15. Garrett Sutton: Protect Your Assets
Released Jan 23, 2015
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.