Quick Overview of Asset Protection for Real Estate

[Mental Rental]

Thought I'd pass on this beginner overview of asset protection, in particular as it relates to rental properties and real estate investments: real estate asset protection.
Unfortunately, landlords are lawsuit magnets, as the article points out, which means they need to be extra careful of protecting their real estate assets. Why people hate landlords they way they do, I'll never know; they make an honest living in buying properties and offering them to other people to live in.
Anyway good luck preventing the ambulance chasers from putting their paws on your hard-earned assets, and hope you're all surviving this challenging economy!
Cheers,

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The Mental Rental Investor from EZ Landlord Forms

[GlobalWealth]

Real Estate investors are highly prone to litigation. The fact of owning the property gives you a giant bullseye and certainly makes you a target. There are many tools available to properly structure your assets including LLC's, LP's, property liens, and trusts. Most importantly though is to do it before you need to, not after the sheriff serves you papers. You never know when your next tenant is going to open a meth lab in the basement.