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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