All Forum Posts by: Account Closed

Adam Please add me as well!

@Brent Coombs  Agreed, I talked to a mentor this morning (since the previous post) and he said essentially the same thing.

First: You don't know until you ask.

Second: The worst thing that happens is nothing.

This is pretty much where I landed on this one as well. Thanks for the inputs!! The search continues!

I was doing some driving for dollars research and found a property in definite need of work. I brought the address home to find out the tax record mentions that it is a Life Estate. Quick google search says "A life estate deed is a deed form used to transfer property to one party automatically upon another party's death. The life tenant's interest is called a life estate. The interest that passes to the remainder beneficiary is called a remainder" My concern is if the house is under an estate for the owner they may not be able to sell? Anyone do a deal with someone thing like this in place?

Justin I am just south in Burleson.. There are a few folks here in the area. I am close to the same boat as you but also looking to establish network to move forward.

I recommend hitting meetup.com or the meet up app. Lots of stuff in the area. I have attended 2 events this month.

Robert J Bluhm https://www.texasbar.com/AM/Template.cfm?Section=Find_A_Lawyer&template=/Customsource/MemberDirectory/MemberDirectoryDetail.cfm&ContactID=160541 This has his contact info,license info it mentions a company name but he mentioned having several companies himself so unsure if that is the firm.

Glenn that is what Robert does, setting up business entity to maximize your liability protection.

I would also be interested in any recommendations. I attended an REI group meeting in Arlington and an Asset Protection Lawyer came in and discussed some interesting stuff. He helps set up legal entities a lot of the stuff he discussed was very interesting. Asset protection and tax perspectives.. Robert J Bluhm is the lawyer.

@Joe McCall

Joe, 

Thanks for the post, I got several ideas out of this and I can see great potential to grow into areas that would be missed with the normal spray and pray marketing.

Very interesting.

Sincerely,

Jesse