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Get Rich Education

107: Garrett Sutton | Protect Your Real Estate with LLCs

Get Rich Education

Keith Weinhold

Realestateinvesting, Income, Passiveincome, Money, Business, Wealth, Investing, Careers, Realestate, Kiyosaki, Real, Rich, Creatingwealth

4.3602 Ratings

🗓️ 28 October 2016

⏱️ 41 minutes

🧾️ Download transcript

Summary

#107: Rich Dad Advisor Garrett Sutton is our guest today. His firm, Corporate Direct, offers smart asset protection and simplifies what seems complex.

Keith is back in Anchorage, AK for today’s show.

Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Find turnkey real estate investing opportunities.

Listen to this week’s show and learn:

02:12  Rely on your team. You don’t need to know everything.

04:52  “12 Reasons It’s A Great Time To Be A Real Estate Investor.”

11:20  Garrett Sutton interview begins.

12:45  Charging orders.

14:48  States offer different protections. You can “borrow” from the best state’s protection.

17:05  Texas asset protection.

22:24  Protecting yourself when you own real estate in multiple states.

25:04  Equity stripping.

26:18  Why Garrett wrote his new book, Toxic Client.

28:12  “Entitlementia.”

31:24  Why many attorneys get asset protection wrong.

33:18  When Robert Kiyosaki was famously sued, Here's how Garrett protected him.

34:14  Corporate Direct’s affordable fees. $695, or $595 for GRE listeners.

 

Resources Mentioned:

CorporateDirect.com

Phone Corporate Direct 1-800-600-1760

Amazon: Toxic Client book

Entitlementia.com

NoradaRealEstate.com

RidgeLendingGroup.com

GetRichEducation.com

Transcript

Click on a timestamp to play from that location

0:00.0

Get Rich Education is brought to by Norrida Real Estate Corporate Direct and Ridge Lending Group.

0:08.6

Cash flow real estate investors. This is Get Rich Education's Keith Weinhold. Did you know that you can finance up to 35 income properties all with one lender?

0:18.4

Ridge Lending Group specializes in investment property loans,

0:22.4

and they do it in almost every U.S. state. Ridge has worked with tens of thousands of real

0:27.6

estate investors and homeowners all over the country. They've been doing this for investors

0:32.1

for so long that at this point, they've helped more families realize their dreams of becoming

0:37.4

real estate investors

0:38.3

than any other mortgage lender in the country. To find out more, visit ridglinggroup.com.

0:51.1

Welcome to Get Rich Education with Keith Weinhold, giving you information and ideas on the investment that has turned more ordinary people into millionaires and billionaires than anything else, and can provide you with more wealth and happiness than you ever thought possible.

1:09.6

Now, here's your host, investor, entrepreneur, business owner, and educator, Keith Weinhold.

1:20.4

Hey, welcome to GRE.

1:22.3

This is Get Rich Education, Episode 107.

1:25.2

I'm your host, Keith Weinhold, heard in 171 world nations, from Australia to Armenia,

1:31.9

to Argentina, to America. Thanks for being here. And hey, I've got to use that geography degree

1:37.9

of mine once in a while. I'm back to help you build your wealth and create financial freedom

1:43.1

for yourself by creating durable income streams.

1:47.0

Today we're talking with Rich Dad Advisor Garrett Sutton about protecting what you've got.

1:52.4

Your income streams are only durable to the extent that they're protected from predators and toxic people.

1:59.9

Today I am back in Beautiful in Pristine Anchorage, aka USA,

2:05.6

after bringing you last week's show from Ontario, Canada. Being a profitable investor often means

2:12.0

not doing so much yourself. It's often about doing less and relying on the knowledge and the competency of

2:19.6

your team so that you can focus on your best in highest use, which is often being the best

...

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