By: Ali Elizabeth Turner
Vincent Anderson has had an impressive and varied professional career, having been everything from a radio broadcaster, a social worker, an educational consultant, a foster parent, an adoptive parent, a member of General Motors’ sales and marketing team, a private boarding school assistant principal, and a university professor. He also has his private pilot’s license, and loves being in the skies.
I met Vincent a little over two years ago when he became a beloved member of our BNI group, which is known as Limestone Leaders. I can confidently say that all of us in our chapter are so glad he decided to join us as a real estate investment professional, and the purpose of this advertorial is to educate anyone that is interested in the possibilities available with a private lending program. As a seasoned educator, Vincent is excellent at taking complex financial concepts and making them understandable for the average person who wants to grow their nest egg.
Vincent is married to Joyce, who is a nurse practitioner with well over a half-century of experience. Both have been highly successful in their respective fields, and over the last 30 years have bought and sold several properties. “We picked up rentals along the way, and decided to expand what we were doing and give an opportunity for other people to invest,” Vincent told me. Close to four years ago, Vincent became aware of and enrolled in a school of real estate investment that is headed up by two men by the names of Ron La Grand and Jay Conner. Vincent became certified as a “Platinum member” of Jay’s private money academy and underwent an intensive education process to both learn how to use it himself and teach others. Since then, he has continued his education in the field so he can better serve his investors.
What is a “private lending program”? It is a system that educates prospective investors regarding alternative real estate financing. It is legal, fiscally legitimate, somewhat sophisticated, and time tested. That being said, the reason why it is such a boon for everyone involved is that it genuinely serves people who have a desire to get in or out of a property safely, as well as for those who choose to be the investors.
How does it work? Largely it utilizes a self-directed IRA. This allows the investor who actually has the account to be the one that directs the investment, rather than the corporation that issued the IRA in the first place. Vincent described it to me, as someone whose bailiwick is clearly NOT high finance, as follows:
This teaches people to self-direct their IRAs and invest in real estate properties. There are many people who can invest and don’t need to have huge amounts of money in the bank for investments. There are others who have significant investment capital, and the IRA companies don’t direct the usage of the funds. When alternative financing is used, the return on investment (ROI) for the investor is 10%, which is paid by Chaj Rondelle Enterprise for as long as we use your money. This is how we are able to leverage a retirement or investment account for the investor. Chaj Rondelle Enterprise uses the funds to make offers on properties for the investor, and sometimes we buy, repair, and sell distressed properties. We can sell them, hold them, and sometimes rent them. We find owners who are willing to use self-financing options. Lease purchase and lease option are the most popular, and they are the simplest.
This approach also makes it possible for a buyer to get into a good property while they are repairing their credit.
I remember the day Vincent came into our BNI group and with a smile on his face told us that a project that had been retrofitted for senior living with wheelchair access had sold, and he and the investors were getting ready for another project. This is one of several projects that has been completed, and the system of using private funding genuinely works.
Recently I asked Vincent why, if I am going to venture into something like private real estate investing, should I choose Chaj Rondelle? Here is what he told me:
“We make serving our investors the highest priority as well as keeping their money safe while providing an excellent return.”
If you are an investor, or are wanting to get in or out of a property and need help to do so, why should you choose Chaj Rondelle Enterprise as a company, and more importantly Vincent Anderson as a person? That’s easy. All of their businesses and adventures have one thing in common: they have been born out of a heart to serve. Call Chaj Rondelle Enterprise LLC and Vincent Anderson today to see if this is your next right step. You’ll be glad you did.
By: Ali Elizabeth Turner
April 19, 2024
