Land Trust Method Of Purchasing Real-estate

Comments(11)

• 
  weski29th November, 2003

  bronchick - ****Must Reach Freshman Investor status before posting URL's***, don't know about the other. have you tried a google search?

• 
  weski29th November, 2003

  OK, so i forgot about the url thing. do a google search on bronchick and you'll find him in leaglwiz. go to his guru section and you'll find hanigan. good luck.

• 
  smoyes10th December, 2003

  I investigated Land Trust methods for 18 months after being burnt by just one of over 200 Lease Options transactions before I decided to try it. I would not invest in RE any other way.
  
  I drove to Denver and personally sat down with Bill Bronchick then I went to California and met Bill Gatten. I found that Bill Gatten has the most complete and safe Land Trust program available.
  
  I have made dozens of transactions since and not one cost me any money out of my pocket. I can also sleep at night knowing I have No Downpayments, No Monthly Payments, No Credit Checks, No Qualifying, No Tenant or Toilet Issues, No Liability, No Responsibility, No Future Obligations, etc, etc, etc.
  
  I still do Lease Options, Wraps, Equity Share, AITDs, Contract for Deed, etc. I just wrap them all in an Illinois type Title Holding Land Trust.
  
  I tried doing the documents myself to "save money". It doesn't work. I couldn't do it cheaper or safer than using NARS and Bill Gatten's services.
  
  I have since become a "Network Member" and Facilitator for North American Realty Services. It's the best thing I've ever done in business not to mention my RE Investing.

• 
  DerrickAli10th December, 2003

  Scott Is K-REKT!!!
  
  DM:
  
  Visit: www.LandTrust.net
  
  or PM me for obtaining exactly what's needed to GET YOU STARTED using the NARS PACTrust(tm) and/or NEHT(Equity-Holding Land Trust Systems)!!!
  
  Derrick Ali
  NARS Network Member & Authorized Product/Service Reprensentative

• 
  s4809818th December, 2003

  Smoyes and Derrick Ali ,
  I have been investgated the land trust in my home state michigan. some of the investor said they use it all the time but when I call my lawyer she said there is not such thing"land trust" in MI. Do you know anything about this?
  I want to use it for RE. would you give me some guidance? thanks

• 
  amavalankar18th December, 2003

  HELPI am trying to close a Pactrust deal for the last six months and very frustrated by lack of supppppppppppppppport>are there any escrow companies who know how to handle trust transactions?I am in San ****Must Reach Freshman Investor status before posting URL's***d to hear from Pactrust members who have done few deals in California.nullHELP

• 
  ahabion18th December, 2003

  no such thing as a land trust??? hrm... sounds like you need to get a new lawyer or i need more education on other states... i figure if South Kakalaki has it, i figure everyone does.
  
  
  
  
  
  [addsig]

• 
  DerrickAli18th December, 2003

  s48098
  
  Land Trust is a misnomer for TRUST and it is merely an entity holds title (in a Trust vs. Personally) it help to protect the title from lawsuits and aids in keeping the interest holders inside the Trust (Anonymous).
  
  Seek an Atty familiar with estate planning and TRUST under the Yellow Pages---preferrable one law-schooled in ILLINOIS since all other State's using title-holding Trust incorporate the Illinois-type for the basis of their model's structure.
  
  
  amavalankar
  
  PACTust(tm) and No Support???
  Where are you calling/going where you haven't gotten support?
  
  Have you tried the http://www.LandTrust.net DOCUMENTATION Discussion Forum or the 1-800# ?
  
  Emailed BILL GATTEN yet?
  ---Cuz He ALWAYS RESPONDS and Quickly!!!
  
  Or were you just looking to Partner with someone on a deal?
  
  amavalankar I am not clear on what exactly you mean?
  
  BTW-Are you a Network Member or do you own a SuccessPack?
  
  As for Title Co.s we use STEWART Title but if your local TAs have trouble the Docu+closing Reps at the NARS ofc.s can help them with the paperwork.
  
  
  Anyhow feel free to PM me an get me the details so I may assist you!
  
  Hope this Helps!
  
  
  Derrick [ Edited by DerrickAli on Date 12/18/2003 ]

• 
  InActive_Account18th December, 2003

  No question, Bill Gatten is king of the land trusts.
  
  You may also try Louis Brown who I think is a NC native. and has excellant forms.,

• 
  s4809819th December, 2003

  Smoyes and Derrick Ali ,
  I have called countless lawyers in MI . The best one post an answer like this :" what you are talking is a living trust, you put the property in there for estate planing. But no land trust in michigan."
  Did anyone heard about Drew Miles's land trust program? He made one presentation in our RE club meeting.
  Thanks

• 
  jeff1200225th December, 2003

  s48098,
  Land trusts are used in all 50 states. Most Lawyers don't really understand them. That's not necessarily a bad thing either. Purchase some material on them. I'd recommend spending a few dollars on some books, or better yet, go down to the local public library and do some research on Land Trusts yourself. you can look in the public records for Trustee's Deed etc. if you need more evidence that they are used where you live. As stated by other posters in this string. If the attorney that you're speaking with doesn't know anythng about them, Talk to another attorney. Find those that specialize in Real Estate.
  Jeff