006: Attorney Lynda L. Sands Discusses Trusts, Part 2 [Podcast]

Trusts: Attorney Lynda Sands concludes her discussion of various types of trusts, asset protection, and privacy. This is CRITICAL information for all new and experienced real estate investors throughout the US!

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Here’s the conclusion of our discussion with Attorney Lynda Sands. Part 1 came out about a month ago. However, I attended the Tony Robbins’ Date With Destiny here in Palm Springs, where I screamed my voice out, and then we got into the holidays, and celebrated my birthday!  Sorry for the delay.

Another way for people to begin building their own capital: Wholesaling Real Estate- the process of placing a property under contract for purchase, and then assigning it to an end buyer for a higher amount than the contracted price. The is the assignment fee. So you’re ‘wholesaling’ the property to another investor.

A really powerful way to flip short-sale and REO homes is to use a Trust to Purchase the property!

If you’d like to contact Lynda, please go to AssetSentryLegal.com

If you’d like to comment on this episode, please  scroll down to the comments section.  Feel free to ask a question, or even suggest a topic you want to know more about. Here are some of the people and companies that Lynda suggested in the interview:

Mark Warda – a Great book: Land Trusts for Privacy and Profit

Randy Hughes – Has a great course on Land Trusts

Ward Hanigan – Attorney, Foreclosures & 1031 Exchanges

Exiter – Serves as Trustee for Land Trusts

Equity Holding Company – Serves as Trustee for Land Trusts

Bill Gatten – Another course on Land Trusts

 

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005: Attorney Lynda L. Sands Discusses Trusts, Part 1 [Podcast]

Today’s episode is an interview on the use of trusts with attorney Lynda Sands.  If you’re not familiar with the use of trusts as a real estate investor, you DO NOT want to miss this!

Trust the Knight at DiscreetInvestors.com

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We begin with Listener Questions.  This is YOUR chance to participate in the conversation, to get your questions answered, or maybe get some feedback on a deal. You can also suggest a topic that you’re interested in learning about.

Today’s question was from Kimberly Rushing at White Feather Investments in San Bernardino, CA. You can find them here at www.whitefeatherinvestments.com

Now, a couple of questions for you, the listeners:

  1. What’s the biggest reason for NOT having your properties in individual Trusts – is it the perceived cost, time, or perhaps you don’t know who to go to that will effectively teach you what you need to know?
  2. If you do have a trust, do you have it named correctly?

To answer these, please scroll down to the comment section.

The interview with Lynda discussed the history of trusts, the various types of trusts, and the different people involved in making a trust.

You can find more about Lynda here: assetsentrylegal.com and here: www.lyndam.com

In last episode, I said I was going to provide a few tips on getting capital of your own, but because this interview went longer than I expected, we didn’t have time this week.  I’ll make sure to get it into episode 006.

Its a tremendous help if you would rate my podcast on iTunes. This helps the visibility for people who have yet discovered it.

Finally, If you’d like to comment on this episode, please  scroll down to the comments section. Feel free to leave a comment, ask a question, or suggest a topic you want to know more about.

Thanks again for listening, we’ll be back next week with part 2 of the interview with Lynda Sands. And – Keep Moving Forward, my friends! :)

 

Our New Private Lender: Brian Rehler

I’d like to welcome Brian into the mix! He’s a successful private investor, and also has 20+ years of mortgage lending experience. Based in Orlando, he’ll be providing Private Lending services in the Southeast U.S. You can read all about Brian on our About page.

Feel free to ask Brian any questions about funding for your next project. He’ll be happy to help – just scroll down and leave a comment.

003: HELP! I’m A New Investor and I Need Money NOW! [Podcast]

This week’s podcast episode is designed to help new real estate investors understand how to find private lenders & hard money brokers and be prepared to get your deals funded. If you’ve been trying to get your first project under your belt, or maybe even your 20th deal, this is the episode you’ve been waiting for.

Help Finding Private Lenders - DiscreetInvestors.com

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001: The Discreet Investor Podcast Begins! [Podcast]

We’re here, and not a moment too soon!  Thanks so much for starting down this road alongside me. It’s my goal to provide useful information for those of you that are experienced investors, newbies with a desire to succeed. This is also a place for us allto bounce around a few ideas, to grow our Private Lending or real estate investing businesses, get a little motivation, and most importantly: make our projects more safe and secure… Discreetly, of course!

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Announcing The Discreet Investor Podcast!

A dream of mine this last year has been to produce a weekly podcast for you. Creating a place for people to call in, ask questions, get answers, and learn about things they might never have known about, seems like a great idea.  So after thinking and planning it this past year, working with a designer, and even taking a podcasting course, I’m pleased to announce The Discreet Investor Podcast!

The Discreet Investor Podcast