We are now entering the final stretch of 2021!
As we make our entrance into Q4, we are looking forward to closing out the year on a strong note, and YOU should too!
Firstly, we would like to thank all who attended and supported us for our first ever Multifamily Immersion Event in Atlanta! We had such an overwhelming amount of positive feedback. From world-class real estate insights, to life-changing connections being made, this event was definitely one for the books! We are looking forward to seeing you all for our next annual event.
At Viking Capital, we are always pushing our limits to grow and we do so by setting goals for each quarter. We all should practice setting goals for ourselves, both long-term and short-term. Take this time to set your Q4 goals. Are you on track with your yearly goals? What are you setting in motion today to achieve your longer term goals?
And remember, always be ready to pivot…not everything will go as planned!
Mike Tyson, professional boxer, put it best…
“Everyone has a plan ’till they get punched in the mouth.”
Here at Viking Capital, we are continuing to navigate the ever-changing course of the pandemic and excited to see that vaccinations-for-all is a reality! As always, our primary focus is on YOU – our investors, as well as our residents in all of our apartment communities.
Onward and upward,
Urgent Action Needed To Protect Your Self-Directed IRA
– IN THE NEWS –
The House Ways and Means Committee recently released proposed tax
legislation intended to pay for President Biden’s $3.5 trillion infrastructure bill. Several provisions severely restrict your freedom to self-direct the investments in your IRA. Continue reading to find out how you can protect your self-directed IRA.
How You Can Act Now to Object to These Critical Sections in Biden’s
We strongly encourage you to contact your representatives in Congress and the Senate, regardless of party, to voice your opinion on these proposals. The impact you have on educating and swaying those members of Congress in the Democratic Party will have a significantly larger impact on the outcome of these poorly conceived policies.
With most of the discussion focused on corporate and capital gains taxes, there seems to be little understanding or discussion around the impact these particular retirement plan provisions will have on ordinary taxpayers. This is why it is critical that you take action to contact your legislators. We are optimistic that enough of our legislators would do the right thing to eliminate these provisions if we are able to educate them on its impact.
Interested in reading the proposed legislation? Click Here
Why You Would Not Invest In A Real Estate Syndication
– NEW BLOG POST –
If you’ve spent any time on our site at all, you’re familiar with our perspective on real estate syndications.
We think they’re awesome investments, that people should be working to invest in them, and we can’t wait to continue to share about them so that more people have the opportunity to learn about these types of passive investments.
However, we also know that real estate investments are a big investment and are not the perfect choice for everyone. So, here are the top four reasons why someone should NOT invest in real estate syndications.
Investing Through a Private Real Estate Fund vs Individual Property Syndication
– IN THE NEWS –
Commercial real estate investing is an alluring and increasingly favorable method of wealth-building with a number of reasons that make it a smart investment: cash flow, tax write-offs, access to leverage, inflation hedge and exposure to an asset class historically resistant to the stock market. Individuals who want to passively invest in real estate private equity essentially have two choices: Build their own portfolio by investing in private individual property syndications or purchasing shares of multiple properties through private real estate funds.
This article intends to provide some insight into both investment vehicles and help investors find the sweet spot of risk/reward that they’re comfortable with.
Retiring to a Life of your Passions Dr. Vikram Raya: Episode 16
– NEW PODCAST –
Today’ topic is retirement. By retirement I don’t mean in the stereotypical sense, such as quitting your job and just existing, I mean becoming financially independent, and focusing on and living a life of your passions. The key word here is finally independent right? Real estate is one of many vehicles you can use to get to this point.
Vikram is a cardiologist and a serial entrepreneur. He is a great
friend and truly one of the most dynamic people I know. Join us and listen in!
THE PERFECT WEEK FORMULA
– BOOK OF THE MONTH –
The Perfect Week Formula, teaches you the exact systems and strategies you need to double your income in your business or career while working 10-20 fewer hours each week.
If you’re ready to consistently experience your PERFECT weeks, weeks where you accomplish 2-3X more than you do right now while still having the freedom to spend time with your family, pursue your passion projects, and enjoy the results you’ve worked so hard to achieve…this is the system that will help you do it.