Real Estate Investment Training - Real Estate Investors
Have Rents Mailed to Your Mailbox Address - 101 Street Smart Cash Flow Accelerators #63
Sep 19 2019
Hi, it's Lou Brown. Welcome back to another of 101 cashflow generators, cashflow accelerators. I want to help you be successful in this great game of buy, hold and sell. By the way, that's the name of my upcoming book and one of the things that I've discovered in being in this business is that you have to put yourself in a position to win and the way that you do that is that you take yourself again out of the position of receiving anything at your home. One of the things over time I'm going to teach you is that it's very important that you create some privacy for yourself. Your residents should not know where you live. Your contractors should not know where you live in a body. I mean, we all know people getting crazy now and it's just a better idea to put yourself in a position that you don't, y'all, your business is not in this route, so to speak.
It's a much better idea to get an office. Now this office is about this long and about this big and what I'm talking about is a mailing address at your local ups store or other pack mail, whatever may be common in your area and that becomes the address that all bills are sent to that your property tax reports are sent to that uh, your residents and their rent to. I recommend that you get your mail, your address off of public record. Now one of the things I referred to in another video is to take your name off public record and transfer your property. You know, all residents into trust, a trust have about 30 different benefits and one of them is probate avoidance when you've already got the property and trust. Another is privacy so that you are not on public record as the current owner of the property.
The trust is the owner of the property. You may be a beneficiary of that trust, but that is not published out in the public. And so that's something that I want you to learn about. It's very critical, unimportant that you set up a good solid estate plan. And part of the process is to notify your residents that you no longer own the property because it's now in trust and that, uh, you are now the manager of the property and the new owners want the rent mail to this new address. And so setting up that address also again, helps you to transfer that burden of ownership to the trust and take it off of your shoulders. Well, I hope that's been helpful to you. It's a been a very valuable thing for me in my business and I've people all across the country, we have licensees of our system in all 50 States. We have many, many owners of my whole enchilada system, the whole enchilada, real estate investing. You can learn more about [email protected] and know that I've got a lot of different information to share with you about building an amazing multimillion dollar real estate business. I look forward to seeing you soon. Like this. Love this. Share this and do subscribe. Take care. Yeah, baby.
Lou Brown has been buying, selling and holding property for 40 years and you are about to discover what a lot of so called gurus are missing.
* How to buy all the property you want without ever visiting a single bank or needing to qualify for a loan…
* How to have a buyer or renter before you even buy property…
* How to have them already pay you money before you sold them anything…
These are exactly the kinds of deals he does day in and day out. Most 'investors' are getting it wrong. It's not about the property, it's about the buyer. Buying right and buying cheap is what you'll do after you have the buyer.
Real Estate investors in all fifty states across Canada and fifteen foreign countries including as far away as Australia and New Zealand, have long regarded the training, systems and forms created by Louis Brown as the best in the industry, Quoted as an expert by many publications and authors, “Lou” draws from a wide and varied background as a real estate investor having been buying property since 1976.
He's invested in single-family homes, apartments, hotels, developed subdivisions and built and renovated homes and apartments. Each of these experiences has given him a proving ground for the most cutting edge concepts in real estate today. He's widely known as a creative financing genius with his deal structuring concepts.
Being a teacher at heart he enjoys sharing his discoveries with others. He has served the industry in many volunteer positions such as past President and designated lifetime member of the Georgia Real Estate Investors Association, the world's largest real estate investor group.
He is also founding President of the National Real Estate Investors Association, which serves as the umbrella association of local investor groups.
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