Summary: On today's episode we respond to some listen questions about asset protection and how I like to structure my asset protection plan. As well as how to hold title and use a client as an example scenario. And a quick look at closing dates and what to expect in practice.<br> <br> If you missed last week's episode, be sure to listen to the Listener Questions / Jacksonville Update.<br> <br> Enjoy the show!<br> <br> - - - - - - - - - - - - - -<br> <br> Download your FREE copy of: The Ultimate Guide to Passive Real Estate Investing.<br> <br> Get your FREE coffee mug by leaving us a Rating and Review on iTunes. Here's how.<br> <br> See our available Turnkey Cash-Flow Rental Properties.<br> <br> Please give us a RATING & REVIEW (Thank you!)<br> <br> SUBSCRIBE on iTunes | Stitcher | Podcast Feed <br> <br> <br> Ask Marco: Asset Protection, Holding Title, Closing Dates<br> I want to apologize for missing last week. I was very, very busy. In fact, we've all been very busy around here lately. This has just been an unbelievable year in terms of investor interest and sales. We recently hired a new transaction coordinator. I think she's been with us for three or four months. Lately, we've been in the process of finding a new investment counselor and we are now in the process of onboarding her and doing some training. It just never ceases to end, how busy things are around this country in terms of real estate and how busy we've been. A lot of that is thanks to you guys. For all you, past, current and future clients, we want to thank you very much. We appreciate your business. We love working with you and we love helping you and we love educating you. Keep up the good work. Don't lose the momentum. There are still lots of great deals to be found and we have a lot of those on our website. Even though inventory is tight and it moves quickly, we see a very big velocity in the number of properties being turned over, but they are there.<br> <br> A question for you, in your opinion, do you think the stock market is hugely overvalued? Obviously, there's a little bias in that question. I do. I think the stock market is irrationally high. I think that's the reason why we are so busy. I think there's a lot of investors who are coming to the realization that the stock market is overvalued and has had a long, long bull run. Some people I think are smart enough to start pulling some of those chips off the table and taking that cash and redeploying it into other areas, other assets. Some people might be sitting on the sidelines in cash, other people are investing those funds into hard assets. One of the best hard assets out there you can invest in is obviously income producing rental properties. What do you think? I'd like to know. I personally think the stock market is heavily overvalued.<br> <br> One of the metrics or indicators that people look at is the PE ratio, the price to earnings ratio. This is a valuation indicator that is probably the most quoted in the financial media. Nevertheless, according to that data, which by the way, I believe is compiled by Yale-Shiller. It is the index that was put together by Robert Shiller of the famous Case-Shiller index. Based on the standard estimates for the second quarter of this year, that ratio currently stands at 25.2 to 1. If that doesn't mean anything to you, let's look at it this way. A “normal” range is often in the 12-15 to 1 ratio. At least historically, that's what we've seen is being "normal." Realize this, that number is higher than 89% of the past bull market peaks. Where we stand today in the stock market, we are above where we have been at our peak in 89% of the past bull market peaks.<br> <br> <br> <br> You decide. I always tell people to not be heavily vested in the market. That's not financial advice, that's just me and my opinion and how I feel about it. At the end of the day,
