A lot of people listening to the show are new investors, or maybe not even investors yet. So when should a beginning investor start to think about assid protection? Whe does it start to become important? And how should they start thinking about it when they 're very new to real estate? Yes, igret, it's a great question. But i think you need think about it just like in many business you need start thinking about protecting what you're going to have from the moment you decide, hey, I'm going to start a business. Hey, i'm going to im go by something. and that's when the problems start.
In this week’s episode, Robert Leonard talks with Brian T. Bradley about what asset protection is and why it matters, when a new real estate investor should start considering asset protection, whether new real estate investors need an LLC or not to start investing, how to setup an LLC, the most common and dangerous misconceptions around LLCs, and much, much more!
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
02:33 - What asset protection is and why it is important.
05:39 - When a real estate investor needs to start considering asset protection.
07:34 - What LLCs are and whether or not you need one to invest.
14:52 - Common and dangerous misconceptions around LLCs.
26:28 - How to properly setup and structure LLCs.
36:57 - How LLCs and asset protection works for house hacks.
59:26 - What asset protection trusts are.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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