Realty411 Magazine Feautring Memphis Invest | Seite 54

How to Protect
Your Net Worth
O
ne of the
most det-
rimental
mistakes
an investor can make
is not having adequate
l e g a l    p r o t e c t i o n .
Mathew Mullhofer, an
nies, and domestic
corporations. Ad-
ditionally, he has
formed numerous
offshore
corpo-
rations, offshore
trust, and private
offshore bank ac-
Mathew Mullhofer, an investor and California
attorney, says it’s important to be pro-active
to maximize your legal protection.
investor and attorney located in
Orange County, Calif., says it’s
important for investors to be
pro-active for maximum pro-
tection. Asset protection is very
much like health insurance, one
needs to have it in place before
disaster strikes. “You can’t set
a trust or LLC if you already
have a judgment against you,”
he warns. “State and federal
law prohibits any individual
from transferring their assets
after a lawsuit has been filed
against them. The prudent busi-
ness person must plan prior to
any potential lawsuit in order
to legally protect the assets that
they have worked so very hard
to acquire.”
Another common mistake
that investors make, according
to Mr. Mullhofer is that “they
enter into business deals with-
out written documents, which
gives entrepreneurs no legal
protection or recourse should
their partners not agree or keep
their word.”
Mr. Mullhofer has been prac-
ticing law in California for 13
years. He has extensive experi-
ence in the area of estate plan-
ning and asset protection, which
includes the formation of trust,
wills, family limited partner-
ships, limited liability compa-
Realty411Guide.com
counts.
Mr. Mullhofer is also experi-
enced in representing taxpayers
in collection efforts by the Inter-
nal Revenue Service, Franchise
Tax Board, and State Board
of Equalization. When asked
about the different types of le-
gal protection that can be set
up, Mr. Mullhofer says that the
Family Limited Partnership has
been around for many years in
California, however, most indi-
viduals may recognize the Lim-
ited Liability Company (LLC)
more often. The LLC was only
recently enacted by Governor
Pete Wilson, however the LLC
continues to be a valuable asset
protection tool. A Land Trust is
also used in conjunction with
an LLC and an LP for added
protection.
Ideally, according to Mr.
Mullhofer,
each
property
should be in a separate legal
entity for maximum protection.
An investor’s protection plan
will depend on the number of
properties they have and other
individual needs.
For more information on
how investors can maximize
their legal protection and tax
and estate planning, please con-
tact Mr. Mullhofer’s law office
today at: [phone]

like magazines, newspapers,
and blogs. Become a special-
ist in your industry so writers
will reach out to you for your
opinions and comments which
will become published editori-
als. Make sure to keep all of
your featured press materials
framed in your office, displayed
on your website, and added to
your press kit.
Networking . Network-
ing is a form of marketing.
Attend events and meetings,
join groups and organizations,
become affiliates to refer cus-
tomers to other businesses, get
more training and education
and network with fellow stu-
dents, mentors, trainers, and
coaches, create relationships,
offer reward programs for re-
ferrals and market everywhere
you go. Make sure to give
your business cards out. More
importantly, be sure to collect
others’ contact information and
confirm their phone number
and email address so you can
follow up with them. Follow
up is the key to developing the
relationship. I have given out
thousands of business cards
and rarely do I receive a follow
up call or email so set yourself
apart by doing what others care
not to do.
I hope that you will find
some of these marketing strat-
egies useful in your real estate
business. Make sure to track
your marketing efforts to know
which strategies are producing
the best results. And remem-
ber: More Marketing = More
Money!
More Marketing, pg. 46
market and advertise your busi-
ness. I highly suggest that you
customize your Twitter page
with your brand, create a Face-
book Fan Page for your busi-
ness, develop your own Linke-
dIn Group, and also customize
your own YouTube Channel.
After setting up these social
media pages, it’s important to
remain active on these accounts
by posting, uploading, inviting,
connecting, commenting, mes-
saging, announcing, liking, or
whatever is necessary to keep
your marketing efforts ongoing
using these channels. Best of
all, these social media market-
ing techniques are FREE but
time consuming. If you do
not have time to do it yourself,
I suggest you hire a person to
do it for you and keep it go-
ing. Some advance techniques
include developing mobile
applications your customers
can download to their mobile
devices. For instance, we are
creating a deal analyzer so that
our users can quickly analyze a
deal to figure out cash flow and
return on investment.
Public Relations. Your busi-
ness communication and image
to the public can be delivered
through a publicist and/or writ-
ten through a well composed
press release and/or press kit.
This press release can be pub-
lished and picked up by major
journalists who will write about
your company and even contact
you for a formal interview. To
be written up in articles is a
great way to maximize your
marketing efforts. Another way
is to write your own articles to
be submitted in feature print
To learn from Crystal Han,
be sure to visit her website at:
www.360investments.net
GreenBlasts.com
PAGE 54 • 2011
We design & send your email or eFax
to any demographic, industry or city
Current Investor List is Over 500,000
Instant & Trackable - Magazine Discount!
310.499.9545 | [e-mail]
Realty411
Print • Online • Network
www.realty411guide.com | Vol. 3 • No. 2 • 2010
A Resource Guide for Investors
Tips for Long-Distance
LANDLORDING
Turn-Key Rentals
Around the Nation
Cash Flow from the
Comfort of Home
Mathew Owens, CPA, owner of
OCG PROPERTIES
Buys & Rehabs
Rentals in Tennessee
from Redondo Beach
Get the Deals DONE
Learn Creative Real
Estate Techniques
Look Inside
FREE
Wealth
Reports!
from Dave Lindahl, Dolf de Roos,
Bruce Norris, Bill Gatten & more!
Celebrating the Largest
Issue with More Pages &
Opportunities than Ever!
photo by Sam Green

reWEALTHmag.com