSA, the gain is TAX FREE FORVER!
    45. 45. Case Study: Rental Property Key Points to Remember • John and Jay are in total control of the process from beginning to end, but Quest is the actual buyer and seller of the property. • John and Jay did not take money from their IRAs to buy property and put the money back into their IRAs – the IRAs simply bought an asset and later sold it at a profit.
    46. 46. Case Study: Rental Property Key Points to Remember • IRAs can partner with other IRAs or even non-IRA money. • All expenses and proceeds must be split in accordance with their ownership percentages. • John and Jay could have had the checks deposited directly into their IRAs instead of hiring a property management company.
    47. 47. Ways to profit NOW O.P.I. OTHER PEOPLE’S IRAs
    48. 48. Borrower’s Perspective: Making Money NOW Create your own private financing source
    49. 49. Borrower’s Perspective: Making Money NOW There are TRILLIONS of dollars in retirement accounts!
    50. 50. Borrower’s Perspective: Making Money NOW At every gathering there are MILLIONS of dollars available for investment.
    51. 51. Borrower’s Perspective: Making Money NOW “Let me help you recover your stock market losses with loans secured by real estate.”
    52. 52. Borrower’s Perspective: Making Money NOW Emphasize that as a real estate investor you are helping the economy recover by improving property values and that their investment is a socially responsible one.
    53. 53. Borrower’s Perspective: Making Money NOW Provide the prospective lender with the details of the transaction, including your price and comparable sales to show value.
    54. 54. Borrower’s Perspective: Making Money NOW Have a “success book” available!
    55. 55. Ways to profit NOW Partnering
    56. 56. Ways to profit NOW Sales
    57. 57. Ways to profit NOW Investment Capital
    58. 58. Spread the knowledge, then use their money!
    59. 59. The big problem when starting
    60. 60. Special offer! VIP program 1) Real Estate • Check vesting on sales contract • Makes changes to sales contract – correct vesting and address • Contact title company to introduce our selves • Contact title company to get information on closing make ourselves the point of contact • Help client review the title commitment • Help client review the closing documents. • We make sure the closing documents are correct before we send them to the client. • Fill out the Direction of investment for them • We tell them where to sign read and approve. If they don’t want to write read and approve, we stamp it and create a line for them to sign • We email the FED REF# to the title company as soon as we have it so they can track the wire info • Be in contact with the client’s RE Agent for communication purposes • Execute and overnight the original closing documents prior to closing • Follow up with the Title Co./Attorney’s Office to make sure the recorded Deed is mailed back to Quest
    61. 61. Special offer! VIP program 2) HUD Real Estate • • • • We do all of the above for Real Estate plus Get on the phone with client/ realtor to make sure offer is placed correctly on HUD website We contact HUD immediately after offer is accepted to make sure everything is correct and where we need to send contract and earnest money We spend more time with HUD clients to make sure nothing is dropped because we know how easy it is to lose a deal because of HUD 3) Notes • • • • • • • • Fill out the Direction of investment for them if they need help We review the promissory note to make sure vesting, maturity date and interest rate all match to the direction of investment. We review the deed of trust note to make sure vesting, maturity date, interest rate all match to the direction of investment We make sure the property matches the direction of investment We contact the title company to make sure they have the docs and if they have any questions We help the client review the HUD and make sure our fees are on there We email the FED REF# to the client/title company/ borrower as soon as we have it so they can track the wire We follow up with the Title Co./Attorney’s Office to make sure the original Note and recorded Deed of Trust is mailed back to Quest
    62. 62. Special offer! VIP program 4) Private Entities • Fill out the Direction of Investment for them if they need help • We review the Operating agreement to make sure they are no disqualified individuals to the IRA. • We review the subscription agreement and check for vesting, managing members, address, tax identification number • We try to help out with the questionnaire but of course, we can’t provide tax, legal, investment advice. • We contact the company they are investing in to introduce and see if they have any questions • We email the FED REF# to the company as soon as we have it so they can track the wire • We mail the signed original agreement to the company along with the private placement instruction letter via USPS the same day we fund the investment
    63. 63. How can I get more information? For More Information: www.QuestIRA.com 800-320-5950 Nathan@QuestIRA.com

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