What is the Right Level of Protection for Your LLC?

As real estate investors, we spend years building up generational wealth. But a single lawsuit can tear it all down.

So, how do we put the right asset protection measures in place?

Garrett Sutton is the corporate attorney and asset protection expert behind Corporate Direct, a firm that helps entrepreneurs and investors protect their assets, maintain their privacy and achieve their financial goals.

Garrett is also one of Robert Kiyosaki’s Rich Dad Advisors and the bestselling author of several books, including his new release, Veil Not Fail: Protecting Your Personal Assets from Business Attacks.

On this episode of Financial Freedom with Real Estate Investing, Garrett joins cohost Garrett Lynch and me to explain why asset protection is crucial for real estate investors at all levels.

Garrett discusses why an LLC is the best way for syndicators and apartment owners to structure a business and walks us through the most common mistakes people make when it comes to asset protection.

Listen in for Garrett’s advice on what insurance you need as a real estate investor and learn what steps you can take to protect both your personal assets and property from lawsuits.

Key Takeaways 

The theme of Garrett’s new book, Veil Not Fail

Why asset protection is crucial for real estate investors

The best way for apartment owners to protect ourselves

Why Garrett likes LLCs in Wyoming, Delaware and Nevada

The common mistakes people make re: asset protection

Garrett’s advice around insurance for your LLC

When you need D&O insurance coverage

Who should consider getting cyber liability insurance

Garrett’s insight on the Corporate Transparency Act

What to look for in an asset protection attorney

The advantages of using an LLC for real estate

Connect with Garrett Sutton

Corporate Direct

Call (800) 600-1760

Schedule a Consult

Connect with Michael Blank

Michael on Facebook 

Michael on Instagram 

Michael on YouTube 

Michael on TikTok

Apartment Investor Network Facebook Group 

Email [email protected]

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Resources

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Join the Nighthawk Equity Investor Club

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Review the Podcast on iTunes

Financial Freedom with Real Estate Investing by Michael Blank

Veil Not Fail: Protecting Your Personal Assets from Business Attacks by Garrett Sutton, Esq

Start Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them by Garrett Sutton, Esq

Run Your Own Corporation: How to Legally Operate and Properly Maintain Your Company into the Future by Garrett Sutton, Esq

The Corporate Transparency Act

Podcast Show Notes

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