Real Estate Articles

Real Estate Investing: Asset Protection

Becoming A Real Estate Agent. Complete Business Package To Help You Easily And Quickly Become A Successful Real Estate Agent.

One worry of buy & hold real estate investors is getting sued. The sad reality is that anyone that owns real estate assets is a lawsuit magnet. There are a few people who make a profession out of going after anyone they perceive as wealthy. There are four steps to protecting yourself against this type of attack.

  1. Don't own property. At least don't own property in your name. Don't have multiple properties in any one company name. Hold the properties in trusts and other entities to protect your privacy. You are less likely to get sued if you don't appear to be sitting on ample assets.
  2. Run a reputable real-estate investing business. Pay attention to any health and safety issues. Use licensed contractors and pull building permits. If there is a problem, communicate and be professional.
  3. Real Estate Development Made Easy. If You Could Develop Real Estate Succesfully - How Often Would You Do It.

  4. Carry ample liability insurance.
  5. Protect yourself by arranging your personal real-estate business appropriately. Separate the actions of your employees from your assets. Consider having a management company with your employees separate from your companies that own your properties. Asset protection works in two directions: You want to protect your personal assets from actions against your business (investment) property. Conversely, you want to protect your business assets from actions against your person and personal property.

Learn Real Estate Secrets. Real Estate Finance Secrets That Can Make You Rich.

Patrick Leblanc is the president of Reflex Investors Inc. and has been investing in real estate since 1991. Reflex Investors buys multifamily properties by offering investors a fixed 10% return in private mortgage notes. Patrick can be reached at http://www.Reflex-Investors.com and http://www.Solid-Return.com.