Realty411 Magazine Featuring Missy McCall-Hammonds | Page 106

Think You Will Never Be Sued? Think Again! pg. 80 I encourage everyone reading this article to get their rental property insurance policies out tonight and read them! Yes, it is boring, but you will realize quickly that you CANNOT PRO- TECT YOUR ASSETS solely through insurance. You have to do more. Since real estate investors are perceived by the public as rich tar- gets for a lawsuit, you must consider getting your name out of the county records. How do you do that quickly and inexpensively? Transfer the title immediately to a Land Trust. Put each property into a separate Land Trust so each property is insulated from the structure gives you the best of both worlds. The privacy of a Land Trust and the asset protection of an LLC. So, how do you accomplish these recommendations quickly and inexpensively? It cost NOTHING to create a Land Trust. You can learn how to create your own Land Trusts at my website: www. landtrustsmadesimple.com Or, if you want FREE land trust ed- ucational training, go to: www.landtrustwebinar.com/realty411 Or, call me at 866-696-7347. To receive a FREE copy of my booklet “50 Reasons to Use a Land Trust” send me an email at: [email protected] Since real estate investors are perceived by the public as rich targets for a law- suit, you must consider getting your name out of the county records. How do you do that quickly and inexpensively? Transfer the title immediately to a Land Trust. other. Didn’t your grandmother teach you not to put all your eggs in one basket? The same applies to asset protection. What about using an LLC to hold title to your properties? Yes, I use LLC’s BUT NOT TO HOLD TITLE TO INVESTMENT Amin It Noorani [email protected] PROPERTY! is best to | put your property title in a Land Trust, then make your LLC the beneficiary of your Land Trusts. This Multifamily Investing with Brad Sumrok, pg. 25 there today? Brad Sumrok teaches what he does. He transfers his 12+years of investing ex- perience to his students. His processes are not “get rich quick”, rather, he puts you on a path to Retire within 3-8 Years or Less. Perhaps most refreshing; when you attend one of these training events, you actually get Brad himself, not a substitute or trainee. These events and programs are designed for educating and equipping both Sponsors that enjoy more active deal making, and Passive Investors with capital that just want to make better investment choices. v Brad’s Top Tip on Selecting a Great Property Management Company: “The best way to evaluate a third party prop- erty management company for investors is to find a company willing to show a proven track record of successfully managing properties just like the one you are planning to buy.” Realty411Guide.com PAGE 106 • 2014 reWEALTHmag.com