Widespread knowledge that is finally circling in the real estate investing circles, especially at the many local Real Estate Investor’s Meetings (REIA), proliferating in most of the ‘Get Rich Quick’ guru seminars, and also trickling into the self-help books, is my quote from over a quarter century ago: “Never own real estate in your own … Read more Never Own Real Estate in Your Own Name.
Do you own real estate in your name? Do you own vehicles, insurance policies, bank accounts, furniture, or artwork in your name? Do you hold notes, mortgages, bank accounts, or life insurance policies in your name? Americans have a 10 percent chance of being sued in any given year and a 33 percent chance of being sued in their … Read more Are You Ready to Lose Everything?
When purchasing real estate, you never, never, never want to hold title in any of the following three forms: Never your Personal Name Never as Joint Tenants Never in a General Partnership Real estate investors, even those who have been around and own multiple properties, started out doing things wrong and never changed. Homebuyers simply … Read more Warning! Do Not Own Anything in Your Own Name!