How do our clients know if they qualify to invest in real estate with Peoples Capital Group?
An individual with either a net worth of at least $1,000,000, excluding the value of one’s primary residence, or annual income of at least $200,000 each year for the last two years (or a $300,000 combined income if married) and have the expectation to make the same amount this year.
A sophisticated investor is a classification of investor indicating someone who has sufficient capital, experience and net worth to engage in more advanced types of investment opportunities.
Most IRA’s only allow approved stocks, bonds and mutual funds. A Self Directed IRA, however, allows for investments in Real Estate while keeping the same Tax Benefits as a regular IRA.