Episode 300: Maximizing Returns with Real Estate Investments, with Michael T Parks
Michael helps busy professionals find their path to wealth. Through the Navigator Wealth Fund, Michael is helping clients diversify their portfolios with high-quality real estate and private money loans so they can retire confidently. Michael has been involved in real estate investing for over 10 years and is a project manager and real estate operator at his core. Clients look to Michael as their copilot to navigate the world of private placement investing in real estate. Michael is a real estate investor who has worked for REITs managing $30B in hotels, commercial offices, logistics, and senior living assets. Michael is a licensed real estate salesperson and a certified Project Management Professional.
What You Will Learn:
- Who is Michael T Parks?
- Michael shares his background in technology and military, including his work with Accenture and publicly traded REITs.
- Exploration of earning passive income through real estate while maintaining a job.
- Michael explains the “Retirement 4% Rule,” which suggests retirees can withdraw 4% of their invested assets annually.
- Identifying high-quality class A assets as potential investment areas despite the general decline in the office market.
- Michael expresses his continued interest in the multifamily and self-storage sectors.
- Why real estate developers might opt for private money instead of traditional bank loans?
- Benefits of private money lending for investors, including higher returns compared to traditional equity investments.
- Michael shares his experience flipping a 15-unit building and highlights the potential for larger returns.
- Benefits of private money lending within an IRA to avoid UBIT.
- Advantages of holding real estate in retirement accounts for tax-deferred growth and wealth accumulation.
- Considerations for withdrawing funds in retirement and the potential tax implications.
- What is the importance of finding knowledgeable CPAs who can assist with these strategies?
- Michael’s preference for real estate investing over whole life insurance due to higher potential returns.
- Importance of working with professionals and mentors in the real estate space to gain knowledge and confidence.
- Matt shares how everyone can contact him.
Additional Resources from Ted and Garrett Sutton:
- Website: https://navwf.com/
- Email: michael@navwf.com
- Phone: +1 (781) 789-5474
- LinkedIn: https://linkedin.com/in/michaelthomasparks
- Facebook: https://www.facebook.com/michaelparksrealestate/
- YouTube:
Attention Investors and Agents
- Are you looking to grow your business?
- Need to connect with aggressive like-minded people like yourself?
- We have all the right tools, knowledge, and coaching to positively effect your bottom line.
- Visit:http://globalinvestoragent.com/join-gia-team to see what we can offer and to schedule your FREE consultation!
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