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January Randy Hughes Land Trust TXREIC Meeting
January 25 @ 6:00 pm - 8:00 pm
Please join us for our January Texas Real Estate Investors Circle meeting.
6:00 – Networking
7:00 – Presentation: “Randy Hughes Land Trust”
Here is just some of what you will learn HOW TO…
- • Make higher profits when selling on an installment contract
- • Eliminate the risk of selling on a note or contract
- • Make more money when selling on a lease-option
- • Eliminate confrontations with tenants
- • Combine Land Trusts with LLC’s for dy-no-mite as asset protection
- • Avoid due-on-sale, transfer taxes, re-assessment upon sale
- • Avoid interrupting seasoning
- • Obtain privacy of ownership and avoid frivolous lawsuits
And much more!!
There are few (if any) benefits to owning investment real estate in your own name. There are many reasons NOT to own investment real estate in your personal name. Here is a real-life case in point.
I control ten condominiums (in one complex) via ten separate Land Trusts. Each property is held in a separate Land Trust with the beneficiary of each Trust being a Limited Liability Company. All ten units are rented out to tenants. Every now-and-then trouble would arise at this complex and the tenants would start arguing with each other which oftentimes resulted in the police getting involved. Upon further investigation, I found that one of my tenants was always at the center of the trouble. In fact, it appeared that she was the source of all discontent!
When it came time to renew the leases at my complex I decided not to renew Ms. Troublemaker’s lease. She had rented from me for years and was VERY unhappy that we were “kicking her out.” Of course, she wanted an explanation as to why I was not renewing her lease and I simply told her that the “owner” (the Trustee of the Land Trust) was not happy with her involvement with the other tenants and therefore, her lease would not About:
Randy Hughes, Bio
He started life out on the wrong side of the railroad tracks. His father was an alcoholic and his mother was left to raise four children on a clerk’s wages. None of his relatives owned their own business . . . everyone worked for wages. His father charged the weekly groceries so that the family would have food on the table. There was no stable income for any future education much less the current needs of the family.
Randy knew that there MUST be a better way to live. He decided to break the cycle of poverty in his family genes. Education came first. Randy graduated from Eastern Illinois University and began buying single family homes for a rental while in college. After college, the Randy tried many different types of businesses but always came back to the Single-Family Home as the IDEAL investment. Since purchasing his first rental house in 1969, Randy hasn’t looked back!
Today, Randy has purchased over 200 houses. He has lived the life of having nothing and will not let that happen again. Randy’s primary goal now is to teach others how to break the cycle of poverty. Randy teaches real estate investment courses throughout the United States. He has written Privacy and Asset Protection books as well as home study courses. Randy’s most popular publications are his Land Trust Made Simple home study courses and live seminars.
Ticket: $15 ($20 at the door) Purchase ticket below and save!
Members: Always Free
Join today and enjoy free attendance at every meeting!