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!
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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:
- 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?
- 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.
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.
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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!