The Real Estate Investor's Magazine
Always Think Safety
Sometimes I am questioned as to why I do not want to own property in my personal name. Am I trying to do something illegal, immoral, or fattening?
NO! I am just trying to protect my family’s assets from deadbeats and their contingency fee lawyers!
Furthermore, I am trying to protect my family from crazy tenants. Can you
imagine a tenant you are evicting getting mad enough to come to your home and confront you (or worse yet, your children who answered the door)? It happens, and sometimes worse.
Case in point; In Hartford, Connecticut a tenant cut off the head of his landlord who was trying to evict him.
Don’t be an “owner.” Be a property manager . . . you may live longer. It is YOUR responsibility to protect your family and its assets.
Get busy, and use a trust. You will be glad you did!!
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Comment
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Comment by Mr. Land Trust® on October 16, 2020 at 2:43pm
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Thank you! Keep looking for more tips from Mr. Land Trust! Appreciate the support.
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Comment by Realty411 Magazine on September 30, 2020 at 10:09am
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WONDERFUL ARTICLE!
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