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Updated almost 8 years ago on . Most recent reply

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Hillary Dandridge
  • Detroit, MI
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Don't put the TITLE in your name!

Hillary Dandridge
  • Detroit, MI
Posted

Good Afternoon my Bigger Pockets people! So, this pass Wednesday I had the pleasure of attending an real estate seminar. You know the one that tries to sell you a class or a product at the end?  ( Are those classes even worth investing into?) Anyway, the person who was presenting made a statement to never put the TITLE of the home in your name. He mention that putting the DEED in you name was O.K., but not the title. And as a newwwwbie into this real estate game, what does he mean by it? He didn't go into detail about what exactly what he meant, but the statement was made. So, could anyone help me understand his reference????

Also,  come to think about it, he referenced I think Rockerfella in saying that, " He's worth a billion, but owns nothing". I'm confused??????

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Nicole A.
  • Rental Property Investor
  • Baltimore County Maryland and Tampa Florida
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Nicole A.
  • Rental Property Investor
  • Baltimore County Maryland and Tampa Florida
ModeratorReplied

And to answer your other question, I personally would recommend saving your money and not doing those RE classes/seminars. Especially if that's how the guy was talking, I suggest you simply read this website to learn. Listen to the podcasts. Read books. And go to your local REIA meetings where they're actually networking and not selling classes. There, you can meet local investors in person. You can learn a ton for free. No need to get sucked into a class/seminar/bootcamp.

  • Nicole A.
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