Today's installment of "10 Questions With" offers an overview of land banking with Ace Capital. We love land banking in a retirement account since it is by nature a long-term appreciation building investment with very little maintenance. And this particular company is offering land banking in the Antelope Valley area of Los Angeles, which we feel is about to explode with clean energy development. Check out this segment from NBC news that outlines the vision of the Valley from the current political leaders.
I invite you to learn more about land banking with Ace Capital. Please take a read and let me know what you think.
1. Tell us a little about you and your company.
ACE Capital Group is a real estate company. We are not real estate brokers or financial advisors. We are the principals who purchase and sell carefully selected California pre-developed real estate.
2. Please tell me about your real estate opportunity.
Our programs and services are offered with the primary purpose of using land banking as an easy, secure and superior alternative for building sustainable wealth:
- We effectively use the strategy of long-term appreciation in land ownership by purchasing and selling property in the growth path of major metropolitan centers.
- We help qualified retirement account holders to roll over their funds from the volatile stock market into more predictable California real estate. Of course, we also work with cash. In addition, 1031 Exchanges are an ideal way to move money into a Land Banking strategy.
Ace Capital Group has perfected the formula for making sure the land we purchase in indeed in the path of growth and will be in a position to appreciate at a safe and predictable rate. The best place we have found is right here in Southern California within a sixty mile radius of Los Angeles.
4. How long have you been offering this real estate opportunity?
Our business has evolved from the extremely successful personal investments of our founders. Since 1974 their enterprises have helped over 10,000 individual buyers build their personal wealth with land banking. Our proven three step formula provides individuals and business owners with an innovative option to secure a better retirement, a legacy for their children and grandchildren; and we have voluminous testimonials from our buyers attesting to their satisfaction.
5. Does your opportunity help investors build long term wealth, immediate cash flow or both?
Land Banking is a term used by both individual investors and corporate land developers. It is the strategy of purchasing a parcel of land and holding (or banking it) it for typically five or more years for future sale or development.
Land banking is a proven long-term appreciation strategy for building wealth and providing individuals with a safe and profitable alternative for building their retirement nest egg. But, successful land banking requires planning and patience
6. Is financing available for your opportunity?
At this time there is no financing available for our process. We focus on helping people make their retirement funds work smarter and harder than they can in traditional methods. Therefore, it is cash that is already available but performing at less than the optimum capacity.
7. Are there any special tax advantages?
If using retirement funds then the tax advantages are great, especially if held in a Roth account.
8. Why is your opportunity ideal for self-directed IRA investing?
IRA monies are already set aside for long term wealth building. This is exactly what Land banking is all about. It is a long term strategy that blends perfectly in the IRA model.
9. How does your company make money?
ACE Capital makes it‘s money at the time of purchase. Our acquisition department is second to none in finding properties that meet our specific formula specifications that ensure appreciation. We buy direct from private owner with cash so we are able to strike great deals. We do not buy from the MLS or brokers so the prices are much better. As we are able to purchase the properties at well below market value we are able to cover our expenses and still offer the properties back out at below fair market value. The appetite for profit is low as we are able to help many people move into Land Banking. Therefore, volume sales help keep the prices where we can put people in equity position right away.
10. What type of results can investors expect with your opportunity?
First and foremost, we have never lost anyone’s money. It is a tangible, grant deeded, title insure piece of property. We have statistical data provided by an outside source that shows the appreciation rates in the area where we focus has been able to provide consistent 18-20% compounded annual appreciation for years. Specific information is available upon request.
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