Protecting your investments

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Nov 26, 2005
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I'm not talking about something like these I'm curios as to what is the best way to protect your real-estate property. I've heard of LLCs but I just heard someone mention they are worthless.
 

BabaBooey

Lifer
Jan 21, 2001
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11792ki.jpg



:awe:
 

ichy

Diamond Member
Oct 5, 2006
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Honestly the best you can do is get a big umbrella liability policy. Check out fatwallet.com for a forum that's full of people with advice on this topic. An LLC on its own isn't worth all that much, if you have substantial real-estate investments you should talk to an asset protection lawyer.
 

Jeff7

Lifer
Jan 4, 2001
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nice. no NSFW tag on a condom link?
I guess this is why it's so easy to get people to click a misleading or bad link in an e-mail. All you have to do is present a link to someone, and it will be clicked without a second thought.
:p

A random stranger approaches you on the sidewalk and hands you an unmarked bottle of liquid, and says "Drink this." Mmmm.
 
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