Meetings

Year End Part and Award Ceremony (Members Only)

Party Info


Come enjoy some pre-season holiday cheer.  We will be celebrating the growth of our club and, more importantly, the growth in our member's passive income!!!  There will be awards, please check your email for how to vote for award winners.  Entre provided (probably pizza), waters provided.  If so inclined, bring your favorite dessert, side dish and/or drink. 

Might do online link for awards portion, probably 6:15-6:45, will email details.   

Meeting date
Meeting time
6:00 PM - 8:00 PM
Meeting location
Country Inn & Suites by Radisson: 5997 E Valley Center Road, Bozeman 59715.

Self Directed IRA: Investing in Real Estate with Retirement Account

Ramez headshot

We will hear from Ramez Fakhoury, Vice President of IRA Club, a self directed IRA custodian.  What is a self-directed IRA, you ask?  Most IRA custodians will only let you invest in their mutual funds, some will allow most wall street products (stocks, bonds, mutual funds).  But very few IRA custodians allow main street investments (real estate, personal lending etc.).  These are known as self-directed IRA, because you, the investor, direct what you invest in.  All the tax advantages of a retirement account, without the constraints limiting local investment.  But there are some constraints and there are some tax implications.  For example, UBIT.  What the heck is UBIT?  Come and find out, and learn more about self-directed IRAs.    

Meeting date
Meeting time
6:00 PM - 8:00 PM
Meeting location
Country Inn & Suites by Radisson: 5997 E Valley Center Road, Bozeman 59715.

Multi City Zoom Meeting

Video Meeting

Billings, Helena, Bozeman and Missoula investing clubs will join like Voltron to form the ultimate group.  We will have a round robin of presentations to provide a summary of each market and recent deal completed in each market.  Then there will be small breakout discussion groups to get to know people in other cities.   

Meeting date
Meeting time
6:00 PM - 8:00 PM
Meeting location
virtual

Executive Rentals

ad for executive rental

We are back at the hotel meeting room, so joining virtually is back on (in fact one of our speakers may be joining from South America).  We will be discussing the ins and outs of executive rentals.  This is fully furnished monthly rentals.  Being a month to month avoids limitations of VRBO but can get a higher rental rate than long term lease.  Tory and Mike will be presenting on their efforts.  

Meeting date
Meeting time
6:00 PM - 8:00 PM
Meeting location
Country Inn & Suites by Radisson: 5997 E Valley Center Road, Bozeman 59715.

Open Discussion

discussion at park pavilion

Come with questions, ideas, successes and learning moments.  While the weather is nice, we will enjoy outside.  We will have open discussion at a pavilion at Story Mill Park.  There will be some picnic table seating, but feel free to bring a blanket or camp chairs.  

Meeting date
Meeting time
6:00 PM - 8:00 PM
Meeting location
Story Mill Park pavilion

Tiny Home Tour and Bonfire

Tory is going to give us a tour of his tiny home.  Bring some camping chairs, we will sit outside and visit while Tory takes us in a few at a time for a tour.  We may have a cookout or bonfire after, more details to come.  

Meeting date
Meeting time
6:00 PM - 8:00 PM
Meeting location
Country Inn & Suites by Radisson: 5997 E Valley Center Road, Bozeman 59715.

Bozeman Property Tour

We are going to tour spend a day touring several Bozeman properties.  Then mastermind the our impressions over a beer.  Exact time and meeting location may change so check email a couple days prior to June 11.  For now plan on meeting at the parking lot across from the Local in Belgrade at 9am.  

Meeting date
Meeting time
9:00 AM - 1:00 PM
Meeting location
mobile, will set a meeting point

Minimize Tax Burden with 1031 Exchange

1031 exchange building

With the recent appreciation in real estate, it may be time to sell that rental property and roll it into something bigger.  But what about taxes on the capital gains, and what about all that depreciation tax write off I have enjoyed over the years?  Learn how to minimize your tax burden with a 1031 exchange.  Karen Martin and Tarie Asay with Bozeman's own 1031 Property Exchange company specialize in these transactions.  They will be presenting and discussing how these transactions work and the rules around them.  

Meeting date
Meeting time
6:00 PM - 8:00 PM
Meeting location
Country Inn & Suites by Radisson: 5997 E Valley Center Road, Bozeman 59715.

Open Discussion

passive cashflow

No speaker, although some random ramblings to get discussion started.  A chance for us to catch up, share thoughts and insights and socialize as a group.  Encouraged to bring refreshments for yourself or to share.  

Meeting date
Meeting time
6:00 PM - 8:00 PM
Meeting location
Country Inn & Suites by Radisson: 5997 E Valley Center Road, Bozeman 59715.

Can You Buy Mortgaged Real Estate Using a Retirement Account?

Roger St Pierre

Some of you have invested in real estate with your retirement accounts, either syndications or all-cash.  But what if you want to buy a duplex and use money in your IRA for a down payment?  The challenge is the lending.  Banks often want a personal guarantee, but the IRS does not allow you to give that if the asset is held in your retirement account.  Another challenge is owning real estate within an LLC vs holding in your personal name.  Banks often will not lend to LLCs.  First Western Federal Savings Bank, based out of Rapid City, SD, is one of the few lenders in the nation that provides this kind of lending.  They provide non-recourse loans and specializing in lending to individual retirement accounts for real estate.  The LTV and interest are not the same as conventional loans.  We will hear for the bank's founder, Roger St. Pierre, who has over thirty years of lending experience.  Find out how this unique financing works.  

Meeting date
Meeting time
6:00 PM - 8:00 PM
Meeting location
Country Inn & Suites by Radisson: 5997 E Valley Center Road, Bozeman 59715.