Today’s REI Classroom Lesson

Jack Shea teaches us about how trusts can provide you with privacy and protection.

REI Classroom Summary

Jack explains more about how it’s like a new operating system for real estate investing and how it can take the stress out of negotiating.

Listen to this REI Classroom Lesson

Real Estate Investing Classroom Show Transcripts:

Mike: Welcome back to the REI Classroom where experts from across the real estate investing industry teach you quick lessons to take your business to the next level. And now, let’s meet today’s expert host.
Jack: Hi, my name is Jack Shea. I’m an investor and real estate and notes for over 25 years. I’ll talk a little bit about trusts, personal property trusts and land trusts. We use them both. We have an IRA checkbook trust.
Mike: This REI Classroom real estate lesson is sponsored by
Jack: But I like the trust business. I’ve never done any exchange, any business outside of that. I do hundreds of deals all in trusts. To me, you get a new way to run your real estate. You get a different system for managing the properties in private. You can partner in syndication with other people at the trust level, which is personal property, no witnesses and no notaries. And you get this privacy, where the tenants and the bureaucrats do not know who the real owner of the property is. It’s legal in all 50 states. It’s in an estate-planning tool where the heirs are set in the documents. You can gift shares in pieces of 10 or $14,000. It’s a system for buying and selling more anonymously as an agent for the trustee. And it takes a lot of the stress out of negotiations with sellers and buyers.
So it’s like getting a new operating system for your computer. You get all these modules in different ways to operate, but the main thing is it’s a firewall and a spam filter that you don’t get harassed. You don’t get nailed. You don’t get sales people. You just are able to operate in private and it’s been the law in Illinois since the 1890s. So I would suggest that investors look into it and it’s also for notes. You get the same benefits. Thanks.
Mike: is now the leading virtual assistant provider for real estate investors. As busy real estate investors, there is nothing more valuable than our time. not only helps you find the right real estate virtual assistant for your business, they train them on an ongoing basis, manage them daily to make sure they’re staying productive and effective and in the event they’re not the right fit or need to be replaced, they handle that for you too. Whether you need one or 100 virtual assistants for your team, start the process right now at
Please note the views and opinions expressed by the individuals in this program do not necessarily reflect those of or any of its partners, advertisers or affiliates. Please consult professionals before making any investments or tax decisions, as real estate investing can be risky.
Are you a member yet of, the hottest real estate investing social community online? If not, you can join for free in less than 30 seconds and get access to hundreds of off-market deals, vendors in your market to help you in your business and you can start networking with thousands of other investors just like you. Get your free account now at
Please check out the FlipNerd family of Real Estate Investing Shows where you can access hundreds of expert interviews, quick tips and lessons from leaders across the real estate investing industry. They’re available at or simply search for FlipNerd in the iTunes store.