Clint Coons, an expert in asset protection for real estate investors, shares critical insights on safeguarding your investments. He discusses the necessity of forming LLCs for legal protection and how they integrate with trusts. The podcast illuminates common pitfalls investors encounter and the vital role of proper planning. Clint emphasizes that relying solely on insurance is a risky misconception, urging investors to seek professional guidance for optimal asset security.
27:20
forum Ask episode
web_stories AI Snips
view_agenda Chapters
menu_book Books
auto_awesome Transcript
info_circle Episode notes
volunteer_activism ADVICE
LLC Timing
Set up an LLC before buying property if using a DSCR loan.
Wait to set up an LLC after closing on the property if you're using conventional financing.
volunteer_activism ADVICE
Offering Process
Understand your financing options before making an offer on a property.
This determines whether to use your name or an LLC on the contract.
volunteer_activism ADVICE
Using an Offer Entity
When using private financing or cash, make offers in the name of an entity.
Use "and/or designated entity" to allow flexibility.
Get the Snipd Podcast app to discover more snips from this episode
In this episode, we dive deep into the essential strategies for protecting your real estate investments. Whether you're a seasoned investor or just starting out, understanding the benefits of structuring your investments through an LLC is crucial for safeguarding your assets. We’ll explore when the right time is to create an LLC, how it works with trusts to provide added protection, how it protects you if there is a lawsuit, and why relying on insurance alone is a dangerous misconception. We’ll also discuss common mistakes investors make when starting their businesses.
This episode is packed with valuable insights to help you protect your wealth and minimize risk. Tune in and learn how to make your real estate investments more secure and successful!
DISCLAIMER
The views and opinions expressed in this podcast are provided for informational purposes only, and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action. For more information, go to www.RealWealthShow.com
Real Wealth Show: Real Estate Investing Podcast 
