Richard wrote to me the other day, after just starting an interview Mike Hambright and I did a while back. Richard’s e-mail reminded me what a nice job Mike did and how much information Mike and I covered during that recording.
Richard wrote, “You got my attention with put each of your properties in a separate land trust.” Thank you Richard. I’m glad you realize how important it is to insulate each property from the others.
If there is a problem which causes your investment at one property to dissolve away, put protections in place so that your other assets remain unaffected.
Richard liked what he heard. You will too. You can hear the whole FlipNerd interview here.