Show 122 : Are we prepared for a lawsuit ? With Scott Smith

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About Scott 95% of real estate investors will face a major lawsuit in their lifetime: it’s not a matter of IF but WHEN am I going to get sued? Real estate investors without asset protection advertise their wealth for anyone who looks, making themselves targets.The law favors the proactive, so you must protect yourself before the lawsuit. If you do, you can manage and minimize your risk. If you don’t, you could lose everything. Merely the threat of a single lawsuit will cost you thousands. My clients get lawsuits dropped before they are even filed.Here’s the best way to protect yourself no matter where you live or where the assets are: a series LLC with anonymity trusts.Why?1. This system offers anonymity. They can't find out that you or your company own anything.2. Your assets are compartmentalized. If someone sues one property, they cannot get to you or your other properties.3. You and your assets are fully protected.— You can’t prevent being sued but you can protect yourself before it happens. —You can find Scott at https://royallegalsolutions.com/https://royallegalsolutions.com/conta...(512) 757-3994You can find me athttps://peer2peerrealestate.com/www.facebook.com/peer2peerrealestatehttps://www.linkedin.com/in/williemor...Youtube Channel**Peer 2 Peer Real Estate may be compensated and/or receive an affiliate commission if you buy something through our links, at no extra cost to you.Thanks to our Partners- Royal Legal Solutions, Rentometer & Landlord StudioTrack income and expenses, screen tenants, set automatic reminders, and more.Try Landlord Studio free for 30 days, no credit card required. By entering your email, you agree to our Terms and Conditions.peer2peerrealestate/freetrialWorried about protecting your assets? Let Royal Legal Solutions helphttps://royallegalsolutions.com/?ref=6Paying too much for rent? Charging too little? Let Rentometer compare your rent with other local properties. Rentometer PRO Monthly, Save 50% from the monthly price or Save $60 Off Rentometer PRO Annual ($199 - $60 = $139/yrP2P.COM/50 Save 50% off Monthly Price P2P.COM/60 Save $60 off Annual Price Don't forget about our monthly events, go to RedinNYC and get your tickets .https://www.redinnyc.com/Please go to Itunes, look for us at Peer 2 Peer Real Estate Podcasts, subscribe and leave a reviewkeep the momentum going, Good things will happen. See acast.com/privacy for privacy and opt-out information.