Realty411 Magazine Featuring Lori Greymont | Page 47
(And how a Land Trust can help us find it)
By Randy Hughes,
“Mr. Land Trust”
W
e all want it, we all
need it, and we all
look for it in every
aspect of our lives…securi-
ty. We seek security in our
relationships, in our person-
al lives and in our financial
lives. But why? What is it
about feeling “secure” that
makes this emotion the base
of all human needs?
than one property into any entity
(LLC, Corporation or Land Trust)
will create a nexus for a lawsuit. Most
(smart) real estate investors will title
each of their properties in the name of
a separate Land Trust and then make
the beneficiary of the Land Trusts
their LLC.
Imagine how secure you would feel
if you went to bed tonight knowing
that you did not “own” any real es-
tate. There are NO benefits to owning
real estate in your own personal
name…only risks. If you use a Land
Trust you will still receive all the
same tax benefits, etc. So, if you are
feeling insecure and doubtful about
owning investment real estate please
consider a Land Trust. To reduce the
“As real estate investors we THINK
differently than the average citizen.”
Not holding title to your real estate
in your personal name keeps you out of
the public records (your Trustee’s name
is in the public records instead). Ninety
percent of the information gathered
about you (and often used against you)
is mined through the public records in
your town. Always ask yourself before
signing any document, “Is this going to
be recorded?” And, if it is, try to find
another way to proceed.
Should you use an LLC to hold title
to your investment property? Absolutely
NOT! Yes, I use LLC’s and they are
good asset protection devices (as long
as they are formed in the right state…
which is not necessarily the state YOU
live in or your property is located in),
but LLC’s are registered with the State
and are easily tracked. Putting more
Have you ever been out late at night
on the streets and found yourself in
fear for your life? Or, maybe you have
experienced the fear of foreclosure,
lawsuits, judgments, liens or financial
doom? Sure, we have all felt fear in
one form or another, but facing your
fears and taking action to reduce or
avoid fear is what a mature person
does. As a parent, I know it is my job
to protect my family from all threats
(personal or financial).
Security is the opposite of fear. Our
primal instincts teach us to fear the
unknown and protect what we have.
Because the loss of what we have (or
will have) makes us feel insecure.
Nobody likes to feel insecure.
As real estate investors we think
Realty411Guide.com
differently than the average citizen. We
take on more risk to ourselves and our
family for the possibility of a brighter
future. Risk and security are opposites.
Yet, as investors, we try to balance these
two concepts to yield maximum results
with minimum loss.
Finding security in your financial
life will help you find security in your
personal life (how many divorces result
from bankruptcy or money problems?).
Personal security and financial security
are intertwined.
So, what does “finding security” have
to do with using a Land Trust to hold
title to your investment property? A lot.
When you hold title to investment real
estate in a Land Trust you do not own
the real estate…you own the Trust.
PAGE 47 • 2015
risk of owning real estate and increase
your feelings of security, use a Land
Trust. You (and your family) will be
glad you did.
It is difficult to convey all of the
benefits of using a Land Trust in a
short article like this. I have been
using (and writing about) Land Trusts
for the last 37 years.
If you would like to learn more about
how to create your own Land Trusts,
for FREE training go to: www.
landtrustwebinar.com/411 or email
me at: [email protected] for
my FREE booklet, “50 Reasons to
Use a Land Trust” or contact me
the old fashioned way by calling
866-696-7347 (I actually answer
my own phone!) Randy Hughes, aka,
Mr. Land Trust™
reWEALTHmag.com
Why do We Seek Security?