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#391: 7 Simple & Cheap Ways to Protect Your Real Estate Wealth

#391: 7 Simple & Cheap Ways to Protect Your Real Estate Wealth

Episode 391 Published 1 year, 2 months ago
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⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://coachcarson.com/rpm

 

🎙️ Episode #391 - LLCs aren't your only option for protecting your investments—in fact, they might not even be the best one! 50+ year landlord John Schaub reveals seven simple and cost-effective strategies to safeguard your real estate wealth.

 

▶️ Next Episode: How to Become Financially Free with 5 Small & Simple Rentals

https://podcasts.apple.com/us/podcast/357-how-to-become-financially-free-with-5-small-simple/id1448707654?i=1000665864424


📄 Show Notes: https://www.coachcarson.com/protectyourwealth/


🎬 Timestamps:

  • (00:00) - Should You Get an LLC for Rental Properties?
  • (01:44) - Common Sense Asset Protection Strategies
  • (04:31) - Understanding and Managing Risks
  • (12:41) - Minimizing Transactions and Separate Ownership
  • (16:48) - Insurance and Key Risk Mitigation Tools
  • (20:35) - Leverage and Property Selection
  • (26:30) - Diversification and Natural Disasters
  • (30:14) - Spending and Sharing Wealth
  • (32:24) - How to Become Financially Free with 5 Small & Simple Rentals

 

🔗 Connect with John Schaub: 

 

____________________________________________________________________

⚒️ Get my FREE Real Estate Investor Toolkit:
https://www.coachcarson.com/toolkit-pod

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https://www.CoachCarson.com

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🐦 https://twitter.com/CoachChadCarson

💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine-YT

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