The question, do I invest personally is a good one because when you do invest personally in real estate deals, even if you have a brokerage account, if that account or the real estate investment is in your individual name and you get sued in a car wreck, someone, an attorney going after you could reach right in and take those assets from.

Welcome to the Real Estate Strategies podcast.

I'm Ken McRoy and I'm here to give you creative ideas on how you can get started or continue your journey in real estate.

Each week we will bring you inspiring and informative conversations with successful people

and their path to obtaining or investing in real

estate. Enjoy the episode.

Hey everybody. It's Ken McElroy. Thanks for joining me with fellow Rich Dad advisor, Garrett Sutton.

And as we know, we're talking about the real estate investing for the entrepreneur.

And Garrett and I have known each other a really long time. We are advisors for Robert Kiyosaki.

Garrett's written many, many books. He speaks all over the world. And Garrett, welcome.

Thank you, Ken. Pleasure to be with with you so let's jump right in let's

talk about you know I love your two products the book you know starts your own corporation and

you know run your own corporation you know mean these yeah those books yeah let's let's talk about

those because in those books you talk about the best states that, you know, are best to form a corporation or LLC. And, you know, this is a complex issue. And in my company, as you know, we have over a thousand accredited investors. This question always comes up. You know, where do I, where do I put my

corporation? Do I invest personally and all that? So let's, uh, why don't you, why don't we talk a

little bit about that? All right. Great. Well, the question, do I invest personally is a good one.

Because when you do invest personally in real estate deals, uh, even if you have a brokerage account, if that account or the

real estate investment is in your individual name and you get sued in a car wreck, someone, an

attorney going after you could reach right in and take those assets from you. So you want to set up

these protective entities, corporations and LLCs, to give you that

limited liability protection. And so if someone invests in a syndication, they could, you know,

the syndication, let's say, is a Texas LLC. They can hold their LLC interest in their individual

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