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Posted about 4 years ago

How to Protect Your Wealth with Garrett Sutton

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Garrett Sutton has over 35years of experience working with entrepreneurs and investors. As the founder of both Corporate Direct and Sutton Law Center, Garrett thrives on helping entrepreneurs and real estate investors understand the advantages of forming business entities and how to protect their assets while maximizing their financial goals. Additionally, he enjoys his role as a frequent lecturer for small business groups, as well as the Rich Dad Advisors series.

Garrett prides himself on using his products and services to provide information that helps people understand important topics not taught in school and writing books that help people clearly understand the law, despite its many nuances.

Garrett Sutton joins John Carney today in The Real Estate Locker Room to discuss smart ways to own real estate.

Tune into our conversation here iTunes - Stitcher - Spotify

Key Points:

  1. Take the title of real estate investments in the name of an LLC.
  2. You want to split the real estate holding into multiple LLCs. It’s not advised to have more than three properties on an LLC.
  3. Set up your LLC sooner rather than later.
  4. LLCs are a 2ndlevel of insurance.
  5. Loopholes: 1) Use a grant deed or warranty deed for transfers. 2) Take advantage of good state law.
  6. Having a great Title Officer for your team is a good strategy.

Favorite Sport:

  • Rugby

Favorite Books:

  • Rich Dad Poor Dad
  • The 4th Turning

Pro tip:

  • Wake up early and exercise every day.

10,000 Miles to The American Dream GIVE AWAY!!!

Because we hit our 100thepisode, we are giving away 100 copies of our book 10,000 Miles to The American Dream!

  • How to win:
    • Go to your preferred podcast platform.
    • Leave a review
    • Send a screenshot to me via email, FB, or IG in a DM with your mailing address!

Thank you, Garrett Sutton, for taking the time to share protection and loophole strategies with the audience.

Invest well,

John Carney

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