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Clint Jenkins
11-16-2008, 07:04 PM
Im looking for an Attorney to set up trusts for some rental property I own. Got any recommendations for the Collin County area? thx
Clint

George Roddy, Jr.
11-25-2008, 04:18 PM
Clint,

We have several preferred attorney that we use. We offer a course on how to set up your own trust for $249. Part of the trust we recommend that you use a 3rd party attorney as your trustee. We can give you his number if you would rather he set it up, but he is going to use the same documents we offer in our live course.

George

Clint Jenkins
11-26-2008, 05:19 PM
Thanks. I will check out the course times.

George Roddy, Jr.
11-27-2008, 08:57 PM
Clint,

The next "Live" Trustee training class in December 12th at our office in Plano. From 9:00am to 1:00pm. FYI- Bob L (trainer) usually buys lunch.

George

Unregistered
12-02-2008, 09:55 PM
George,

I am new to this. What is the Land Trust and what is the benefit to a real estate investor

George Roddy
12-04-2008, 11:17 AM
Hi Clint,

The Land Trust is a title holding entity, or in simplistic terms, a way to purchase and hold ownership in real property without the deed being in your name or the name of your company.

The primary function of the trust is to afford the investor total anonymity in all of their real estate dealings as far as public records are concerned. The implications of this are profound and far reaching.

I go into specific detail in our Land Trust and Texas Double Wrap workshops but primary benefits include:


Buy any property and take over any existing mortgage with no applications
income requirements, or credit approval
Protect your real estate holdings from judgments & involuntary liens
Avoid mortgage seasoning issues
Remove yourself as a target for frivolous lawsuits

These are just some of the benefits that complete anonymity of ownership will afford you when buying, selling, and holding real estate utilizing the Texas Land Trust.

The Land Trust is the only way that George and I (and all the investors we work with) hold properties that we personally own.

I hope this helped answer some of your questions.

Bob Lowrance
Workshop Instructor
Texas Land Trust & Texas Double Wrap