Alareia Master Class

104: How to Use Land Trusts

Informações:

Sinopsis

Lou Brown comes to the show with over 40 years of real estate experience. With so much experience, he's learned a lot about what works and doesn't work in real estate. Today, he joins Brian to talk about how to use land trusts to protect your real estate property. He shares some on the process of how to create trusts, as well as the benefits of using trusts to protect your assets.   Key Takeaways:   [1:25] With 40-plus years of experience in real estate, Lou Brown discovered that he loves to teach and share his knowledge of what works and what doesn't work with others. His local REIA approached him about teaching a class, and he started doing this monthly on different topics. [3:10] Lou bought his first house when he was 18 by taking over someone else's loan and their existing financing. He went full-time in real estate in 1983 and has been full time ever since. One of his areas of expertise is trusts. [5:00] The Garn-St. Germain Depository Institutions Act of 1982 ended the opportunity of taking ov