It was five years ago when we decided to become real estate investors. It was about that time when we read the book Start Your Own Corporation that taught us skills we still implement to this day. We are so excited to welcome the best selling author of that book and attorney Garrett Sutton onto Doctors Building Wealth.
When you first start gaining assets in real estate investing it’s time to start thinking of how to protect yourself. Sutton learned long ago how to use LLC’s in his own investment strategy to do just that!
Many of us start out small and invest in single-family homes. There is a natural progression where you acquire more properties and maybe start looking at apartments or even triple net lease properties. That’s when you really have to make sure your assets are protected.
Sutton explains how LLCs are not a burden. They are basically insurance and will offer a second level of much-needed protection to your business. We also dive into the misunderstandings and advantages of a management LLC and the misconceptions of land trusts.
Make sure to tune in to this week’s episode to learn all about real estate legal entities from an expert!
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