Spinning Your Wheels

By Jeffery S. Watson

I see this happen all too frequently. An investor, entrepreneur, business owner, or real estate agent or broker ends up spinning his or her wheels for 2 or 3 hours trying to find someone who can answer a relatively common legal question, but they don’t have quick access to a resource that allows them to do that. I’m not referring to someone who is trying to get an answer to a technical question, like investing with a self-directed retirement account or forming an LLC in conjunction with a real estate transaction. I’m referring to basic and recurring questions that are asked by business owners as they are starting up or branching out into new areas.

Here’s what I’m seeing. I’m seeing people posting questions in various social media forums hoping to get advice from nonlawyers, or they are spending several hours googling the question and reading the information they find to try to understand statutes, regulations and case law. In short, they are spinning their wheels.

I have found a solution that will address the issues raised in this post and previous ones relative to getting competent counsel to prepare life-essential documents and answer a variety of legal questions you may have about starting a business, employment concerns and many other things. That solution can be found by CLICKING HERE.

I do not receive any financial compensation for making this suggestion, but I’ve seen entrepreneurs and investors who have this resource get answers to common questions they have. This frees them from spinning their wheels so they can move on to the more important stuff, the kind of stuff for which they contact me.

A low monthly subscription can give you quick online access to a portal that allows you to create the life-essential documents I’ve mentioned (Last Will and Testament, Living Will, Healthcare Power of Attorney, and Financial Power of Attorney) that are appropriate for the state in which you live. This removes many of the cumbersome delays that often accompany having these documents created, especially in cases where time is of the essence.

Please check out the resources available HERE. Remember, I receive no direct or indirect compensation for pointing you toward this resource.

Jeffery S. Watson

Attorney

Jeffery S. Watson is an attorney who has had an active trial and hearing practice for more than 27 years. As a trial lawyer, he has a unique perspective on real estate investing, wealth building and asset protection. He has tried over 20 civil jury trials and has handled thousands of contested hearings. Jeff has changed the law in Ohio 5 times via litigation or legislation:

Smith v. Rudler – 70 Ohio St.3d 397
In re Hugley – 629 N.E.2d 1136
Bahr v. Progressive Insurance – 2009-Ohio-6641
Snyder v. Snyder – 865 N.E.2d 944
H.B. 463 amending the Ohio Civil Rights Act

Jeff has also been a real estate investor since 1994, investing in both residential and commercial properties. He currently represents established real estate investors in commercial and residential matters when the transactions involve self-directed retirement accounts. As a frequent and popular guest speaker and teacher on stages and webinars, he is a recognized thought leader and innovator in the field of real estate investing, wealth building and self-directed retirement account transactions.

He is a nationally-recognized authority regarding regulatory concerns with wholesaling. He was the co-creator of the Option Contract method that revolutionized the short-sale flipping process. Thousands of investors have used documents created by Jeff to flip properties.

Jeff is general counsel to the National Real Estate Investors Association. Jeff is general counsel to and a cofounder of Realeflow, LLC, which made the Inc 500 list in 2011. He currently advises six different national organizations with a combined membership of over 250,000 investors.

From 2010 to present, Jeff has led lobbying efforts in Washington, DC on behalf of real estate investors which has brought about several changes in both government regulation and policy on distressed property purchases and resales. In 2014 and 2015, his efforts on Capitol Hill helped bring about change in the U.S. tax code and helped reinstate the Mortgage Debt Forgiveness Act. Since 2015, Jeff has worked to secure passage of the Seller Finance Enhancement Act.

Jeff’s efforts to secure reform in the real estate arena aren’t just on Capitol Hill. In his home state of Ohio, he has worked with the Ohio Division of Real Estate teaching on the legality of wholesaling.

He is a part owner of Venture Land Title II, LLC, and his law firm prepares deeds and other documents for two title companies. He is also legal counsel to a number of other organizations including Eagleville Bible Church, Inc.

Jeff is the author or co-author of 6 digital books:

• “Understanding Self-directed Individual Retirement Accounts”
• “A Guide to Private Lending”
• “Short Sales Done Right – How to Profitably and Legally Navigate the Short Sale Jungle”
• “Death of the Land Trust … in Short Sales”
• “How to Hire Your ‘Dream Team’ ”
• “Understanding the Foreclosure Process”

In addition to his digital books, Jeff authors an email newsletter twice a week and maintains a blog at WatsonInvested.com on investing, business and entrepreneurship which are read by thousands of successful investors.