InvestFourMore Real Estate Podcast
About This Show
The InvestFourMore Real Estate Podcast is hosted by Mark Ferguson, a successful real estate agent and investor. Mark owns 16 rentals, flips 10 to 15 homes a year, and runs a real estate sales team of ten. Mark also created Investfourmore.com, a real estate blog that gives advice and chronicles his investing.
On the podcast Mark interviews successful investors, successful agents, and many other people who are in the real estate business. Mark also does solo shows where he goes in-depth on his own real estate investing and strategies like switching his focus from Colorado for rental properties to Florida. Mark also interviews new and beginning investors. This practice allows a new investor to get direct advice on how to get started, how to overcome roadblocks and helps the listeners as well.
Mark has been featured on the Washington Post, Time, Yahoo, Zillow, Realtor.com, Huffington Post, and many more major media outlets. Mark has written multiple best-selling paperback and Kindle books and loves hearing from his listeners and readers.
Most Recent Episode
068 Protecting Your Real Estate Assets with Land Trusts Featuring Randy Hughes
2 days ago
Randy Hughes is my guest on this weeks episode of the InvestFourMore Real Estate Podcast. Randy grew up poor, but found real estate when he was in college. He began investing in single family rental homes and has since bought over 200 houses. Randy learned about the best ways to protect his real estate assets along the way using land trusts. In fact, some call Randy Mr. Land Trust because of his vast knowledge on the subject. Not only does Randy teach his techniques online, but he has taught classes at colleges and is licensed to teach with the Illinois Association of Realtors. On this episode Randy gives us a lot of information on why land trusts are such a great tool for real estate investors as well as many other tips to protect investors. How did Randy get started with real estate investing? Randy grew up very poor with an alcoholic father. He worked hard to attend college and was the first person in his family to graduate from college. While in college Randy started to learn about real estate investing and rental properties. He was actually able to buy his first property when he was 19 by assuming a loan and putting $800 down (at the time his life savings). By the time he was done with college he owned three rental properties and was ready to move on in his real estate investing ventures. He started to invest in commercial real estate by purchasing office buildings. As Randy's portfolio grew, he realized all of his properties were in his name, he had no privacy, and was an easy target for litigation. When this was happening a few decades ago, LLC's had not been invented yet. Randy discovered land trusts and how they could protect his properties. Should you use a LLC? How do land trusts help protect your real estate assets? I have all of my rental properties in a separate LLC. I am in Colorado where LLC's are very cheap and easy to set up. LLC's help with liability and protect you from some liability, but nothing is bullet proof. In some states it can cost hundreds of dollars a year to maintain LLC's. It is also pretty easy to look up the owner of a LLC if you are worried about privacy. Land trusts are usually much cheaper to set up than a LLC and you do not have to register them with the state. It is much harder to find th