Ep 94: [Bob Bluhm] Land Trust vs LLC (Which is Best for YOU?)

Land Trust vs LLC, what's best for YOU when investing in real estate? On this podcast episode, Bob Bluhm and I will discuss the best entity for real estate investing and asset protection.  Is it a land trust?  Is it an LLC?  What are the pros and cons of entity?  Find out on this podcast episode.  Check it out! ⬇️ RESOURCES ⬇️ Contact Bob Bluhm Here: https://reieducationacademy.com/Assetdefense Get the Hybrid Wholesaling Course Here: https://reieducationacademy.com/yt-hw-free-video Get A Free Business Credit Consultation Here: https://reieducationacademy.com/businesscredit Get More from Jamel Here: https://linktr.ee/jamelgibbs Recommended Reading: Profit First- https://amzn.to/2Y3RN5I Who Not How- https://amzn.to/3IPPNQY Timeline: 0:00 Intro and Summary 2:13 About Bob Bluhm 7:11 What are some obstacles investors face when setting up an entity? 9:18 The benefit of setting up a land trust 11:52 Pros vs Cons when using a land trust for real estate investing 12:48 Do you need to file a land trust at the courthouse? 15:08 How to set up a land trust? 17:42 What are some of the cons with using land trusts and llc’s? 19:26 Step by step process to setting up a land trust 24:00 How to contact Bob Bluhm? 24:49 What is asset defense or asset protection? 27:39 If there are existing judgements on real estate can title still be transferred into a trust? 29:56 Should you set up an LLC in advance before finding real estate deals? 30:52 Can you set up an LLC in one state and use it in another? 31:35 Do you need a land trust when you’re wholesaling real estate? 32:11 Do you recommend setting up an LLC for wholesaling and fix and flips? 34:05 Recommended Reading 35:04 Last words from Bob Bluhm and closing comments