You are finally biting the bullet and jumping into real estate investing! You found the right property; you are going to flip it or hold it for rental or develop its use to a better potential. The question is: Will you be legally protected from now until when you flip it? When renting housing are … Read more LLC or Realty Trust? How to Choose.
The measure of one’s wealth can be measured by how they “own” or “control” their possessions. The poor say that they own everything they can get their hands on, and unjustly brag accordingly. This is sometimes evidenced by the collection of many possessions that upon first glance, most of society classifies as ‘junk,’ evidenced by … Read more Own Nothing…But Control Everything!
Lawsuits are financially expensive, but the “emotional” devastation is where it impacts. The last thing that you will ever want to experience in your life is opening your door and someone is standing there with a piece of paper telling you that you’ve been served. Your life will change at that time – I’ll guarantee … Read more What is The True Cost of a Lawsuit?
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.
To answer this question properly, it depends on which side of the battleground you are on. Are you the one that is suing someone or are you’re the one being sued? In this article I’m going to offer an estimate of what the rough costs of filing a lawsuit might be. In other words, the … Read more How Much Money Does a Lawsuit Cost?