Get Rich Education 15: Rich Dad Advisor Garrett Sutton | Protect Your Assets
#15: Rich Dad Advisor Garrett Sutton provides knowledge with how to incorporate and protect your business and real estate interests.
Listen to this week’s show and learn:
06:33 Garrett tells us that one of the better US states for protecting one’s assets has now become more vulnerable to outside attacks.
06:59 More states’ courts are ruling against protection for single-member LLCs.
08:57 Garrett explains the importance and meaning of protecting your “corporate veil”.
11:56 How to protect oneself with a four-plex and FHA 3.5% down payment.
14:15 How to change an existing property from individual ownership to an LLC. What’s special about Wyoming LLCs and how you can use one.
17:42 Who is liable in a slip-and-fall case – the property owner or the property manager?
18:18 Umbrella Insurance.
20:34 Can one “overdo it” with too much asset protection?
22:53 Garrett’s real estate investing preferences.
25:16 What Garrett would tell a 27-year-old investing enthusiast today.
27:50 Tell Corporate Direct / Sutton Law you learned about them through Get Rich Education. You can speak with Garrett directly about your asset protection needs at 30 minutes for $175.
Resources mentioned:
www.SutLaw.com
www.CorporateDirect.com or 1-800-600-1760
www.Reefogc.com
www.AmericanBaseballFoundation.com
Books: Loopholes Of Real Estate, Start Your Own Corporation.