All Forum Posts by: Kevin Sutherland

I have been recently thinking of asset protection strategies and came up with my very own.

I know most landlord do umbrella, trusts, and/or LLCs to protect from lawsuits. However, no one ever talks about DEBT as an asset protection strategy.

Wouldn't having tons of debt help against lawsuits?!!

I mean you can very easily get HELOCs at a very low cost and draw out as much as you can when a lawsuit is filed against you. You could draw the cash and put into a LLC bank account or hide the cash somewhere else

Help! Would you renew a lease that is coming to an end or let the lease continue to month-to- month for an always late paying tenant? Our current lease spells out that it will automatically continue month-to-month. Please advise. TIA!

@Deanna G.could you please share your excessive utility usage clause?

@Nathan G. Could you please share your water bill included clause?