Ep #86: Asset Protection Advice for Real Estate Investors - With Clint Coons

<span style="font-size:12.0pt;font-family:"Arial",sans-serif; mso-fareast-font-family:"Times New Roman";mso-bidi-font-weight:bold">Our guest for this week’s show is Asset protection specialist, active real estate investor, and real estate attorney, Clint Coons. In today's show we're going to speak with Clint about how we, the real estate investor, can best protect our real estate investments. <span style="font-size:12.0pt;font-family:"Arial",sans-serif; mso-fareast-font-family:"Times New Roman";mso-bidi-font-weight:bold">I’ve received multiple emails over the past few months from listeners who had questions regarding asset protection and I thought that the best way to cover the topic would be by bringing an expert on the show. <span style="font-size:12.0pt;font-family:"Arial",sans-serif;mso-fareast-font-family: "Times New Roman"">In this show you’re going to learn: <span style="font-size:12.0pt;font-family:"Arial",sans-serif; mso-fareast-font-family:"Times New Roman"">  <span style="font-size: 12.0pt;font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman"">How Clint got his start as both a Real Estate Attorney and active real Estate investor <span style="font-size: 12.0pt;font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman"">Why you should never take title to an investment property in your own name…ever! <span style="font-size: 12.0pt;font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman"">Why having the appropriate insurance coverage on your properties doesn’t mean that your assets are properly protected. <span style="font-size: 12.0pt;font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman"">Why obtaining a loan for a real estate deal from the bank that you keep most of your money with is a big no-no and what you need to do to protect yourself. <span style="font-size: 12.0pt;font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman"">Why an LLC is the preferred entity structure when forming a JV partnership. <span style="font-size: 12.0pt;font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman"">What a series LLC is and when it makes sense to use it. <span style="font-size: 12.0pt;font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman"">Why you should never allow your CPA to setup your entity structure <span style="font-size: 12.0pt;font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman"">Why it’s best to create the entity for your holding company in Wyoming or Nevada, no matter where you live or invest <span style="font-size: 12.0pt;font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman"">The right questions to ask in order to find the right real estate attorney and asset protection specialist for your unique needs. <span style="font-size: 12.0pt;font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman"">The reason you should never setup your LLC as member managed. <span style="font-size: 12.0pt;font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman"">Why you need to start on your asset protection plan now, even if you don’t yet own any properties. <span style="font-size: 12.0pt;font-family:"Arial",sans-serif;mso-fareast-font-family:"Times New Roman"">And much more... <span style="font-size:12.0pt;font-family:"Arial",sans-serif; mso-fareast-font-family:"Times New Roman";color:#111111">Recommended Resources: Download my free success guide,  “7 habits of highly successful multi-family investors” by going to <span style="font-size:12.0pt;line-height: 150%;font-family:"Arial",sans-serif">www.KevinBupp.com/guide Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link <span style="font-family:"Arial",sans-serif; color:blue;background:#F3F3F5">https://www.timetrade.com/book/KV2D2 Looking to invest in Mobile Home Parks? Want to JV with me on deals? If so, schedule a call with me and let’s talk. Click here <span style="font-family:"Arial",sans-serif; background:#F3F3F5">https://www.timetrade.com/book/FGF7S Learn more about Clint and his company, please visit https://clintcoons.wordpress.com/