I saw Randy Hughes, Mr. Land Trust speak at a local MeetUp and everything he said about protecting all of your assets in Land Trusts made complete sense.
A Trust is an arrangement that has been used for hundreds of years to put your assets in something that can not be easily taken from you, shielding the owner from easy losses and frivolous lawsuits from pettifogging shysters.
If you are a real estate investor you should be concerned about protecting your hard earned assets. You spend a lot of time and energy trying to build wealth and generate cash flow. Doesn’t it make sense to spend some time learning how to protect those assets?
You have probably heard that most real estate investors use Land Trusts to hold title to their real estate, but cannot find anyone to explain to you why. Randy Hughes, aka, Mr. Land Trust. Randy is a full time real estate investor who has been using Land Trusts in his investment real estate business for over 35 years!
Randy has an all day course he teaches, and I signed up for it and learned more in a few hours than most attorneys. And the best part? Its only 2 documents, one gets filed with the county, you keep the other one, and you can use trusts to protect any property you have; homes, cars, boats, planes, furniture, equipment, etc.
However, if you can’t make it to him, he will come to you. He offers a home study course to teach you how to do it.
Randy will explain how to:
- Make higher profits when selling on an installment contract
- Eliminate the risk of selling on a note or contract
- Make more money when selling on a lease-option
- Eliminate confrontations with tenants
- Combine Land Trusts with LLC’s for dy-no-mite asset protection
- Avoid due-on-sale, transfer taxes, re-assessment upon sale and seasoning
- Obtain privacy of ownership and avoid frivolous lawsuits
If you can use a family member or close friend is the best, though there are professional trustees that charge about $250 a year to be the trustee for you. Their name is on all documents as the trustee of the trust, keeping your name out of the public record.
If you have multiple properties, it helps to put each one in a trust, as if you just put them all in your name, you are a target for those pettifogging shysters to go after you for shakedown cash. Checkout his online course by clicking the banner above, or click this link for more information.
The Note Whisperer
Silverwood Capital, LLC
P.S., in the interest of full disclosure, the link to the Land Trusts Made Easy home study course is an affiliate link and I’ll make a couple bucks when you purchase it. You will thank me later for the peace of mind…