Hello
Rob Lambert here with Asset Protection Training
Today we’re going to talk about investment real estate.
What you can and can’t do to protect it? It’s the best way or one of the best ways I know to make money, it’s also a great way to lose money.
Let’s talk about what you should and shouldn’t do.
Now, look here we have your investment real estate, notice it has a lock on it it’s attached to the ground.
What can you do with it? Well, you can make money and realize that it’s virtually unprotectable. Unless you have it off your balance sheet and you can never take it out of dodge.
How do you take it off your balance sheet?
You take it off your balance sheet simply, you transfer it.
Watch this, see the real estate coming down!
You put your real estate into a domestic LLC, you can get charging order protection it holds up 70% 80% of the time, not all the time.
It is off your balance sheet if you adopt this structure, note it’s owned indirectly by your trust company, it’s no longer yours. If you do it and enough time passes the statute of limitations will have run on the fraudulent conveyance, which is almost the only way that anybody can get to it.
You can extract equity from real estate but investment real estate nobody’s desires to extract equity or desires to make money. If you extract equity, you’re going to certainly pay more interest than you get in a place that you put it.
So even though you can protect liquidity easily by putting it abroad in one of these bank accounts, it’s going to cost you money. Investment real estate is great when the financial seas are calm. It is not a good investment when the financial fees are troubled, you should sell it uh dispose of it. Protect your money until the next circle comes around and it’s time to make money in investment real estate.
There are no other important rules other than just realize, you can’t depend upon domestic protection. This little white trust is good but judges do what they want and judges don’t follow the law. You’re always better off taking your money out of real estate and putting it abroad when you’re in trouble.
The next topic we’re talking about is intellectual property. If you have it, you must do the techniques I’m going to suggest in the next video.
Thank you for watching, have a healthy and protected week.