How Landlords Can Get Maximum Value From A Rental Property Appraisal Real EstateA rental property appraisal will tell you exactly how much the property is worth to the average buyer or investor in the current market. In part one of this article, we talked about why rental property owners need an appraisal, how much an appraisal typically costs,...
Rental Property Appraisals: Refinancing Your Investment The Right Way Real EstateWhat are rental property appraisals and how do they affect your business? A rental property appraisal is when a certified appraiser determines the exact market value of your rental property: how much the property is worth to the average buyer or investor in the...
Should Rental Property Be in an LLC or Trust? Asset Protection, Corporate Structure, Land Trust, LLCShould rental property be in an LLC or trust? Unfortunately, the answer is not as straightforward as you might think. Whether you’re planning your will or setting up a company to manage your growing real estate portfolio, you need to know exactly what type of entity...
How To Name A Trust Asset ProtectionIn this article, we’ll talk about how to name a trust. It’s an often overlooked—but important—part of setting up a trust. Think of trust as a set of directions for how to handle certain assets. You can control when, where, and to whom they’re distributed. A trustee,...
Do I Need a Medical Power of Attorney? Asset Protection, Estate PlanningIt is said that change is the only constant thing in life. And while this saying has fallen into the realm of overuse, it remains true today. So how does this affect your estate planning? When planning, it will do you well to account for all eventualities that may...
Do I Need a Durable Power of Attorney? Asset Protection, Estate PlanningLife is unpredictable. But it’s not for nothing that the cliché says: if you fail to plan, you plan to fail. One of the best things you can do to safeguard your assets is to prepare for the worst, including death and debilitating illness. You should also plan for a...
Selling Property? Protect Yourself With A Robust ‘As-Is’ Clause Asset Protection, Real EstateIssues regarding liability are common in real estate. There are several risks that can lead to a lawsuit. You can’t ever fully remove the possibility of legal action against you. But there are a few common-sense measures you can take to protect yourself from some of...
How To Start A Shell Company Asset Protection, Corporate StructureWhy risk exposing yourself (and your assets)? A shell company can streamline your real estate investments while minimizing this exposure. Your shell company is your face to the world, it’s the one that we want people to come after if there’s ever a lawsuit. Think of...
Estate Planning for Unmarried Couples Asset Protection, Estate PlanningThere are many reasons couples decide not to get married. Some choose to live together before getting married, while others see no need to walk down the aisle to make the relationship official. According to a Pew Research study, there is a growing acceptance of...