Asset Protection For Real Estate Investors | PREI 218

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Business:investing, Education, How To, Investing, Business, Entrepreneurship

4.6 • 968 Ratings

🗓️ 10 March 2020

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In real estate, the only thing that's truly certain is that in any situation where you own assets, there's always the risk of losing those same assets for whatever reason. This is why real estate asset protection is such a vital necessity to you as a real estate investor - you don't want to be losing the assets and properties that you know you worked hard to acquire. Clint Coons is the Founding Partner at Anderson Business Advisors. Using his experience as a real estate asset protection expert and as an avid real estate investor, he speaks to Marco Santarelli about why getting asset protection should be the top priority of absolutely anyone acquiring assets. Download your FREE copy of The Ultimate Guide to Passive Real Estate Investing: https://www.NoradaRealEstate.com/FreeGuide/?utm_source=Episode_Summary IF YOU LIKE THIS PODCAST we would love if you would go to iTunes and Subscribe, Rate & Review our podcast. This will greatly help share our podcast with others wanting to learn. Thank you! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to passive real estate investing, the show where busy people like you learn
0:05.2	how to build substantial passive income while creating wealth for the long term.
0:09.2	And now here's your host, Marco Santorelli.
0:12.3	Welcome to Now here's your host Marco Santorelli.
0:14.0	Welcome to passive real estate investing.
0:16.0	I'm your host, Marco Santorelli.
0:18.0	Do you take asset protection seriously?
0:21.0	The importance of protecting your assets as an investor is completely unparalleled.
0:26.0	If you're looking for ways to ensure the success of your real estate business, you have the following
0:30.2	tools and options available to you. And there's really four.
0:34.0	The first is debt.
0:35.0	This strategy basically works like this.
0:37.0	If you continue to pull the equity out of your existing properties
0:40.0	and reinvest that money into new properties. You're building your
0:44.0	portfolio but you're also continually avoiding the excess liquid capital that
0:48.8	sits around in your properties. And this is a form of protecting yourself because you are not showing that you have equity or wealth.
0:57.0	This is otherwise known as equity stripping and most people will follow through with this strategy by either refinancing their properties to pull that equity out or using a home equity line of credit also known as a heelock.
1:11.0	The second tool and option you have available to you are LLCs are limited liability companies
1:16.9	widely available in every state in the United States. The benefits of setting up an LLC are almost unparalleled. They're next to none.
1:25.6	See, no one will be able to see the assets that are hidden behind an LLC.
1:31.8	And that's the beautiful thing about having a limited liability
1:34.8	company because for one an LLC will limit your personal vulnerability and
	...

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