Friendly Liens to Hide Equity
In looking for something to write about in the BiggerPockets forum I came across a thread dealing with “friendly liens” for asset protection. If you are not familiar with the…
Author
Clint Coons
Important Considerations for Real Estate Contract Assignments
Last week’s post focused on Finder Fees as part of an overall wholesaling strategy. Another component to this strategy involves securing a property under contract then assigning the rights of…
Finder’s Fee in Real Estate Investing – Is it Legal?
This week I received an inquiry from a real estate investor so fresh from an investment seminar that I could feel the weight of the credit card debt he racked…
Not Holding on to a Tenant’s Abandoned Property Could Cost You!
Your tenant has quit paying rent so you serve him a 3-day notice to “Quit or Pay Rent”. Low and behold he does you a favor by abandoning the property.…
How to Raise Money for Your Real Estate Investing
“It is natural to indulge in the illusions of hope. We are apt to shut our eyes to that siren until she allures us to our death.” – Gertrude Stein.…
Six Clauses for Every LLC – Part 2
The purpose of this post is to provide investors with some guidance in creating their LLCs. So far, I have covered three of six points that in my experience have…
Six Clauses Essential for Every LLC – Part 1
A properly drafted operating agreement can greatly enhance the liability protection. An improperly drafted operating agreement will do the opposite, leaving creditors a superhighway of access to the assets. The…
C Corporation: The Active Real Estate Investor’s Preferred Choice of Entity
A common question among many real estate investors I meet is “should I form a C corporation or an S corporation for my short term investing (short term investing is…
Will Your Real Estate Asset Protection Stand up in a Fight
How much protection can you truly expect to receive from a Corporation or Limited Liability Company as a real estate investor? If you listen to some purveyors of asset protection…
Land Trust Traps for the Unwary Investor – Part 2
Last week I wrote about two of the primary misconceptions regarding the use of land trusts in real estate investing. I am amazed at the response my Blog generated. My…
Land Trust Traps for the Unwary Investor
I received eleven calls this week from real estate investors who wanted to set up land trusts to protect their real estate investments. Understand that it not uncommon for me…
The Series LLC and Real Estate Asset Protection
When it comes to asset protection, I always tell my students and clients that segregating dangerous assets from each other is a sound strategy to limit overall risk exposure. Best…
