Get Rich Education

15: Rich Dad Advisor Garrett Sutton | Protect Your Assets

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Synopsis

#15: 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 / Sut