Name: Randy

Web Site: http://www.landtrustsmadesimple.com/

Bio: Randy is a full time real estate investor who purchased his first rental house in 1969. Since then Randy has purchased over 200 houses. In addition to investing Randy teaches other investors how to set up and administer their own Land Trusts to hold title to their real estate investments (for privacy, asset protection and higher profits). He is a nationally know speaker, author and mentor to his students and subscribers. Randy writes the only National Land Trust Newsletter in the country and founded the Land Trust University. He is also a heck of a guy! Visit Randy at www.realestateforprofit.com or call him with your Land Trust questions at 1-866-696-7347. He will send you his FREE booklet, "50 Reasons to Use a Land Trust" if you email him at: randy@realestateforprofit.com

Posts by this contributor:

    Using a Power of Attorney For Real Estate Investing

    April 12th, 2017

    realestatejokememe4A Power of Attorney (POA) is the written authority for an “agent” to act on behalf of someone else. This means that if you need to get something done while you are out-of-town or incapacitated in some way, you can still reach your goals.

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    Why Use A Land Trust?

    February 27th, 2015

    Do you remember 1969? Probably not. You may have been born after 1969 and  did not find real estate as an investment until many years later. I remember the  year 1969 very well. It was the year in which I purchased my first rental house. I  was still in college and realized that I needed to break the cycle of poverty in my life.

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    When Is The Lease Option Put Into A Trust

    May 13th, 2014

    real estate investing questionsOften times real estate investors have questions about Land Trusts & Lease Option Investing – and I often have answers!  We learn best from our peers and “on the job” training per se.

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    REI Question: Is A Land Trust Legal In Your State?

    December 4th, 2013

    Land Trust InvestingThere are only six states that have an actual Land Trust statute (or case law recognition) and they are; Illinois, Indiana, South Dakota, Florida, Virginia and Hawaii. Does this mean if you do not live in one of these states (and own property in the same state) that you cannot form a Land Trust? Absolutely not! Read the rest of this entry “

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    California Land Trusts

    January 18th, 2013

    real estate investing

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    Big Mess In Chicago With A Land Trust

    December 28th, 2012

    real estate investingSeveral months ago a lady from Chicago called my office and wanted to talk about a big mess she was in with her mother’s property. In 1993 her mother and step-father formed a land trust to hold title to their residence in a Chicago suburb. They made the lady and her step-brother (who she has never met personally) successor beneficiaries.

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    How Can I Trust My Land Trust Trustee?

    November 19th, 2012
    real estate investingI am often asked by my students about property that they already own (with title in their personal name) and how best to transfer this property into a Land Trust. There are many reasons to transfer property currently held in your personal name into a Land Trust.

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    How To Transfer Title Ownership Surreptitiously

    October 10th, 2012
    real estate investingSmart real estate investors use a Land Trust to hold title to their investments. The Land Trust is the best entity for privacy and flexibility of ownership. For those serious investors, using another entity as the beneficiary of the land trust gives further benefits and asset protection.

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    Using A Land Trust With Bank Of America

    September 3rd, 2012
    When people ask me if they can close a real estate purchase transaction using a Land Trust and a lender qualifying the loan under secondary market guidelines, I typically say, no. You can transfer the title the day after closing to your Land Trust, but secondary market guidelines usually prevent you from closing in the name of your Trustee (this is why I recommend using portfolio lenders and not secondary market type lenders).  However, if you are borrowing from Bank of America (BOA), the property is located in Illinois AND the trust is an Illinois Land Trust, then you CAN close the deal directly into your trust (and you never take title in your personal name or show up in the chain of title).

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    Privacy, Land Trusts And The 4th Of July

    July 4th, 2012

    The 4th of July is the birthday of America. Each July I think about our forefathers and what they envisioned for the new nation they created. John Adams and Thomas Jefferson were both US Presidents in the late 1700’s that were concerned about the boundaries of government and the freedoms of its citizens (coincidentally, both Adams and Jefferson died on the same day…July 4th, 1826).

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