You can’t hide anything from an attorney! If you own multiple properties, then you need to take steps toward financial assets protection. In order to protect your assets, make sure that you have enough property insurance to protect your investments and practice anonymity. Otherwise, you will live to regret it!
Financial Assets Protection Strategies Discussion
Rob Rowsell hit the ground running in this ATL call! It is so important to cover all your bases with your properties. He learned his lesson about financial assets protection the hard way when a jilted employee blindsided him with a lawsuit for over a half a million dollars! Talk about not having your ark ready for the storm!
Our host laid out three key strategies to assure that our assets are protected:
- Make sure you have enough comprehensive insurance on the property
- Practice anonymity through a property holding company – an LLC doesn’t count!
- Have enough liens on the property to make sure the value is evident
If you don’t think that you will need this advice, then you should think again! The more properties you own, the more open to litigation and financial audits you will be. Whether you like it or whether you don’t, the storm is coming. Do you have enough financial assets protection strategies in place in order to weather the storm?
Join Our Community
Do you own multi-family properties? If not, do you aspire to one day? Then you should consider joining our online discussion group, the ATL ATL Community! Each month, Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Sign up today!